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SG Non-landed private home prices up 0.9% last month

Property Here - Tuesday, April 30, 2013

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By Romesh Navaratnarajah:

Prices of completed non-landed private homes rose 0.9 percent in March after a 1.2 percent decline in February, according to the NUS Singapore Residential Price Index (SRPI).

The uptrend was primarily due to the 2.2 percent increase in the sub-index for the Central Region last month. This area comprises districts 1 to 4 including the financial district and Sentosa Cove, as well as traditional prime residential districts 9, 10 and 11.

The index tracks month-on-month changes in the price of private non-landed residential properties in Singapore.



Romesh Navaratnarajah, Senior Editor of PropertyGuru, wrote this story. To contact him about this or other stories email romesh@allproperty.com.sg