{"id":62064,"date":"2017-07-28T11:02:29","date_gmt":"2017-07-28T04:02:29","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-fall-0-1-in-q2-smallest-decline-in-15-quarters\/"},"modified":"2017-07-28T11:11:03","modified_gmt":"2017-07-28T04:11:03","slug":"private-home-prices-fall-0-1-in-q2-smallest-decline-in-15-quarters","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-fall-0-1-in-q2-smallest-decline-in-15-quarters\/","title":{"rendered":"Private home prices fall 0.1% in Q2, smallest decline in 15 quarters"},"content":{"rendered":"


\nThe private housing market seems to be turning a corner, data shows.
\nPrivate 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 Friday (28 July).
\nThis is the smallest decline seen in 15 quarters, and indicates that the market is near its turning point.
\nPrices of non-landed properties across the island fell 0.1 percent, after remaining unchanged in the previous quarter.
\nIn the Core Central Region, prices of non-landed properties dropped 0.5 percent, compared with the 0.4 percent decrease in the previous quarter. Over in the Rest of Central Region, prices increased 0.6 percent, compared with the 0.3 percent hike in the previous quarter. Prices of non-landed properties in the Outside Central Region decreased 0.3 percent, compared with an increase of 0.1 percent in the previous quarter.
\nPrices of landed properties declined 0.3 percent, compared with the 1.8 percent decrease in the previous quarter.
\nMeanwhile, rentals of private units fell 0.2 percent, compared with the 0.9 percent decline in the previous quarter.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, wrote 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 fall 0.1% in Q2, smallest decline in 15 quarters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The private housing market seems to be turning a corner, data shows. Private home prices...<\/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-62064","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-g92","jetpack-related-posts":[{"id":20868,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-rents-down-at-slower-pace\/","url_meta":{"origin":62064,"position":0},"title":"Private home prices, rents down at slower pace","date":"July 22, 2016","format":false,"excerpt":"\r View of private apartments in Singapore. Prices and rents of private residential properties continued to fall in the second quarter of 2016, but at a slower pace, according to more complete data released by the Urban Redevelopment Authority (URA) on Friday, 22 July. Private home prices dipped by 0.4\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/07\/Property-Price-Index-of-private-residential-properties-Q2-2016.jpg?fit=607%2C335&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":59612,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/smallest-decline-in-private-property-prices-in-15-quarters\/","url_meta":{"origin":62064,"position":1},"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":[]},{"id":53197,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-down-for-14th-consecutive-quarter\/","url_meta":{"origin":62064,"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":70388,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/spore-sees-first-home-price-hike-in-4-years\/","url_meta":{"origin":62064,"position":3},"title":"S\u2019pore sees first home price hike in 4 years","date":"October 30, 2017","format":false,"excerpt":"\r Overall prices of private homes in Singapore rose for the first time in nearly four years after it edged up by 0.7 percent in Q3 2017 compared with the 0.1 percent dip in the prior quarter, according to the latest statistics from the Urban Redevelopment Authority (URA). In particular,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67950,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-rebound-marginally-in-q3-ura\/","url_meta":{"origin":62064,"position":4},"title":"Private home prices rebound marginally in Q3: URA","date":"October 2, 2017","format":false,"excerpt":"\r Private home prices across Singapore rose by 0.5 percent quarter-on-quarter in Q3 2017, reversing the 0.1 percent dip in the previous three-month period, according to flash estimates published by the Urban Redevelopment Authority (URA) today. In the landed property segment, prices increased by one percent compared to the 0.3\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":62064,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/62064"}],"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=62064"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/62064\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=62064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=62064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=62064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}