SINGAPORE – Prices of completed condominium units and apartments recovered in April, edging up 0.3 per cent compared to the previous month, according to flash estimates from the NUS Singapore Residential Price Index (SRPI).
This follows a 1.1 per cent price fall in March, revised from an earlier estimate of a 1 per cent decline. In the first two months of 2016, prices of completed non-landed homes saw marginal increases of 0.5 per cent in February and 0.2 per cent in January. Upcoming executive condo include Treasure Crest and Northwave EC while existing ones include The Terrace EC, Brownstone EC, The Visionaire EC, Parc Life EC , Waterwoods EC, Signature at Yishun, Skypark Residences, Wandervale EC, The Vales EC, The Criterion EC, Bellewaters EC, Bellewoods EC.
Units in the central region (excluding shoebox units) led April’s small price increase, up by 0.4 per cent. Those outside the prime areas, saw prices inch up 0.2 per cent.
Prices of shoebox or small units – those up to 506 square feet – went up by 0.2 per cent.