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SG Non-landed home prices down in May

Property Here - Monday, July 01, 2013

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Prices of completed private apartments and condominiums fell 0.2 percent in May compared to the 1.9 percent month-on-month increase recorded in April, according to flash estimates of the NUS home price index. 

The index monitors prices of completed non-landed private homes, excluding executive condominiums (ECs).

The latest data shows that the sub-index for the Central Region (excluding small units) climbed 1.5 percent month-on-month, while there was a 1.6 percent drop for the Non-Central region (excluding small units).

Meanwhile, the sub-index for small units dipped 1.3 percent compared to the 1.4 percent gain seen in April.



Nikki De Guzman, Junior Reporter at PropertyGuru, wrote this story. To contact her about this or other stories email nikki@allproperty.com.sg