BUILDING & ENGINEERING | Staff Reporter, Singapore

Private condo prices crept up 0.6% in December

This is softer than the 1.6% growth in November.

The price of private condos in Singapore continued to grow and crept up by 0.6% MoM.

According to National University of Singapore's December 2017 flash estimate of Overall Singapore Residential Price Index (SRPI), the rise in prices this month is weaker than the 1.6% rise in November.

The increase is also present in central and non-central units.

Meanwhile, the price of small units stayed flat, compared to the 1.1% growth last month.

SRPI is a transaction-based index that tracks the month-on-month price movements of private non-landed residential properties in Singapore.

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