Private home resale up 0.1% in August

Prices of private resale homes rose just 0.1% in August from July -- this is according to the latest Singapore Residential Price Index (SRPI), which tracks prices of completed private apartments and condominiums.

The SRPI data is published by the Institute of Real Estate Studies at National University of Singapore (NUS).

Resale prices of private homes in the central area saw the biggest decline, down 1.1% last month.

However, prices of units in the non-central region went up by 1.0%. The index covering small units of 506sqft and below also increased 1.0%.

Source: Channel News Asia