Every month, when the National University of Singapore (NUS) releases flash estimates for its Singapore Residential Price Index (SRPI), there will always be at least one reporter who will be feeling perplexed as to how he or she should read the indices. Are property prices heading upwards, downwards or trudging sideways? Compared to the Urban Redevelopment Authority's (URA) quarterly price index, the SRPI...
Singapore Residential Price Index
Much-anticipated index shows private home prices edged up just 0.2% in February Prices of non-landed private homes held steady in February, a new index set up to track residential property prices here shows. The Singapore Residential Price Index, or SRPI, showed that private home prices across the island rose just 0.2 per cent month-on-month in February 2010, after climbing 2.2 per cent in January. But...
Last Wednesday, the Institute of Real Estate Studies at the National University of Singapore (NUS) announced that it had formulated an index called the Singapore Residential Price Index (SRPI). It tracks prices of completed private non-landed homes month on month and will provide owners, investors, banks and property watchers with another source of price data. Property experts have commented that it will...
New, monthly price index will also help in development of property derivatives Singapore now has a second price index to provide information on the state of the private housing market here. The new Singapore Residential Price Index, or SRPI, aims to provide a resource for the development of property derivatives. It tracks month-on-month price movements in the private non-landed residential property...
A NEW index that tracks the price of private non-landed homes month by month has been created to help owners, investors and other property watchers keep a handle on the fast-moving market. The Singapore Residential Price Index (SRPI), as it is called, has been formulated by the National University of Singapore (NUS) after two years of research. It functions much like the Straits Times Index for shares...
There is a new price index to provide information on the state of the residential market in Singapore. The index was developed by the National University of Singapore's Institute of Real Estate Studies and is the first such index by an academic institution here. The Singapore Residential Price Index, or SRPI, which tracks month-on-month price movements, will provide a resource for the development of...