Completed condo prices dip 0.6% in April: NUS index

Romesh Navaratnarajah30 May 2017

Singapore Condominium

View of high-rise apartments in Singapore.

Prices of completed private non-landed residential properties fell 0.6 percent in April 2017, compared to a 0.8 percent rise in the month before, according to latest flash estimates of the NUS Singapore Residential Price Index (SRPI).

Excluding small units, prices of private non-landed homes in the central and non-central regions dropped 0.5 percent and 0.7 percent last month, after rising 0.8 percent and 0.7 percent respectively in March.

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

Meanwhile, prices of small units with a floor area of 506 sq ft or below grew 0.7 percent in April, after rising 1.3 percent previously.


Romesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories, email


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