{"id":28301,"date":"2016-10-03T09:14:42","date_gmt":"2016-10-03T02:14:42","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-down-1-5-in-q3\/"},"modified":"2016-10-03T09:19:03","modified_gmt":"2016-10-03T02:19:03","slug":"private-home-prices-down-1-5-in-q3","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-down-1-5-in-q3\/","title":{"rendered":"Private home prices down 1.5% in Q3"},"content":{"rendered":"


\nPrices of private housing units in Singapore are still falling.\u00a0
\nThe private residential property price index fell 2.1 points to 137.9 in the third quarter of 2016 from 140.0 points in the previous quarter, according to the Urban Redevelopment Authority\u2019s (URA) flash estimates released on Monday (3 October).
\nThis represents a decline of 1.5 percent, compared to the 0.4 percent drop seen in the previous three-month period.
\nSpecifically, non-landed private home prices in the Core Central Region (CCR) fell 1.8 percent, compared to the 0.3 percent increase registered in Q2.
\nThe Rest of Central Region (RCR) saw prices drop 1.3 percent, after witnessing an increase of 0.2 percent during the previous quarter.
\nPrices in the Outside Central Region (OCR) also fell 1.2 percent, following a 0.5 percent decline in Q2.
\nThe flash estimates are compiled based on transaction prices provided in contracts submitted for stamp duty payment as well as data on units sold by developers up till mid-September.
\nThe URA will update the statistics in four weeks\u2019 time when it releases the full statistics for Q3, which captures more data.
\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,\u201d said the URA.
\nAs such, it advises the public to interpret the flash estimates with caution.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Private home prices down 1.5% in Q3<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Prices of private housing units in Singapore are still falling.\u00a0 The private residential property price...<\/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-28301","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\/p75ss1-7mt","jetpack-related-posts":[{"id":62064,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-fall-0-1-in-q2-smallest-decline-in-15-quarters\/","url_meta":{"origin":28301,"position":0},"title":"Private home prices fall 0.1% in Q2, smallest decline in 15 quarters","date":"July 28, 2017","format":false,"excerpt":"\r The private housing market seems to be turning a corner, data shows. Private home prices fell by a marginal 0.1 percent in the second quarter of 2017, compared with the 0.4 percent drop in the previous three-month period, according to latest statistics released by the Urban Redevelopment Authority on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117472,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-private-home-prices-drop-1-1-in-q2\/","url_meta":{"origin":28301,"position":1},"title":"Singapore private home prices drop 1.1% in Q2","date":"July 1, 2020","format":false,"excerpt":"\r Flash estimate\u00a0from the Urban Redevelopment Authority (URA) showed that the private residential property index fell 1.1% in Q2 2020.\u00a0 The COVID-19 pandemic has continued to affect the Singapore housing market as private home prices fell for a second consecutive quarter. Flash estimate from the Urban Redevelopment Authority (URA) showed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98876,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-rise-at-slower-pace\/","url_meta":{"origin":28301,"position":2},"title":"Private home prices rise at slower pace","date":"October 1, 2018","format":false,"excerpt":"\r Price growth in the private residential market slowed to 0.5% compared to the 3.4% increase in Q2 2018. While private home prices continued to increase in the third quarter of 2018, the hike in prices was slower at 0.5 percent compared to the 3.4 percent increase seen in the\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":28301,"position":3},"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":108616,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-unexpectedly-climbed-1-3-in-q2\/","url_meta":{"origin":28301,"position":4},"title":"Private home prices unexpectedly climbed 1.3% in Q2","date":"July 2, 2019","format":false,"excerpt":"\r After two consecutive quarters of contraction, private home prices in Singapore unexpectedly increased in the second quarter of 2019.\u00a0The private residential property price index rose 1.3 percent in Q2,\u00a0flash estimates from the Urban Redevelopment Authority (URA) showed. This is compared to the 0.7 percent drop that was registered in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59612,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/smallest-decline-in-private-property-prices-in-15-quarters\/","url_meta":{"origin":28301,"position":5},"title":"Smallest decline in private property prices in 15 quarters","date":"July 3, 2017","format":false,"excerpt":"\r \u00a0 Continuing its decline for the 15th quarter since 2013, the Urban Redevelopment Authority\u2019s (URA) overall private residential property index fell 0.4 points from 136.7 points in Q1 of 2017 to 136.3 points in Q2 of the same year, its smallest decline since the introduction of cooling measures at\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2017\/07\/URA-Flash-Estimates_Chart-1.jpg?fit=883%2C485&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/28301"}],"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=28301"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/28301\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=28301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=28301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=28301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}