According to data released by URA on 23 January 2015 for 4th Quarter 2014, the prices of private properties declined by 4% for the year of 2014 as a whole, compared to an increase of 1.1% in 2013. The report also highlighted that there were price decrease across all segments of the private residential property market, including the central region, which seen drop of 0.9%. Source: URA The current market trend is in line with what most analysts predicted last year and the market mood is expected to continue to be sour moving forward. With the slew of cooling measures firmly in place, many property investors are still adopting a wait-and-see approach. Because of this, for the whole of last year, developers sold 7,316 units, a figure much lower than the 14,948 units sold in 2013. Source: URA To make matter worse, if we include the 14,220 Executive ......