{"id":84354,"date":"2018-04-02T09:20:56","date_gmt":"2018-04-02T02:20:56","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-up-3-1-in-q1-says-ura\/"},"modified":"2018-04-02T10:02:53","modified_gmt":"2018-04-02T03:02:53","slug":"private-home-prices-up-3-1-in-q1-says-ura","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-up-3-1-in-q1-says-ura\/","title":{"rendered":"Private home prices up 3.1% in Q1, says URA"},"content":{"rendered":"


\nPrivate home prices in Singapore continue to rise.
\nPrivate home prices rose by 3.1 percent during the first quarter of 2018, up from the 0.8 percent increase seen in the previous quarter, according to flash estimates released by the Urban Redevelopment Authority (URA) on Monday (2 Apr).
\nPrices of non-landed private homes in the Core Central Region saw the biggest jump of 5.0 percent, following a 1.4 percent hike seen during the previous quarter.
\nMore: Strongest first quarter on record for Singapore investment sales
\nPrices in the Rest of Central Region climbed by 1.1 percent, compared to the previous 0.4 percent increase. Over in the Outside Central Region, prices rose by 3.8 percent, after increasing by 0.8 percent previously.
\nURA noted that the flash estimates are compiled based on \u201ctransaction prices given in contracts submitted for stamp duty payment and data on units sold by developers up till mid-March\u201d.
\nThe full statistics for Q1 will be released on 27 April.
\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 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 up 3.1% in Q1, says URA<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Private home prices in Singapore continue to rise. Private home prices rose by 3.1 percent...<\/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-84354","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-lWy","jetpack-related-posts":[{"id":75567,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-up-1-in-2017-ura-data\/","url_meta":{"origin":84354,"position":0},"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":98876,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-rise-at-slower-pace\/","url_meta":{"origin":84354,"position":1},"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. 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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. 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