Residential property prices down 0.8% in December: NUS index

2012-01-30 · 707 阅读

SINGAPORE : Prices of residential property in Singapore fell by 0.8 per cent on-month in December, according to flash estimates of the Singapore Residential Property Index (SRPI) by the National University of Singapore (NUS).

This compares with a 1.4 per cent increase in November.

The index covering small units of 506 square feet and below registered a 3.4 per cent increase.

The NUS SRPI Small Index was down -0.8 per cent in November.

Excluding small units, home prices in the central region fell -0.4 per cent, while those in the non-central region also dropped -1.0 per cent.

Both indices reported increases in November. The SRPI Central (excluding small units) was up 1.6 per cent in November, while the SRPI Non-Central (excluding small units) up 1.3 per cent.

The index included transactions received as at January 19.

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