Private resale home prices up 0.1% in August: SRPI

Prices of private resale homes rose just 0.1 per cent in August from July — this is according to the latest Singapore Residential Price Index (SRPI), which tracks prices of completed private apartments and condominiums.

The SRPI data is published by the Institute of Real Estate Studies at National University of Singapore (NUS).

Resale prices of private homes in the central area saw the biggest decline, down 1.1 per cent last month.

However, prices of units in the non-central region went up by 1.0 per cent. The index covering small units of 506 square feet and below also increased 1.0 per cent.

Source : Channel NewsAsia – 30 Sep 2013

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