29 Jan '15, 4am

#singapore #property Private home prices down 1.2%: SRPI: Prices of private residential...

Comment E-mail to friend Bookmark & Share Prices of private residential properties fell marginally in December on a monthly basis, according to the index compiled by the Institute of Real Estate Studies at the National University of Singapore (NUS). Based on flash estimates for the Singapore Residential Price Index (SRPI), prices across the city-state receded by 1.2 percent last month, higher than the 0.4 percent drop registered in November. Specifically, the Central Region suffered the largest decline of 1.7 percent, eclipsing the 0.5 percent fall in the preceding month, while that in the Non-Central Region decreased by 0.8 percent in December from a previous dip of 0.2 percent. The Central Region comprises Postal Districts 1 to 4 and 9 to 11, while the Non-Central Region covers other postal districts. The statistics for both regions exclude small units. As for small unit...

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

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