Private property prices down 1.2% in December

Core central region flats led the decline.

Overall private property prices slipped 1.2% month-on-month in December, following a 0.4% decline in November,

Data from the NUS Singapore Residential Price Index (SRPI) showed that the decline was led by a 1.7% decline in prices of flats in the core central region.

Prices of non-central flats excluding small units declined 0.8% last month, while prices of small units increased by 0.5%.

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