Flash residential price index dips 1.1%

Price index in Central and Non-Central Regions also fell 1% and 1.3%.

According to National University of Singapore's Singapore Residential Price Index, the SRPI overall fell 1.1% on a month-on-month basis. The revised index for June went up 0.1% mom.

Here's more from NUS' SRPI:

SRPI Central excluding small units fell 1%, while those on non-central fell 1.3%. SRPI small units inched up 1.1%.

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

The SRPI is the index for the overall non-landed residential market in Singapore based on the whole SRPI property basket. Two sub-indexes are also produced for the Central and non-Central regions. The Central region sub-basket comprises properties within the overall SRPI basket located in Postal Districts 1 through 4 and 9 through 11 while properties in the other postal districts are in the non-Central region sub-basket.