Resale prices of private homes continued its slow growth last month, according to the Singapore Residential Price Index (SRPI) estimates, which were released on Monday (Nov 30).
The SRPI, compiled by the National University of Singapore’s Institute of Real Estate Studies, showed overall prices increased 0.1 per cent month-on-month in October, building on the 0.3 per cent growth in September.
Prices of home in the central region, excluding small units, were up 0.3 per cent, while Prices of homes in the non-central region, excluding small units, was flat in October.
Prices of small units, which have a floor area of 506sqf or below, showed the biggest drop with its 0.6 per cent decline, according to SRPI.
Source : Channel NewsAsia – 30 Nov 2015