Man's Body Recovery Effort Ends; Sinkhole 'Unstable'












Authorities have discontinued the rescue effort for a Florida man who was swallowed by a sinkhole when his home's foundation collapsed and said it is unlikely his body will ever be recovered.


"We feel we have done everything we can," Hillsborough County administrator Mike Merrell said at a news conference this afternoon. "At this point, it's not possible to recover the body."


Merell said officials would bring in heavy equipment to begin demolishing the home on Sunday.


"We're dealing with a very unusual sinkhole," he said. "It's very deep. It's very wide. It's very unstable."


Jeff Bush was in his bedroom when a sinkhole opened up and trapped him underneath his home at 11 p.m. Thursday.


Two homes next door to Bush's residence were evacuated today after authorities said they had been compromised by the growing sinkhole.


With the assistance of rescuers, the homeowners will be allowed to enter their home for only 30 minutes to gather valuables, authorities said.


Rescuers returned to the site in Seffner, Fla., early this morning to conduct further testing, but decided it was too dangerous for the family initially affected by the sinkhole to enter their home, which was declared condemned.








Florida Sinkhole Opens Up Beneath Man's Home Watch Video









Florida Man Believed Dead After Falling into Sinkhole Watch Video









Florida Sinkhole Swallows House, Man Trapped Inside Watch Video





While the sinkhole was initially estimated to be 15 feet deep on Thursday night, the chasm has continued to grow. Officials now estimate it measures 30 feet across and is up to 100 feet deep.


The Hillsborough County Fire Rescue has set up a relief fund for all families affected by the growing sink hole.


MORE: How Sinkholes Can Develop


Rescue operations were halted Friday night after it became too dangerous to approach the home.


Bill Bracken, an engineer with Hillsborough County Urban Search and Rescue team said the house "should have collapsed by now, so it's amazing that it hasn't."


RELATED: Florida Man Swallowed by Sinkhole: Conditions Too Unstable to Approach


Using ground penetrating radar, rescuers have found a large amount of water beneath the house, making conditions even more dangerous for them to continue the search for Bush.


Hillsborough County lies in what is known as Florida's "Sinkhole Alley." More than 500 sinkholes have been reported in the area since 1954, according to the state's environmental agency.


Meanwhile, Bush's brother, Jeremy Bush, is still reeling from Thursday night.


Jeremy Bush had to be rescued by a first responder after jumping into the hole in an attempt to rescue his brother when the home's concrete floor collapsed, but said he couldn't find him.


"I just started digging and started digging and started digging, and the cops showed up and pulled me out of the hole and told me the floor's still falling in," he said.


"These are everyday working people, they're good people," said Deputy Douglas Duvall of the Hillsborough County sheriff's office. "And this was so unexpected, and they're still, you know, probably facing the reality that this is happening."



Read More..

Malaysia threatens 'drastic' steps in Borneo siege






LAHAD DATU, Malaysia: Malaysia threatened Saturday to take "drastic action" against intruding followers of a self-proclaimed Filipino sultan after a tense standoff erupted into a shootout that killed 14 people.

Twelve followers of the little-known sultan of Sulu and two Malaysian security personnel were killed in Friday's firefight, police said, as the more than two-week-old siege in a remote corner of Malaysia turned deadly.

Dozens of Filipinos have been holed up on Borneo island, surrounded by a massive Malaysian police and military cordon, since landing by boat from their nearby Philippine islands to insist the area belongs to their Islamic leader.

"We want them to surrender immediately. If they don't, they will face drastic action," Hamza Taib, police chief of the Malaysian state of Sabah where the drama was taking place, told AFP.

He declined to provide details of what security forces had in store but his comments echoed growing Malaysian impatience with the situation.

In Manila, Philippine President Benigno Aquino urged the gunmen to surrender immediately.

"To those who have influence and the capacity to reason with those in (the affected town of) Lahad Datu, I ask you to convey this message: surrender now, without conditions," he said in a statement.

Malaysian Prime Minister Najib Razak, whose government has been embarrassed by the security breach, said in the shootout's aftermath that he told police and armed forces to take whatever action was necessary to end the impasse.

"Now there is no grace period for the group to leave," he was quoted as saying by Malaysian media, blaming the intruders for sparking the violence.

But the deadly clash drew criticism from opposition leader Anwar Ibrahim.

"Why is our government lax about national security,?" he said in a statement late Friday, adding that the government must explain what transpired in the bloody clash claiming two Malaysian lives.

Muslim-majority Malaysia had previously avoided tough talk, expressing hope the intruders would leave peacefully.

But even if they give up, they will face Malaysian prosecution, Hamza said, after he met with Malaysia's home minister and other top security officials.

Local residents were staying indoors and the usually bustling coastal town of Lahad Datu was quiet with most shops closed on Saturday.

Georgina Paulino, a 50-year-old street vendor, complained that her business has been badly hit.

"People are afraid they could be shot if they come out," she told AFP.

The Filipinos, who are estimated to number between 100 and 300, sailed from their remote islands to press Jamalul Kiram III's claim to Sabah.

Kiram, 74, claims to be the heir to the Islamic sultanate of Sulu, which once controlled parts of the southern Philippines and a portion of Borneo.

The Sulu sultanate's power faded about a century ago but it has continued to receive nominal payments from Malaysia for Sabah under a historical lease arrangement passed down from European colonial powers.

- AFP/ck



Read More..

India 'closely monitoring' situation in Sri Lanka: Union minister Narayanasamy

CHENNAI: The Centre was "closely monitoring" the situation in Sri Lanka and was taking all steps for the safety of Tamils living there, Union minister V Narayanasamy said on Saturday.

"India was closely monitoring the situation over the Sri Lankan Tamils issue in the island nation and was taking all steps for their safety", the minister of state in PMO he told reporters here.

Responding to a query, Narayanasamy said the Centre would not take any hasty decisions on the Sri Lankan issue, adding, "steps based on the resolution passed at the Human Rights Council Meet (in Geneva) will be taken".

"India will take steps based on what kind of resolutions comes in the UN HRC meet and what kind of resolutions passed in it. It will not be fair for India to support the resolution taken in Geneva before it gets passed..", Narayanaswamy told reporters here.

On increasing the petrol price for the second time within two weeks, he said since it has been deregulated the decision was taken by the oil marketing companies.

Oil marketing companies yesterday announced a Rs 1.78 increase per litre in the price of petrol.

Read More..

WHO: Slight cancer risk after Japan nuke accident


LONDON (AP) — Two years after Japan's nuclear plant disaster, an international team of experts said Thursday that residents of areas hit by the highest doses of radiation face an increased cancer risk so small it probably won't be detectable.


In fact, experts calculated that increase at about 1 extra percentage point added to a Japanese infant's lifetime cancer risk.


"The additional risk is quite small and will probably be hidden by the noise of other (cancer) risks like people's lifestyle choices and statistical fluctuations," said Richard Wakeford of the University of Manchester, one of the authors of the report. "It's more important not to start smoking than having been in Fukushima."


The report was issued by the World Health Organization, which asked scientists to study the health effects of the disaster in Fukushima, a rural farming region.


On March 11, 2011, an earthquake and tsunami knocked out the Fukushima plant's power and cooling systems, causing meltdowns in three reactors and spewing radiation into the surrounding air, soil and water. The most exposed populations were directly under the plumes of radiation in the most affected communities in Fukushima, which is about 150 miles (240 kilometers) north of Tokyo.


In the report, the highest increases in risk are for people exposed as babies to radiation in the most heavily affected areas. Normally in Japan, the lifetime risk of developing cancer of an organ is about 41 percent for men and 29 percent for women. The new report said that for infants in the most heavily exposed areas, the radiation from Fukushima would add about 1 percentage point to those numbers.


Experts had been particularly worried about a spike in thyroid cancer, since radioactive iodine released in nuclear accidents is absorbed by the thyroid, especially in children. After the Chernobyl disaster, about 6,000 children exposed to radiation later developed thyroid cancer because many drank contaminated milk after the accident.


In Japan, dairy radiation levels were closely monitored, but children are not big milk drinkers there.


The WHO report estimated that women exposed as infants to the most radiation after the Fukushima accident would have a 70 percent higher chance of getting thyroid cancer in their lifetimes. But thyroid cancer is extremely rare and one of the most treatable cancers when caught early. A woman's normal lifetime risk of developing it is about 0.75 percent. That number would rise by 0.5 under the calculated increase for women who got the highest radiation doses as infants.


Wakeford said the increase may be so small it will probably not be observable.


For people beyond the most directly affected areas of Fukushima, Wakeford said the projected cancer risk from the radiation dropped dramatically. "The risks to everyone else were just infinitesimal."


David Brenner of Columbia University in New York, an expert on radiation-induced cancers, said that although the risk to individuals is tiny outside the most contaminated areas, some cancers might still result, at least in theory. But they'd be too rare to be detectable in overall cancer rates, he said.


Brenner said the numerical risk estimates in the WHO report were not surprising. He also said they should be considered imprecise because of the difficulty in determining risk from low doses of radiation. He was not connected with the WHO report.


Some experts said it was surprising that any increase in cancer was even predicted.


"On the basis of the radiation doses people have received, there is no reason to think there would be an increase in cancer in the next 50 years," said Wade Allison, an emeritus professor of physics at Oxford University, who also had no role in developing the new report. "The very small increase in cancers means that it's even less than the risk of crossing the road," he said.


WHO acknowledged in its report that it relied on some assumptions that may have resulted in an overestimate of the radiation dose in the general population.


Gerry Thomas, a professor of molecular pathology at Imperial College London, accused the United Nations health agency of hyping the cancer risk.


"It's understandable that WHO wants to err on the side of caution, but telling the Japanese about a barely significant personal risk may not be helpful," she said.


Thomas said the WHO report used inflated estimates of radiation doses and didn't properly take into account Japan's quick evacuation of people from Fukushima.


"This will fuel fears in Japan that could be more dangerous than the physical effects of radiation," she said, noting that people living under stress have higher rates of heart problems, suicide and mental illness.


In Japan, Norio Kanno, the chief of Iitate village, in one of the regions hardest hit by the disaster, harshly criticized the WHO report on Japanese public television channel NHK, describing it as "totally hypothetical."


Many people who remain in Fukushima still fear long-term health risks from the radiation, and some refuse to let their children play outside or eat locally grown food.


Some restrictions have been lifted on a 12-mile (20-kilometer) zone around the nuclear plant. But large sections of land in the area remain off-limits. Many residents aren't expected to be able to return to their homes for years.


Kanno accused the report's authors of exaggerating the cancer risk and stoking fear among residents.


"I'm enraged," he said.


___


Mari Yamaguchi in Tokyo and AP Science Writer Malcolm Ritter in New York contributed to this report.


__


Online:


WHO report: http://bit.ly/YDCXcb


Read More..

Obama Signs Order to Begin Sequester Cuts












President Obama and congressional leaders today failed to reach a breakthrough to avert a sweeping package of automatic spending cuts, setting into motion $85 billion of across-the-board belt-tightening that neither had wanted to see.


President Obama officially initiated the cuts with an order to agencies Friday evening.


He had met for just over an hour at the White House Friday morning with Republican leaders House Speaker John Boehner and Senate Minority Leader Mitch McConnell and his Democratic allies, House Minority Leader Nancy Pelosi, Senate Majority Leader Harry Reid and Vice President Joe Biden.


But the parties emerged from their first face-to-face meeting of the year resigned to see the cuts take hold at midnight.


"This is not a win for anybody," Obama lamented in a statement to reporters after the meeting. "This is a loss for the American people."


READ MORE: 6 Questions (and Answers) About the Sequester


Officials have said the spending reductions immediately take effect Saturday but that the pain from reduced government services and furloughs of tens of thousands of federal employees would be felt gradually in the weeks ahead.








Sequestration Deadline: Obama Meets With Leaders Watch Video











Sequester Countdown: The Reality of Budget Cuts Watch Video





Federal agencies, including Homeland Security, the Pentagon, Internal Revenue Service and the Department of Education, have all prepared to notify employees that they will have to take one unpaid day off per week through the end of the year.


The staffing trims could slow many government services, including airport screenings, air traffic control, and law enforcement investigations and prosecutions. Spending on education programs and health services for low-income families will also get clipped.


"It is absolutely true that this is not going to precipitate the crisis" that would have been caused by the so-called fiscal cliff, Obama said. "But people are going to be hurt. The economy will not grow as quickly as it would have. Unemployment will not go down as quickly as it would have. And there are lives behind that. And it's real."


The sticking point in the debate over the automatic cuts -- known as sequester -- has remained the same between the parties for more than a year since the cuts were first proposed: whether to include more new tax revenue in a broad deficit reduction plan.


The White House insists there must be higher tax revenue, through elimination of tax loopholes and deductions that benefit wealthier Americans and corporations. Republicans seek an approach of spending cuts only, with an emphasis on entitlement programs. It's a deep divide that both sides have proven unable to bridge.


"This discussion about revenue, in my view, is over," Boehner told reporters after the meeting. "It's about taking on the spending problem here in Washington."


Boehner: No New Taxes to Avert Sequester


Boehner says any elimination of tax loopholes or deductions should be part of a broader tax code overhaul aimed at lowering rates overall, not to offset spending cuts in the sequester.


Obama countered today that he's willing to "take on the problem where it exists, on entitlements, and do some things that my own party doesn't like."


But he says Republicans must be willing to eliminate some tax loopholes as part of a deal.


"They refuse to budge on closing a single wasteful loophole to help reduce the deficit," Obama said. "We can and must replace these cuts with a more balanced approach that asks something from everybody."


Can anything more be done by either side to reach a middle ground?


The president today claimed he's done all he can. "I am not a dictator, I'm the president," Obama said.






Read More..

US sailors jailed for Okinawa rape: report






TOKYO: Two US sailors who raped a Japanese woman in Okinawa last October, sparking island-wide anger, were on Friday jailed for nine and 10 years, a report said.

The Naha District Court in Okinawa said Christopher Browning, 24, should go to prison for 10 years while Skyler Dozierwalker, 23, should serve nine, Jiji Press reported.

Browning and Dozierwalker, who were not stationed in Okinawa, had been drinking on the evening of the attack, which took place on the street and left the unidentified woman with neck injuries.

During an earlier court appearance the two men had admitted the offence, which caused outrage on the sub-tropical islands and beyond, and led to a nationwide night-time curfew on all US military personnel in Japan.

Despite the curfew, misconduct involving US servicemen, much of it drunken, has continued to fuel anti-US sentiment in communities with bases.

Wary of yet another public relations disaster, the US moved quickly to try to lower the temperature in the immediate aftermath of the rape, with ambassador John Roos holding a special news conference at which he appeared visibly angry and upset.

"The United States will cooperate in every way possible with the Japanese authorities to address this terrible situation."

"I understand the anger that many people feel with respect to this reported incident," he said. "I have a 25-year-old daughter myself, so this is very personal to me."

The attack came amid already high tensions in Okinawa, which saw demonstrations last year against the US deployment to the island of the tilt-rotor Osprey aircraft.

The aircraft's perceived poor safety record has been picked over in Japanese media and by local opponents, but commentators say it is a proxy issue and resentment over what many see as an unfair burden is at the root of objections.

Okinawa is the reluctant host to more than half of the 47,000 American service personnel in Japan, and the crimes, noise and risk of accidents associated with their bases regularly provoke ire in the local community.

In 1995 the gang rape of a 12-year-old Okinawan girl by US servicemen sparked mass protests resulting in a US-Japan agreement to reduce the huge US military presence on the Okinawan chain.

Okinawans say other parts of Japan should take more of the burden and want bases closed or reduced in size.

- AFP/xq



Read More..

Arun Jaitley's phone was not tapped: Sushil Kumar Shinde

NEW DELHI: Attempts had been made to access Arun Jaitley's phone records but no information had been obtained, home minister Sushilkumar Shinde said on Friday in reference to allegations that the opposition leader's phones had been tapped.

"This was not the case of phone tapping. The Delhi Police has made some arrests, they said we came to know some person sought to know call record data of Arun Jaitley... The call data records were not disclosed," Shinde told Rajya Sabha.

He also informed the house that four arrests had been made.

His statement was, however, rejected by opposition members who said it contained no information at all.

BJP has termed the attempt to secure the call data rRecords (CDR) of Jaitley's mobile phone as a serious matter and demanded an answer from Shinde as to who ordered this unauthorised surveillance.

Samajwadi party supremo Mulayam Singh Yadav on Friday termed tapping of phones of Members of Parliament as a serious issue, and asked the government to take tough action against culprits. Singh said: "Tapping of phones of MPs is a serious issue. The Government should get the entire incident investigated and take tough actions to stop such incidents from happening in future."

Rajya Sabha had witnessed uproar over the issue last week and had to be adjourned.

"This is a government of spies like James Bond and when any government functions in a mafia style then the people of this country does not forgive it. This is a serious crime," said BJP spokesperson Mukhtar Abbas Naqvi.

Private detective Anurag Singh, the alleged main conspirator arrested in connection with the attempt to access call details of Jaitley, was on Tuesday remanded in judicial custody by a Delhi court.

The other three accused -- constable Arvind Dabas, Neeraj and Nitish -- are already in judicial custody.

(With inputs from agencies)

Read More..

WHO: Slight cancer risk after Japan nuke accident


LONDON (AP) — Two years after Japan's nuclear plant disaster, an international team of experts said Thursday that residents of areas hit by the highest doses of radiation face an increased cancer risk so small it probably won't be detectable.


In fact, experts calculated that increase at about 1 extra percentage point added to a Japanese infant's lifetime cancer risk.


"The additional risk is quite small and will probably be hidden by the noise of other (cancer) risks like people's lifestyle choices and statistical fluctuations," said Richard Wakeford of the University of Manchester, one of the authors of the report. "It's more important not to start smoking than having been in Fukushima."


The report was issued by the World Health Organization, which asked scientists to study the health effects of the disaster in Fukushima, a rural farming region.


On March 11, 2011, an earthquake and tsunami knocked out the Fukushima plant's power and cooling systems, causing meltdowns in three reactors and spewing radiation into the surrounding air, soil and water. The most exposed populations were directly under the plumes of radiation in the most affected communities in Fukushima, which is about 150 miles (240 kilometers) north of Tokyo.


In the report, the highest increases in risk are for people exposed as babies to radiation in the most heavily affected areas. Normally in Japan, the lifetime risk of developing cancer of an organ is about 41 percent for men and 29 percent for women. The new report said that for infants in the most heavily exposed areas, the radiation from Fukushima would add about 1 percentage point to those numbers.


Experts had been particularly worried about a spike in thyroid cancer, since radioactive iodine released in nuclear accidents is absorbed by the thyroid, especially in children. After the Chernobyl disaster, about 6,000 children exposed to radiation later developed thyroid cancer because many drank contaminated milk after the accident.


In Japan, dairy radiation levels were closely monitored, but children are not big milk drinkers there.


The WHO report estimated that women exposed as infants to the most radiation after the Fukushima accident would have a 70 percent higher chance of getting thyroid cancer in their lifetimes. But thyroid cancer is extremely rare and one of the most treatable cancers when caught early. A woman's normal lifetime risk of developing it is about 0.75 percent. That number would rise by 0.5 under the calculated increase for women who got the highest radiation doses as infants.


Wakeford said the increase may be so small it will probably not be observable.


For people beyond the most directly affected areas of Fukushima, Wakeford said the projected cancer risk from the radiation dropped dramatically. "The risks to everyone else were just infinitesimal."


David Brenner of Columbia University in New York, an expert on radiation-induced cancers, said that although the risk to individuals is tiny outside the most contaminated areas, some cancers might still result, at least in theory. But they'd be too rare to be detectable in overall cancer rates, he said.


Brenner said the numerical risk estimates in the WHO report were not surprising. He also said they should be considered imprecise because of the difficulty in determining risk from low doses of radiation. He was not connected with the WHO report.


Some experts said it was surprising that any increase in cancer was even predicted.


"On the basis of the radiation doses people have received, there is no reason to think there would be an increase in cancer in the next 50 years," said Wade Allison, an emeritus professor of physics at Oxford University, who also had no role in developing the new report. "The very small increase in cancers means that it's even less than the risk of crossing the road," he said.


WHO acknowledged in its report that it relied on some assumptions that may have resulted in an overestimate of the radiation dose in the general population.


Gerry Thomas, a professor of molecular pathology at Imperial College London, accused the United Nations health agency of hyping the cancer risk.


"It's understandable that WHO wants to err on the side of caution, but telling the Japanese about a barely significant personal risk may not be helpful," she said.


Thomas said the WHO report used inflated estimates of radiation doses and didn't properly take into account Japan's quick evacuation of people from Fukushima.


"This will fuel fears in Japan that could be more dangerous than the physical effects of radiation," she said, noting that people living under stress have higher rates of heart problems, suicide and mental illness.


In Japan, Norio Kanno, the chief of Iitate village, in one of the regions hardest hit by the disaster, harshly criticized the WHO report on Japanese public television channel NHK, describing it as "totally hypothetical."


Many people who remain in Fukushima still fear long-term health risks from the radiation, and some refuse to let their children play outside or eat locally grown food.


Some restrictions have been lifted on a 12-mile (20-kilometer) zone around the nuclear plant. But large sections of land in the area remain off-limits. Many residents aren't expected to be able to return to their homes for years.


Kanno accused the report's authors of exaggerating the cancer risk and stoking fear among residents.


"I'm enraged," he said.


___


Mari Yamaguchi in Tokyo and AP Science Writer Malcolm Ritter in New York contributed to this report.


__


Online:


WHO report: http://bit.ly/YDCXcb


Read More..

Sequestration: Surrender Is in the Air












The budget ax is about to fall, and there's little lawmakers in Washington are doing to stop it.


Despite a parade of dire warnings from the White House, an $85 billion package of deep automatic spending cuts appears poised to take effect at the stroke of midnight on Friday.


The cuts – known in Washington-speak as the sequester – will hit every federal budget, from defense to education, and even the president's own staff.


On Capitol Hill, Senate Democrats and Republicans each staged votes Thursday aimed at substituting the indiscriminate across-the-board cuts with more sensible ones. Democrats also called for including new tax revenue in the mix. Both measures failed.


Lleaders on both sides publicly conceded that the effort was largely for show, with little chance the opposing chamber would embrace the other's plan. They will discuss their differences with President Obama at the White House on Friday.


"It isn't a plan at all, it's a gimmick," Senate Minority Leader Mitch McConnell, R-Ky., said today of the Democrats' legislation.


"Republicans call the plan flexibility" in how the cuts are made, said Senate Majority Leader Harry Reid. "Let's call it what it is. It is a punt."


The budget crisis is the product of a longstanding failure of Congress and the White House to compromise on plans for deficit reduction. The sequester itself, enacted in late 2011, was intended to be so unpalatable as to help force a deal.








Eric Holder Says Sequester Makes America Less Safe Watch Video









Eric Holder Sounds Sequester Alarm: Exclusive Watch Video









Sequestration: Democrats, Republicans Play Blame Game Watch Video





Republicans and Democrats, however, remain gridlocked over the issue of taxes.


Obama has mandated that any steps to offset the automatic cuts must include new tax revenue through the elimination of loopholes and deductions. House Speaker John Boehner and the GOP insist the approach should be spending cuts-only, modifying the package to make it more reasonable.


"Do we want to close loopholes? We sure do. But if we are going to do tax reform, it should focus on creating jobs, not funding more government," House Speaker John Boehner said, explaining his opposition to Obama's plan.


Boehner, McConnell, Reid and House Minority Leader Nancy Pelosi will huddle with Obama at the White House on Friday for the first face-to-face meeting of the group this year.


"There are no preconditions to a meeting like this," White House spokesman Jay Carney said today. "The immediate purpose of the meeting is to discuss the imminent sequester deadline and to avert it."


Even if the leaders reach a deal, there's almost no chance a compromise could be enacted before the deadline. Lawmakers are expected to recess later today for a long weekend in their districts.


What will be the short-term impact of the automatic cuts?


Officials say it will be a gradual, "rolling impact" with limited visible impact across the country in the first few weeks that the cuts are allowed to stand.


Over the long term, however, the Congressional Budget Office and independent economic analysts have warned sequester could lead to economic contraction and possibly a recession.


"This is going to be a big hit on the economy," Obama said Wednesday night.


"It means that you have fewer customers with money in their pockets ready to buy your goods and services. It means that the global economy will be weaker," he said. "And the worst part of it is, it's entirely unnecessary."


Both sides say that if the cuts take effect, the next best chance for a resolution could come next month when the parties need to enact a new federal budget. Government funding runs out on March 27, raising the specter of a federal shutdown if they still can't reach a deal.


"As we anticipate an across-the-board budget cuts across our land, we still expect to see your goodness prevail, O God, " Senate Chaplain Barry Black prayed on the Senate floor this morning, "and save us from ourselves."



Read More..

Resale prices of private homes rebound in January






SINGAPORE: Prices of resale private homes rebounded in January, rising 0.3 per cent, reversing the previous month's 0.2 per cent decline, according to the Singapore Residential Price Index flash estimates published by the Institute of Real Estate Studies at the National University of Singapore.

The increase in January was led by price growth in the small unit segment, defined as homes below 506 square feet.

In January, prices of small units rose 2.6 per cent, reversing a 0.7 per cent fall in December.

Prices of resale homes located in the central region also climbed by 0.7 per cent in January, following a 1.5 per cent decrease in the previous month.

Meanwhile, the only segment that registered a price drop last month was homes outside the central area.

Prices fell 0.1 per cent in January, compared with a 0.8 per cent increase in December.

- CNA/ck



Read More..