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28/06/2018: Prices of completed condo, private apartments up 1.5%

PRICES of completed non-landed private homes in Singapore climbed 1.5 per cent in May from the previous month.

This is according to the National University of Singapore’s (NUS) flash estimates for its Singapore Residential Price Index (SRPI) released on Thursday.

The rise is a rebound from April when prices dipped by 0.2 per cent, revised up from an earlier estimate of a 0.3 per cent drop.

The price increase in May was felt across the board, with apartments in the central region, excluding small units, climbing 1.8 per cent, followed by units outside the prime locations, which saw prices rise 1.3 per cent.

Read more at https://www.businesstimes.com.sg/real-estate/prices-of-completed-condo-private-apartments-up-15-in-may-from-april-nus-index

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