Prices of completed condos down 0.3% in February: NUS
Residential price index also falls due to slide in central region, including financial district and Sentosa Cove
Singapore
PRICES of completed private non-landed homes in Singapore dipped 0.3 per cent in February from January, going by flash estimates of the National University of Singapore (NUS) Institute of Real Estate Studies.
This signalled a 5 per cent drop in NUS Singapore Residential Price Index (SRPI) from a year ago and a 9.4 per cent fall from the peak in July 2013.
The main drag to the NUS SRPI in February published on Monday came from the Central Region, which NUS …
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Apple to invest US$250 million into expanding Ang Mo Kio campus
High Court dismisses Chinese businessman’s claims against Huttons and agent in misrepresentation suit
US 30-year mortgage rate rises to a four-month high of 7.13%
US homebuilding retreats as housing recovery stalls
China Vanke seeks to sell 21.4% stake in logistics operator GLP
Fannie Mae’s new mortgage-scoring system aims to lift MBS demand