Resale prices of condos and apartments down in April: NUS index

Resale prices of Singapore's completed, non-landed private homes slipped by 0.1 per cent in April over March, a flash estimate released by the National University of Singapore (NUS) said on Thursday. -- PHOTO: ST FILE
Resale prices of Singapore's completed, non-landed private homes slipped by 0.1 per cent in April over March, a flash estimate released by the National University of Singapore (NUS) said on Thursday. -- PHOTO: ST FILE

SINGAPORE - Resale prices of Singapore's completed, non-landed private homes slipped by 0.1 per cent in April over March, a flash estimate released by the National University of Singapore (NUS) said on Thursday.

The sub-index for Central Region, excluding small units of up to 506 square feet, also slipped 0.1 per cent during the same period, while the sub-index for suburban units (again excluding small units) was flat.

Central Region is defined by the university's Institute of Real Estate Studies (IRES) as districts 1-4, including the financial district and Sentosa Cove, plus the traditional prime districts 9, 10 and 11.

The sub-index for Islandwide prices of small apartment and condo units rose by 0.4 per cent.

IRES also published revised index values for March, which showed overall prices rising 0.3 per cent from February.