Resale condo prices up slightly last month

Romesh Navaratnarajah29 Oct 2015

Condo prices

Prices of completed non-landed private homes in Singapore inched up 0.1 percent in September 2015 following a 0.7 percent drop in the previous month, revealed flash estimates of the NUS Singapore Residential Price Index (SRPI).

Prices of small units measuring 506 sq ft and below rose 0.4 percent in September, while condominium prices in the non-central region, excluding small units, climbed 0.3 percent.

However, prices of condo units in the central region slipped 0.4 percent last month.

The central region sub-basket comprises properties located in districts 1 to 4 and 9 to 11. Properties located in other districts fall within the non-central region sub-basket.

 

Singapore condo resale prices

Source: NUS Institute of Real Estate Studies.

 

Romesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories email romesh@propertyguru.com.sg

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