Completed condo prices slipped 0.6% in October

Units in the non-central region saw a price decrease of 0.9%.

Prices of private condo units dipped 0.6% MoM in October, according to the National University of Singapore - Singapore Residential Price Index (NUS-SRPI).

Condo units located in the non-central region led the price slip as units’ price tags dipped 0.9% MoM. Meanwhile, units located within the central region consisting of Districts 1 through 4 and 9 to 11 inched down 0.3% compared to their prices in September.

For small units, prices fell 0.3% MoM as of 20 November, according to the SRPI.

The SRPI is the index for the overall non-landed residential market in Singapore based on the whole SRPI property basket.