Resale condo prices up 0.1% in September

Keshia FaculinOctober 31, 2017

property market singapore

Prices of completed non-landed private homes rose slightly by 0.1 percent in September, following a revised 0.9 percent hike during the previous month, according to latest flash estimates of the NUS Singapore Residential Price Index (SRPI).

Excluding small units, prices in the central region climbed by 0.4 percent in September, after posting a one percent increase in August.

In the non-central region, prices fell 0.2 percent, a reversal from the previous month’s 0.8 percent increase.

Meanwhile, small units measuring 506 sq ft or below registered the biggest growth in prices at 0.9 percent, up from the 0.4 percent hike registered in August.

The central region sub-basket comprises properties located in districts 1 to 4 and 9 to 11, while properties found in other districts fall under the non-central region sub-basket.

 

This article was edited by Keshia Faculin.

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