http://www.propertyguru.com.sg/prope...line-3-4-by-q4

The private housing market is currently at an inflexion point in terms of prices, with the downward trend persisting towards H2 2014 as the Total Debt Servicing Ratio (TDSR) and cooling measures continue to affect market sentiment, according to media reports quoting Knight Frank.

Notably, prices in the Core Central Region (CCR) are expected to drop further by two to three percent over the next three quarters this year, with around three to four percent year-on-year decline in Q4 2014.

Meanwhile, price decreases in the Rest of Central Region (RCR) are expected to slow in the second half of 2014, with an overall decline of four percent year-on-year by Q4 2014.

Knight Frank noted that the new sale market could be the more resilient segment given its proximity to the city centre and its lower prices compared to high-end new sale private homes in the CCR.

Meanwhile, prices of mass market homes in the Outside Central Region (OCR) are expected to drop by another two to three percent in the next three quarters, with an estimated three percent decline year-on-year in Q4 2014.

The consultancy added that the moderation in HDB resale flat prices would affect price trends in the mass market private homes segment.

Overall, private home prices are expected to slip by an average of three to four percent year-on-year in Q4 2014, should current regulations remain effective to year-end.