News
RESIDENTIAL PROPERTY | Staff Reporter, Singapore
view(s)

Private condo prices rose 1.5% in May

Prices of condo units in the Central area gained 1.8%.

Private home prices rose 1.5% MoM in May, according to the Singapore Residential Price Index (SRPI) of the National University of Singapore (NUS).

Properties in the Central area comprising of Districts 1 to 4 and 9 to 11 rose 1.8% from a decline of 0.2% in April whilst prices of those outside the Central gained 1.3% from a steady rate in April. Meanwhile, small units reflected a 1.2% gain from a slip of 0.3% in April.

Also readS-REITs' yield spread should further tighten to 3%: DBS analyst

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

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.