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%.