Prices of completed non-landed private homes in Singapore continued to rise in December at 0.6 percent, following a revised 1.6 percent hike during the previous month, revealed flash estimates of the NUS Singapore Residential Price Index (SRPI).
Excluding small units, home prices in the central region rose 0.5 percent in December, down from the 1.8 percent increase registered in November.
Prices in the non-central region climbed 0.7 percent, also lower compared to the 1.4 percent growth seen during the previous month.
Meanwhile, prices of small units measuring 506 sq ft or below held flat in December, after it rose 1.1 percent in November.
The central region sub-basket comprises properties found in postal districts 1 to 4 as well as 9 to 11. Properties located in the other postal districts fall under the non-central region sub-basket.
This article was edited by Keshia Faculin.