Singapore's private residential property prices fell 13.8% in the first quarter, after falling 6.1% in the fourth quarter, a flash report from the country's Urban Redevelopment Authority showed Wednesday.

Among the regions, the price of non-landed private residential properties declined 15.2% in the Core Central Region, during the first quarter, compared to a 6.5% drop in the fourth quarter.

In the Outside Central Region, the prices of non-landed private residential properties slipped 7.5% compared to a 5.9% decline in the previous quarter. At the same time, property prices went down 17.2% in the Rest of Central Region, compared to a 6.2% fall in the fourth quarter.

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