SG Non-landed private home prices up 0.9% last month
Property Here - Tuesday, April 30, 2013
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.