Non-landed residential prices seem to have bottomed out.
Prices of resale non-landed residential properties in Singapore remained flat in January from the previous month, revealed latest flash estimates from the NUS Singapore Residential Price Index (SRPI).
Excluding small units, private home prices in the central region rose by 0.7 percent in the month, after dropping by 0.3 percent in December.
In the non-central region, prices dipped by 0.6 percent, compared with the 0.5 percent increase posted during the previous month.
For small units with a floor area of 506 sq ft or below, prices grew by just 0.1 percent in January.
The central region sub-basket comprises properties located in districts 1 to 4 and 9 to 11, while properties in the other districts fall within the non-central region.
Romesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
