RESIDENTIAL PROPERTY | Staff Reporter, Singapore

Completed condo prices slipped 0.4% in December

Prices of prime units fell the most.

Prices of completed non-landed homes in Singapore dropped by 0.4% in December, according to the latest National University of Singapore (NUS) Singapore Residential Price Index (SRPI).

Prices of completed condos in the central region dropped by 0.6%, while prices of homes in non-central regions declined by a more marginal 0.2%. Prices of shoebox units, or those smaller than 506 square feet, remained flat.

The revised SRPI values for November are as follows: overall prices dropped by 0.7%, while prices of central units fell by 0.9%. Prices of non-central units dropped by 0.4% while prices of small units dropped by 1.3%. 

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