Completed private home prices up 0.4% in February.
Prices of completed non-landed private homes rose by 0.4 percent in February 2016, according to latest flash estimates of the NUS Singapore Residential Price Index (SRPI).
This is slightly higher than the 0.2 percent increase seen in the month before, revised data showed.
Excluding small units, prices in the central region climbed by 0.5 percent last month, compared to the 0.6 percent drop in January. Prices in the non-central region moved up by 0.3 percent, after posting a 0.9 percent increase previously.
On the other hand, prices of small units measuring 506 sq ft or below fell by 1.1 percent in February, after registering a previous hike of 0.2 percent.
Source: NUS Institute of Real Estate Studies.
Romesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories email romesh@propertyguru.com.sg
