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SG Resale private home prices up in July

Property Here - Thursday, August 29, 2013

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Private home prices in the resale market increased marginally by 0.2 percent in July to 162.7, according to the Singapore Residential Price Index (SRPI) flash estimates published by the National University of Singapore's Institute of Real Estate Studies.

The rise was attributed to values of small units and resale homes in the non-central region.

As for prices within the central region, excluding small units, the index remained unchanged at 150.1 month-on-month, while the SRPI for the non-central region rose 0.3 percent to 175.5.

Moreover, prices of small units at 506 sq ft or less went up two percent to 184.3.

 

Nikki De Guzman, Junior Journalist at PropertyGuru, edited this story. To contact her about this or other stories email nikki@propertyguru.com.sg