{"id":8217,"date":"2016-03-01T09:00:04","date_gmt":"2016-03-01T02:00:04","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/completed-condo-prices-up-0-1\/"},"modified":"2016-03-16T21:08:56","modified_gmt":"2016-03-16T14:08:56","slug":"completed-condo-prices-up-0-1","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/completed-condo-prices-up-0-1\/","title":{"rendered":"Completed condo prices up 0.1%"},"content":{"rendered":"


\nCondominiums in Singapore.
\nPrices of completed condominiums edged up by 0.1 percent in January 2016 compared to the previous month, according to latest flash estimates of the NUS Singapore Residential Price Index (SRPI).
\nBased on the Index, prices of completed units in the central region (districts 1 to 4 and 9 to 11) dipped by 0.5 percent, while those in the non-central region rose by 0.5 percent. As for small units measuring up to 506 sq ft, prices climbed by 0.6 percent.
\nIn comparison, the revised index for December 2015 shows that prices in all three segments fell on a month-on-month basis. Values in the central region fell by 0.8 percent, those in the non-central region posted a smaller decline of 0.6 percent, while prices of small units decreased by 0.3 percent. Consequently, prices across the island slid by 0.6 percent.
\nNotably, the revised index for December is based on the previous Basket 7, which covers a total of 78,877 units across 429 private non-landed developments in 26 postal districts completed from October 2003 to December 2013.
\nOn the other hand, the flash estimates for January were derived from the current Basket 8, which covers a total of 111,811 units across 574 residential projects completed between October 2003 and September 2015.
\nAccording to a statement from the NUS Institute of Real Estate Studies (IRES), Basket 8 includes newer projects with better quality amenities compared to the previous basket. It also tracks 7,120 small units versus 3,092 units for Basket 7.
\nThe usage of the new basket took effect on Monday (29 Feb), and the composition will be adjusted every two years.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories email romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Completed condo prices up 0.1%<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Condominiums in Singapore. Prices of completed condominiums edged up by 0.1 percent in January 2016...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-8217","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-28x","jetpack-related-posts":[{"id":64826,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/completed-condo-prices-up-0-5-in-july-nus-index\/","url_meta":{"origin":8217,"position":0},"title":"Completed condo prices up 0.5% in July, NUS index","date":"August 29, 2017","format":false,"excerpt":"\r \u00a0 Prices of completed condominiums and apartments in Singapore continued to grow in July at 0.5 percent, according to latest flash estimates of the NUS Singapore Residential Price Index (SRPI). However, the uptick is a bit slower compared to the 0.9 percent increase registered in June. SEE ALSO:\u00a0Get the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107568,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/resale-condo-prices-up-0-2-in-april-nus-index\/","url_meta":{"origin":8217,"position":1},"title":"Resale condo prices up 0.2% in April, NUS index","date":"May 29, 2019","format":false,"excerpt":"\r After remaining stagnant in March, resale condo prices saw a 0.2% increase in April.\u00a0 Prices of completed condominiums and apartments in Singapore edged up by 0.2 percent in April, after remaining flat in March, according to latest flash estimates of the NUS Singapore Residential Price Index (SRPI). This comes\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50029,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/resale-condo-prices-down-0-3-in-february\/","url_meta":{"origin":8217,"position":2},"title":"Resale condo prices down 0.3% in February","date":"March 29, 2017","format":false,"excerpt":"\r \u00a0 Prices of completed non-landed private homes fell 0.3 percent in February 2017, compared to the revised 0.1 percent decline seen in January, revealed flash estimates of the NUS Singapore Residential Price Index (SRPI). 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