Towards Financial Freedom
URA's private home price index rose in 2Q13
URA's private home price index rose in 2Q13. The Urban Redevelopment Authority (URA) released a second quarter flash, showing a 0.8% q-o-q increase in its benchmark private home price index which is supported by a 3% climb in prices of non-landed homes in suburban areas. This compares with respective increases of 0.6% and 1.4% in Q1. According to CBRE's analysis of caveats lodged for developers' sales of non-landed homes in Outside Central Region (OCR), the median price rose from SGD1,083psf in Q1 to SGD1,185psf. Despite the hike in psf prices, the quantum per unit eased from SGD940,000 to SGD924,000, showing that absolute prices have remained affordable - due to a reduction in the median unit size from 88 sq m (947 sq ft) to 72 sq m (775 sq ft). The URA's non landed private home price index in Core Central Region dipped 0.2% q-o-q in Q2 while that in the Central Region rose 0.2%. The Q2 overall private home price index was up 3.9% y-o-y. (Business Times)
More articles on Towards Financial Freedom
Duty Free International Ltd. - A duty-free giant in the making
Created by kiasutrader | Oct 17, 2016
Cityneon Holdings - 'Avengers' showcasing in the Land Down Under
Created by kiasutrader | Jun 07, 2016
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
New Update. Discover investment communities that resonate with your ideas
Trade Confidently & Analyze Charts Conveniently - Download VCPlus IOS & Android App Now!
Latest Videos
Apps
Top Articles
1
RHB Investment Research Reports
ST Engineering - Rolling Forward Our Valuation; Reiterate BUY
2
SGX Market Dialogues
Kopi-C With GuocoLand’s Group CEO: ‘We Have Twin Engines for Growth’
3
CEO Morning Brief
Singapore Home Sales Set for Worst Year Since Financial Crisis
4
CEO Morning Brief
DBS Posts 300% Growth in Semi-liquid Fund Sales in Greater China
5
CEO Morning Brief
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
