Prices of small private housing units holding out well - for now

Singapore

SO far, price declines for completed private apartments and condos have been less pronounced for small units.

But things could be headed for a change, as more shoebox units are completed and the competition for tenants intensifies.

Based on Monday's flash estimate from the National University of Singapore for its Singapore Residential Price Index (SRPI) series, the islandwide subindex for sm…