Results 1 to 4 of 4

Thread: Private property prices rose less in Q12013: URA

  1. #1
    Join Date
    May 2008
    Posts
    9,279

    Default Private property prices rose less in Q12013: URA

    The overall private residential property index rose 1.1 points from 212.0 points in Q42012 to 213.1 points in Q12013, the URA said Monday in releasing the flash estimate of the price index for private residential property for the first quarter of 2013.

    The growth in the index moderated to 0.5 per cent, compared to the 1.8 per cent increase in the previous quarter.

    Price increase of non-landed private residential properties slowed to 0.4 per cent in Core Central Region in Q12013, compared to the 0.7 per cent rise in the previous quarter.

    There was no price growth in Rest of Central Region, compared to the 0.9 per cent increase in the previous quarter. For Outside Central Region, prices increased by 1.7 per cent Q12013, which was less than half the increase of 3.8 per cent in the previous quarter.

    The flash estimates are compiled based on transaction prices given in caveats lodged during the first ten weeks of the quarter supplemented by information on new units sold by developers in the first two months of the quarter. The statistics will be updated four weeks later when URA releases the full first quarter 2013 real estate statistics.

  2. #2
    Join Date
    Jun 2011
    Posts
    519

    Default

    Good news for govt and owners. Win win.
    Price growth is moderating, so no more CMs for now.

  3. #3
    Join Date
    Oct 2010
    Posts
    1,420

    Default

    Same thing happened last year. Price growth slowed or even dipped immediately after the CM. After 1 quarter, price continued to go up... Will this happen again?

    Too much cheap money in the market still

  4. #4
    Join Date
    Jul 2009
    Posts
    7,482

    Default

    Go up slowly is good. Then can go up longer.

Similar Threads

  1. New private home sales rose in 2016 as prices fell
    By reporter2 in forum Singapore Private Condominium Property Discussion and News
    Replies: 0
    -: 19-01-17, 18:18
  2. Resale prices of condos rose 0.4% m-o-m in Dec: SRX
    By reporter2 in forum Singapore Private Condominium Property Discussion and News
    Replies: 2
    -: 11-01-17, 21:27
  3. Office prices rose 1.6 per cent, rentals up 2.6 per cent, vacancy down in Q3: URA
    By reporter2 in forum HDB, EC, commercial and industrial property discussion
    Replies: 0
    -: 24-10-14, 12:22
  4. California home prices rose more than 20 percent in December
    By sgbuyer in forum HDB, EC, commercial and industrial property discussion
    Replies: 8
    -: 30-01-13, 14:02
  5. Singapore private property prices rose 17.6% in 2010
    By mr funny in forum Singapore Private Condominium Property Discussion and News
    Replies: 4
    -: 04-01-11, 12:55

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •