August resale prices of condos stay flat

[SINGAPORE] Resale prices of completed private apartments and condos in Singapore stayed flat in August, based on flash estimates from the National University of Singapore's Singapore Residential Price Index (NUS SRPI).

Both prices for the overall market as well as the central region (defined as districts 1-4 including the financial district and Sentosa Cove, and the traditional prime districts 9, 10 and 11) were unchanged in August compared with July. Their price indices excluded small units of up to 506 sq ft.

Bucking the trend slightly were prices in the non-central region as well as those of small apartments, both of which edged up a marginal 0.1 per cent in August.