{"id":42519,"date":"2017-02-01T09:30:30","date_gmt":"2017-02-01T02:30:30","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/resale-private-home-prices-unchanged-in-december\/"},"modified":"2017-02-01T12:00:33","modified_gmt":"2017-02-01T05:00:33","slug":"resale-private-home-prices-unchanged-in-december","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/resale-private-home-prices-unchanged-in-december\/","title":{"rendered":"Resale private home prices unchanged in December"},"content":{"rendered":"


\nPrices of completed private homes across Singapore stayed flat in December.\u00a0
\nIsland-wide prices of completed private homes stayed flat in December 2016 on a monthly basis, compared to a 0.8 percent drop in November, flash estimates of the NUS Singapore Residential Price Index (SRPI) showed.
\nExcluding small units, prices of non-landed units in the central region decreased by 0.6 percent, following a 0.9 percent decline in the preceding month. On the other hand, prices in the non-central region rose by 0.4 percent, a reversal of the 0.7 percent fall previously, based on data as of 27 January.
\nThe central region sub-basket consists of properties located in districts 1 to 4 and 9 to 11, while units in the other districts fall under the non-central region sub-basket.
\nMeanwhile, small units measuring 506 sq ft or below suffered a marginal price drop of 0.1 percent last December, versus the 0.5 percent slide in November.
\nOng Kah Seng, Director at R\u2019ST Research, told the Straits Times that the generally weaker resale prices in December was due to the holiday lull and buyers anticipating lower prices for upcoming developments to be launched this year.
\nAnother factor for the small changes in prices of private homes built in 2016, he added, is that many units completed over the past few years consisted of shoebox flats, which have higher psf prices despite their small size.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Resale private home prices unchanged in December<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Prices of completed private homes across Singapore stayed flat in December.\u00a0 Island-wide prices of completed...<\/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-42519","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-b3N","jetpack-related-posts":[{"id":78419,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/resale-condo-prices-up-0-6-in-december\/","url_meta":{"origin":42519,"position":0},"title":"Resale condo prices up 0.6% in December","date":"January 30, 2018","format":false,"excerpt":"\r Prices of completed non-landed private homes in Singapore continued to rise in December at 0.6 percent, following a revised 1.6 percent hike during the previous month, revealed flash estimates of the NUS Singapore Residential Price Index (SRPI). Excluding small units, home prices in the central region rose 0.5 percent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108588,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/resale-condo-prices-up-0-2-in-may\/","url_meta":{"origin":42519,"position":1},"title":"Resale condo prices up 0.2% in May","date":"July 1, 2019","format":false,"excerpt":"\r Prices of completed non-landed private homes in Singapore continued to rise in May at 0.2 percent, following a revised 0.3 percent hike during the previous month, revealed flash estimates of the NUS Singapore Residential Price Index (SRPI). 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Excluding small units, prices of private non-landed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64826,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/completed-condo-prices-up-0-5-in-july-nus-index\/","url_meta":{"origin":42519,"position":3},"title":"Completed condo prices up 0.5% in July, NUS index","date":"August 29, 2017","format":false,"excerpt":"\r \u00a0 Prices of completed condominiums and apartments in Singapore continued to grow in July at 0.5 percent, according to latest flash estimates of the NUS Singapore Residential Price Index (SRPI). However, the uptick is a bit slower compared to the 0.9 percent increase registered in June. SEE ALSO:\u00a0Get the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46006,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/resale-condo-prices-flat-in-january\/","url_meta":{"origin":42519,"position":4},"title":"Resale condo prices flat in January","date":"March 1, 2017","format":false,"excerpt":"\r Non-landed residential prices seem to have bottomed out. Prices of resale non-landed residential properties in Singapore remained flat in January from the previous month, revealed latest flash estimates from the NUS Singapore Residential Price Index (SRPI). Excluding small units, private home prices in the central region rose by 0.7\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24362,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/resale-condo-prices-in-central-region-up-the-most-in-july\/","url_meta":{"origin":42519,"position":5},"title":"Resale condo prices in central region up the most in July","date":"August 30, 2016","format":false,"excerpt":"\r Prices of completed apartments in the central region, which includes Orchard Road, have been rising in recent months. Prices of completed non-landed private homes across Singapore inched up by 0.2 percent in July compared to a 0.7 percent rise in the previous month, flash estimates of the NUS Singapore\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\/42519"}],"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=42519"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/42519\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=42519"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=42519"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=42519"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}