I have included some very useful links below.. One of them bears special attention.. "How to find the Median, Lowest and Highest Price of a Private Residential Property? This actually links to the URA web-site.
In it, you get to see a maze of a whole lot of other things as well... On the left sits one tiny section on the Property Market. Look for Real Estate Information. Under this, you have:
Property Market Updates, Private Residential Property Transactions with Caveats lodged, Rentals of Private Residential Developments and as well as details about the Private Residential Projects in the Pipeline.
And there are some terms you need to know in there:
a) Price Index of Private Homes
This shows the overall price movements of all types of Private Homes. En-bloc Sales are not included. This is based on the caveats that has been lodged and captures the purchase price not counting stamp duties and commissions.
b) Price Index of Non-landed Homes by regions and Completion Status
This shows the price movements of homes in different areas. The Core Central Region includes District 9, 10, 11, Downtown Core and Sentosa. The Central Region comprises of 22 areas including Orchard, Newton, River Valley, Bishan, Bukit Timah and Toa Payoh.
c) Residential Rental Index
This shows the Rental Price Movements. Data is collected per quarter. Currently, all indexes for Detached, Semi-Detached, Terrace and the Non-Landed Properties show an above 100 index.
d) Number of Sub-Sales Done
Sub-Sales is a gauge for speculative activity.
In 1996, Sub-Sales formed 28% of all private home deals. That prompted The Government to come in with anti-speculative measures.
Currently, Sub-Sales are 9.7%
In the Previous Quarter: Subsales are 7.4%
Meantime..have fun!
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