Highlights:"Based on the estimated price index of private residential property, prices rose from 147.8 points in the 2nd Quarter 2007 to 159.6 points in the 3rd Quarter 2007. This represents an increase of 8.0%, compared with the 8.3% increase in the previous quarter."
"URA also released today the flash estimates of the price changes in the 3 geographical regions for 3rd Quarter 2007. Prices of non-landed private residential properties increased by 8.3% in Core Central Region, 7.7% in Rest of Central Region and 8.1% in Outside Central Region in the quarter."
"The Government will continue to monitor prices closely. The Government is currently reviewing the Government Land Sales (GLS) Programme for 1st half of 2008 and will announce the details at the end of 2007."[source: Urban Redevelopment Authority of Singapore, URA]
