28 Apr '14, 10am

Resale private home prices down again

Prices of non-landed private resale homes continued to fall across all regions of Singapore in the month of March, according to latest flash estimates of the NUS Singapore Residential Price Index (SRPI). Overall prices decreased by 1.1 percent month-on-month, more than the 0.9 percent decline in the January to February period. Excluding small units, the central region posted the biggest drop of 1.3 percent from the previous fall of 0.2 percent. Non-central region prices (properties outside districts 1 through 4 and 9 to 11) dipped by 1.0 percent after sliding 1.5 percent in the month before. As for small units, prices fell by 0.4 percent from the 0.7 percent decline seen previously.

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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