Diamonds in the mass

The URA released the flash estimates of the price index of private residential property for the fourth quarter (4Q) of 2008 on 2 January 2009. Based on the estimates, prices fell by 5.7% in 4Q compared with a drop of 2.4% in 3Q. This is the second consecutive quarterly drop in residential property prices and is in line with the expectations. It is believed that property prices will continue to decline for 2009.

Someone i know mus b luffin his way to the bank -.-