Resale Condo Prices Down 0.5% In February, NUS Index
March 29, 2019
Resale HDB flats
Resale prices of non-landed private homes in
fell by 0.5 percent in February, continuing the revised 0.2 percent decline
registered in January, revealed latest flash estimates of the NUS Singapore
Residential Price Index (SRPI). Singapore
Excluding small units, prices declined by 1.5 percent in the central region, which is steeper compared to the 0.4 percent drop seen in January.
Prices in the non-central region, however, rose 0.2 percent, reversing the 0.1 percent fall in January.
The central region sub-basket includes properties located in districts 1 to 4 and 9 to 11, while properties found in other districts fall under the non-central region sub-basket.
Meanwhile, small units measuring 506 sq ft and below saw prices slip 0.2 percent, an improvement from the 0.7 percent drop recorded in January.
Info courtesy – Propertyguru