If you have a good memory, you may still recall that I have written to The Straits Times Forum in December last year on “Public deserves reliable, consistent data”. In URA’s reply, they mentioned about working towards making improvements to the property market data and will release the nett prices of individual units sold by developers on their website in the first half of 2015. On April Fool’s Day, URA finally announced that they have improved the computation methodology of their PPI (Property Price Index) to better reflect price changes in private residential market. This is first reflected in the release of the flash estimate for 1st Quarter 2015. The announcement is also reported in TODAY’s article “Analysts welcome URA’s new method to track private property prices” published on April 2. Six changes in the new PPI According to URA’s press release on 1 April ......