RESIDENTIAL PROPERTY | Staff Reporter, Singapore

Condo prices edge up by just 1.1% in April

Non-landed private home prices are still up 14.1 % over April 2010, but central price rises were more muted at 5.6%.

According to the NUS Singapore Residential Price Index, April price  gains were led by the non-central region (+14.1% yoy and 1.1% mom), while the Central region rose 5.6% yoy and 0.8% mom respectively. However, property consultants were mixed on the outlook due to the ongoing review of HDB monthly household income cap, the step-up in BTO supply this year, and plans to release more BTO flats in mature estates next year. 

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.