Private home prices up slightly in April: NUS Index

Private non-landed home prices in Singapore rose slightly in April, according to the NUS Singapore Residential Price Index.

The overall index increased 1.0 per cent from March to an overall index value of 162.4.

The index covers completed non-landed properties in the central and non-central regions.

The index for properties in the central area rose 0.8 per cent in April.

Non-central properties rose 1.1 per cent in April, moderating from the 2.1 per cent recorded in March, following steps taken by the government to cool speculation in the property market.

Source : Channel NewsAsia – 30 May 2011

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