Completed apartment, condominium prices in May down 0.8%: NUS

Singapore

PRICES of completed private apartments and condos fell 0.8 per cent in May from the previous month, led by small units and units in non-central areas.

The prices of units of up to 506 square feet fell 1.1 per cent, while those of units in non-central areas dipped one per cent, said the latest flash estimates from the National University of Singapore (NUS). In April, prices of small units fell 0.1 per cent, while those of condos in the non-central region rose 0.1 per cent.