Prices of small condo units up again

[SINGAPORE] Prices of small completed private apartments (up to 506 sq ft) climbed for the second month in a row to hit a new peak in August, according to the latest flash estimate from the National University of Singapore (NUS).

Market watchers agree that the data - the Singapore Residential Price Index (SRPI) for small units rose one per cent in August, following a 2.1 per cent climb in July - suggests that buyers are gravitating towards smaller homes.

Given that the absolute quantum of these smaller...

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