26 Apr '13, 5am

Private home prices up 0.6%: By Romesh Navaratnarajah:Private home price... property market

Private home prices increased 0.6 percent in the first quarter of 2013, down from the 1.8 percent growth seen previously, according to data released today by the Urban Redevelopment Authority (URA). Growth in non-landed home prices eased across all three market segments with the Rest of Central Region (RCR) posting the biggest decline as the rate of increase was only 0.2 percent compared to 0.9 percent in Q4 2012. Prices in the Core Central Region (CCR) were up 0.6 percent from 0.7 percent in the previous quarter, while the Outside Central Region (OCR) registered the largest hike of 1.4 percent compared to the previous 3.8 percent. Excluding executive condominiums (ECs), developers released 5,546 uncompleted private properties for sale last quarter compared to just 3,408 units in Q4 last year. Of this, they sold 5,412 units during the first quarter compared to the previous...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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Singapore Real Estate Statistics – 1st Quarter 2013 Prices of private residential properties increased by 0.6%...

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