{"id":113350,"date":"2020-01-02T12:01:04","date_gmt":"2020-01-02T05:01:04","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-up-0-3-in-q4-2019-and-2-5-overall-in-2019\/"},"modified":"2020-01-02T12:32:56","modified_gmt":"2020-01-02T05:32:56","slug":"private-home-prices-up-0-3-in-q4-2019-and-2-5-overall-in-2019","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-up-0-3-in-q4-2019-and-2-5-overall-in-2019\/","title":{"rendered":"Private home prices up 0.3% in Q4 2019 and 2.5% overall in 2019"},"content":{"rendered":"


\nIn Q3\u00a02019, the overall price index for private homes rose by 1.3%.
\nSingapore\u2019s private home prices grew for the third straight quarter in 2019, as the Urban Redevelopment Authority\u2019s (URA) flash estimate for Q4 2019 revealed a 0.3% growth over the previous quarter.
\nOverall in 2019, the same estimate showed prices increased by 2.5% compared to the 7.9% rise in 2018, reported The Business Times.
\nFor the third quarter of 2019, the overall price index for private homes rose by 1.3%. On the other hand, the prices of landed property increased by 4% in the fourth quarter of 2018, after growing by 1% in the third quarter of 2019.
\nPrice increases varied in different regions
\nPrices for non-landed private residential properties in Q4 2019 were different for each region in Singapore; prices in the Core Central Region (CCR) dropped 3.7%, compared to a 2% growth in the previous quarter.
\nFor the Rest of Central Region (RCR), prices dropped 1.4%, after posting a 1.3% growth in the previous quarter. Meanwhile, prices in Outside Central Region (OCR) grew 2.9%, as compared to a 0.8% increase in the previous quarter.
\nOverall in 2019, prices in OCR and RCR grew 4.3% and 2.7% respectively while those in CCR dropped by 2.6%.
\nRELATED ARTICLE:\u00a0Presenting The Singapore Property Market Outlook 2020
\n\u201cPast data have shown that the difference between the quarterly price changes indicated by the flash estimate and the actual price changes could be significant when the change is small. The public is advised to interpret the flash estimates with caution,\u201d said URA.
\nLooking for a property in Singapore? Visit\u00a0PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\n\u00a0
\nVictor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0victorkang@propertyguru.com.sg
\n\u00a0
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Private home prices up 0.3% in Q4 2019 and 2.5% overall in 2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In Q3\u00a02019, the overall price index for private homes rose by 1.3%. Singapore\u2019s private home...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-113350","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-tue","jetpack-related-posts":[{"id":113825,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-up-2-7-in-2019\/","url_meta":{"origin":113350,"position":0},"title":"Private home prices up 2.7% in 2019","date":"January 23, 2020","format":false,"excerpt":"\r On a quarterly basis, private home prices climbed 0.5% in the fourth quarter of 2019, continuing the 1.3% increase seen in the previous quarter. The private homes prices in Singapore rose 2.7% in 2019, down from the 7.9% hike previously registered in 2018, according to the latest private home\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39464,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-fell-3-in-2016\/","url_meta":{"origin":113350,"position":1},"title":"Private home prices fell 3% in 2016","date":"January 3, 2017","format":false,"excerpt":"\r Singapore home prices continue to drop. Private home prices across Singapore fell by three percent in 2016, slightly lower than the 3.7 percent decline in 2015, according to flash estimates of the Urban Redevelopment Authority\u2019s (URA) price index. Prices in the fourth quarter dropped by 0.4 percent, compared with\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2017\/01\/Property-Price-Index-for-Q3-and-Q4-2016-1024x525.jpg?fit=1024%2C525&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":106584,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-hdb-resale-prices-down-in-q1-2019\/","url_meta":{"origin":113350,"position":2},"title":"Private Home Prices, HDB Resale Prices Down In Q1 2019","date":"April 26, 2019","format":false,"excerpt":"\r Private home prices in Singapore fell 0.7 percent in the first quarter of 2019, notably larger than the\u00a00.1 percent decrease registered during the previous quarter, showed the Urban Redevelopment Authority (URA) data on Friday (26 April). It is also a notch higher than the 0.6 percent drop estimated by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53197,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-down-for-14th-consecutive-quarter\/","url_meta":{"origin":113350,"position":3},"title":"Private home prices down for 14th consecutive quarter","date":"April 28, 2017","format":false,"excerpt":"\r Prices of landed properties registered the largest decline of 1.8 percent in Q1 2017.\u00a0 Prices of private residential properties fell 0.4 percent in Q1 2017, following a 0.5 percent drop in the previous quarter, according to data released on Friday (28 April) by the Urban Redevelopment Authority. This is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117942,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-private-home-prices-up-0-3-in-q2-2020\/","url_meta":{"origin":113350,"position":4},"title":"Singapore private home prices up 0.3% in Q2 2020","date":"July 24, 2020","format":false,"excerpt":"\r Private home prices in Singapore rebounded 0.3% quarter-on-quarter in the second quarter of 2020.\u00a0 Private home prices in Singapore rebounded 0.3% quarter-on-quarter in the second quarter of 2020, following a 1% decline in the previous quarter, revealed the latest report from the Urban Redevelopment Authority (URA). The report noted\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118076,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-prices-to-remain-soft-in-the-coming-months-orangetee\/","url_meta":{"origin":113350,"position":5},"title":"Property prices to remain soft in the coming months, OrangeTee","date":"August 4, 2020","format":false,"excerpt":"\r Property prices are expected to remain soft in the coming months due to escalating tensions and growing economic uncertainties. The future of Singapore\u2019s property market remains uncertain and a full recovery may take a while, given the evolving COVID-19 pandemic and the impending macroeconomic crisis, according to OrangeTee &\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113350"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=113350"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113350\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=113350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=113350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=113350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}