Rentals of non-landed properties in CCR decreased by 0.6%, compared with the 0.9% decrease in the previous quarter. For the whole of 2018, rentals of landed and non-landed properties increased by 2.0% and 0.4% respectively. Rentals of non-landed properties decreased by 0.8%, compared with the 0.3% increase in the previous quarter. Rentals of landed properties decreased by 2.1% in 4th Quarter 2018, compared with the 0.5% increase in the previous quarter. Rental Index of private residential properties For the whole of 2018, rentals of private residential properties increased by 0.6%, compared with the decline of 1.9% in 2017. Rentals of private residential properties decreased by 1.0% in 4th Quarter 2018, compared with the 0.3% increase in the previous quarter. For the whole of 2018, prices of non-landed properties in CCR, RCR and OCR increased by 6.7%, 7.4% and 9.4% respectively (see Annex A-1a, Annex A-1b, Annex A-2 & Annex A-6 2). Prices of non-landed properties in Outside Central Region (OCR) increased by 0.7%, compared with the 0.1% decrease in the previous quarter. Prices of non-landed properties in Rest of Central Region (RCR) increased by 1.8%, compared with the 1.3% decrease in the previous quarter. Prices of non-landed properties in Core Central Region (CCR) decreased by 1.0% in 4th Quarter 2018, compared with the 1.3% increase in the previous quarter. For the whole of 2018, prices of landed properties rose by 6.3% while those of non-landed properties rose by 8.3%. Prices of non-landed properties increased by 0.5% in 4th Quarter 2018, after remaining unchanged in the previous quarter. Prices of landed properties declined by 2.0% in 4th Quarter 2018, compared with the 2.3% increase in the previous quarter. Property Price Index of private residential properties For the whole of 2018, prices of private residential properties increased by 7.9%, compared with the 1.1% increase in 2017. Prices of private residential properties decreased by 0.1% in 4th Quarter 2018, compared with the 0.5% increase in the previous quarter. * Figures exclude Executive Condominium (ECs) The Urban Redevelopment Authority (URA) released today the real estate statistics for 4th Quarter 2018 1.
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