NUS index shows 0.6% dip in condo prices

Based on recent flash estimates by the National University of Singapore (NUS) for its overall Singapore Residential Price Index (SRPI), the prices of completed private apartments and condominiums slipped 0.6% in April, after rising 0.8 % in March.

Completed units in central region dropped 0.5% in prices. Small units of floor area 506 sqft and below rose 0.7% instead. Overall the Residential Price Index dropped 0.3% in 2017 and down 2.4% lower than a year ago.

 

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