August resale private homes prices up slightly
Published on Sep 29, 2012 6:00 AM
Resale prices of private homes inched up across the board in August, reversing the overall fall in July as buyers were lured by new project launches.
Prices picked up 1 per cent overall, according to flash figures from the Singapore Residential Price Index (SRPI) on Friday, after a 0.6 per cent overall fall in July.
The statistics are compiled by the National University of Singapore, and track a basket of completed non-landed projects.
Resale prices of non-central flats rose 1.5 per cent last month, the best performer for the month and a reversal of the 0.6 per cent drop recorded in July.
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