{"id":39464,"date":"2017-01-03T11:39:08","date_gmt":"2017-01-03T04:39:08","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-fell-3-in-2016\/"},"modified":"2017-01-03T11:49:29","modified_gmt":"2017-01-03T04:49:29","slug":"private-home-prices-fell-3-in-2016","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-fell-3-in-2016\/","title":{"rendered":"Private home prices fell 3% in 2016"},"content":{"rendered":"


\nSingapore home prices continue to drop.
\nPrivate 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.
\nPrices in the fourth quarter dropped by 0.4 percent, compared with the 1.5 percent decline in the previous quarter.
\nIn Q4, prices of non-landed private units in the Core Central Region (CCR) remained unchanged, compared to the 1.9 percent decline in the previous three-month period. Prices in the Rest of Central Region (RCR) fell by two percent, after registering a one percent decline in the quarter before. Over in the Outside Central Region (OCR), prices dropped by 0.3 percent, after registering a one percent decline previously.
\nFor the entire year, prices in the CCR, RCR and OCR declined by 1.3 percent, 2.8 percent and 3.1 percent respectively.
\nMeanwhile, prices of landed properties increased by 0.9 percent in Q4, compared to the 2.7 percent drop in Q3. For the whole of 2016, prices of landed properties fell by 4.4 percent.
\nThe flash estimates are compiled based on transaction prices given in contracts submitted for stamp duty payment, and data on units sold by developers (licensed and de-licensed) up till mid-December. The full statistics will be released by the URA on 26 January.
\nSource: Urban Redevelopment Authority
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Private home prices fell 3% in 2016<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Singapore home prices continue to drop. Private home prices across Singapore fell by three percent...<\/p>\n","protected":false},"author":1,"featured_media":39465,"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-39464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"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","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-agw","jetpack-related-posts":[{"id":31967,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-see-biggest-fall-since-2009\/","url_meta":{"origin":39464,"position":0},"title":"Private home prices see biggest fall since 2009","date":"October 28, 2016","format":false,"excerpt":"\r Private residential property prices drop more than expected. Prices of private homes in Singapore fell 1.5 percent in the third quarter of 2016 after declining 0.4 percent in the previous quarter, marking the largest quarterly fall in prices since Q2 2009, according to latest data from the Urban Redevelopment\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":31969,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-see-biggest-quarterly-fall-since-2009\/","url_meta":{"origin":39464,"position":1},"title":"Private home prices see biggest quarterly fall since 2009","date":"October 28, 2016","format":false,"excerpt":"\r Private residential property prices drop more than expected. Prices of private homes in Singapore fell 1.5 percent in the third quarter of 2016 after declining 0.4 percent in the previous quarter, marking the largest quarterly fall in prices since Q2 2009, according to latest data from the Urban Redevelopment\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":39464,"position":2},"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":28301,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-down-1-5-in-q3\/","url_meta":{"origin":39464,"position":3},"title":"Private home prices down 1.5% in Q3","date":"October 3, 2016","format":false,"excerpt":"\r Prices of private housing units in Singapore are still falling.\u00a0 The 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). This\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":75567,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-up-1-in-2017-ura-data\/","url_meta":{"origin":39464,"position":4},"title":"Private home prices up 1% in 2017: URA data","date":"January 2, 2018","format":false,"excerpt":"\r The price increase signals positive market sentiment for private housing.\u00a0 Private home prices continued to rise in the last quarter of 2017 by 0.7 percent, revealed latest flash estimates of the Urban Redevelopment Authority\u2019s (URA) price index. \u00a0 This is the same price increase as seen in the third\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113350,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-up-0-3-in-q4-2019-and-2-5-overall-in-2019\/","url_meta":{"origin":39464,"position":5},"title":"Private home prices up 0.3% in Q4 2019 and 2.5% overall in 2019","date":"January 2, 2020","format":false,"excerpt":"\r In Q3\u00a02019, the overall price index for private homes rose by 1.3%. Singapore\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. Overall in 2019, the same estimate\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\/39464"}],"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=39464"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/39464\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/39465"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=39464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=39464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=39464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}