SISV comes up with own indices to track suburban condos (Amended)

Singapore

JOINING the bandwagon of index providers tracking residential price movements here, the Singapore Institute of Surveyors and Valuers (SISV) has come up with an index series to track resale transactions of completed condominiums in the suburban region.

Based on this index suite, average prices in the East and West regions have softened to levels last seen five years ago, while average prices in the North and North-East are generally still higher than in 2011, SISV said.