, Singapore
125 views

Completed condo prices down 0.5% in February

The prices of units at Central Region fell 1.5%.

The prices on completed private apartments and condominiums went down 0.5% MoM in February following a 0.2% decline in January, according to the National University of Singapore’s Singapore Residential Price Index (SRPI).

The monthly decline came as the prices of apartments in the Central Region fell 1.5%. Prices of small units also dipped 0.2%.

Only the prices of non-Central Region units saw its prices rise by 0.2%.

In January, the prices of small units fell 0.7%. Prices at Central and Non-Central areas also fell 0.4% and 0.1% respectively.

The National University of Singapore (NUS) Singapore Residential Price Index Series (SRPI) is a transaction-based index that tracks the month-on-month price movements of private non-landed residential properties in Singapore.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Inflation hits four-year low of 0.5% in March
CPI-All Items inflation came in at 0.9% y-o-y in March, unchanged from the month before.
Economy
Singapore, Fiji strengthen ties amidst global uncertainty
The two countries will deepen cooperation in trade, investment, and connectivity.
Economy

Exclusives

Singapore’s pharma, chip sectors at risk from trade wars
US firms importing from Singapore face nearly $1.6b in added costs from 10% base tariffs.
Economy
Can Lady Gaga match the ‘Taylor Swift effect’?
Singapore is Mother Monster’s only Asian stop in her ‘Mayhem Ball’ world tour.