24 Dec '17, 12pm

Looking to Buy or Sell Property? You need CMA, Why? It helps you to avoid mistakes, save…

About the Singapore Real Estate Exchange Property Index (SPI) On the Friday of the first full work week for each month, SRX releases the Singapore Real Estate Exchange Property Index (SPI) as a public service to the community. SPI differs from other Singapore indices in four distinct ways: SPI is the first index to calculate price changes that take into account unique Singaporean factors such as the property's distance to a top primary school or an MRT station. The index, of course, controls for standard index factors like location, age of property, size, floor levels and land tenure. SPI uses a Hedonic Regression methodology modeled on proven real estate economics and consumer price indices worldwide. SPI employs unique data available only to SRX. As a result, for private sale transactions, the indices include both public caveated transactions and non-caveated transaction...

Full article: https://www.srx.com.sg/price-index#

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