Resale prices slip in September: SRPI

By The Folks @PropTalk - October 28, 2014 No Comments

Resale prices of private homes slid in September according to Singapore Residential Price Index (SRPI) estimates, which were released on Tuesday (Oct 28).

The SRPI, compiled by the National University of Singapore's Institute of Real Estate Studies, showed overall prices fell 0.7% in September from the previous month. In August, prices rose 0.2% from a month earlier.

Prices of homes in the central region, excluding small units, led the decline with a 0.9% fall. Homes in the non-central region, excluding small units, fell 0.6% in September from August.

Prices of small units, which have a floor area of 506sqf or below, bucked the trend, rising marginally by 0.4% on-month.
Source: CNA

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