Prices of completed private homes fall in December: SRPI
Published on Jan 28, 2013 12:57 PM
PRICES of completed private homes hit a turning point in December, falling by 0.3 per cent from November, according to new data released today.
The fall was led by homes in the central region, where prices dropped 1.3 per cent last month, the latest Singapore Residential Price Index (SRPI) showed.
Homes in non-central areas, however, continued their upward price trend, with values rising 0.5 per cent in December over November.
The prices of completed small units - of 506 sq ft or less in area - stayed flat last month. These units are not counted in tabulating the price rises for the central and non-central regions.
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