Small completed condos worst price performer in July from year ago

Singapore

SMALL completed private apartments and condos have been the worst performer year-on-year among the four Singapore Residential Price Index (SRPI) categories tracked by the National University of Singapore.

Based on flash estimates for July 2016 released on Monday, the SRPI for small units of up to 506 sq ft islandwide has contracted 4.4 per cent on a year-on-year basis.

Over the same period, the SRPI for Central Region (excluding small units) retreated 1.2 per cent while the sub-index…