Singapore’s private residential property prices rose 2.7% in the fourth quarter from the previous three months, slowing from the third quarter’s 2.9% rise, according to final estimates issued by the government Friday.

The fourth-quarter data is in line with the initial estimates published earlier this month.

 

The latest figures from the Urban Redevelopment Authority show that during the fourth quarter, rentals of private residential properties rose by 2.6%, offices by 4.7%, shops by 1.7% and industrial properties by 5.0%.

 

URA said that prices of non-landed residential properties rose by 1.8% in the fourth quarter compared with the 1.6% increase in the previous quarter, while that of landed homes increased by 5.5% compared with 7.7% in the previous quarter.