Resale prices of private homes flat in July: SRPI

Resale prices of private homes remained unchanged last month, according to Singapore Residential Price Index (SRPI) estimates, which were released on Friday (Aug 28).

The SRPI, compiled by the National University of Singapore’s Institute of Real Estate Studies, showed overall prices stayed flat in July from the previous month.

Prices of homes in the central region, excluding small units, increased 0.2 per cent. Prices of homes in the non-central region, excluding small units, were down 0.2 per cent in July from the previous month.

Prices of small units, which have a floor area of 506sqf or below, rose 0.3 per cent month-on-month.

Source : Channel NewsAsia – 28 Aug 2015

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