URA private home price index up 2.7% in Q4, 17.6% full year

January 28, 2011, 12.41 pm (Singapore time)

URA private home price index up 2.7% in Q4, 17.6% full year

By KALPANA RASHIWALA

The Urban Redevelopment Authority's overall price index for private homes rose 2.7 per cent in the fourth quarter of 2010 over the preceding quarter. Full year 2010, the index was up 17.6 per cent compared with 2009.

URA's sub-index for the price of landed homes increased by 5.5 per cent quarter on quarter in Q4 2010 and by 30.8 per cent for the whole of last year. Its sub-index for non-landed private homes was up 1.8 per cent quarter on quarter in Q4 last year and 14 per cent for the full year.


Source; www.businesstimes.com.sg