Singapore's private home prices up 3.9% in Q1

By: Singapore Business | Posted on: July 03, 2018

Singapore's private home prices up 3.9% in Q1

Chart of the Day: Singapore's private home prices up 3.9% in Q1

The prices of private condos led the growth at 4.4%. 



This chart from the Urban Redevelopment Authority (URA) shows that the prices of private residential properties islandwide increased by 3.9% in the first quarter of 2018, compared with the 0.8% increase in the previous quarter.



The prices of landed homes rose by 1.9%, compared with the 0.5% increase in the previous quarter. The prices of private condominiums rose by 4.4%, compared with the 0.8% increase last quarter.



URA added that the prices of private condos in Core Central Region (CCR) increased by 5.5%, significantly higher than the 1.4% increase in the previous quarter.



The prices in Rest of Central Region (RCR) grew by 1.2%, compared with the 0.4% increase in the previous quarter.



The prices of private condos in Outside Central Region (OCR) also grew by 5.6%, compared with the 0.8% increase last quarter.



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https://sbr.com.sg/residential-property/news/chart-day-singapores-private-home-prices-39-in-q1


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