Updated: 05/28/2014 22:39

Resale private home prices fall 1% in April



Resale private home prices fall 1% in April

Resale prices of private homes fell further in April, according to Singapore Residential Price Index (SRPI) estimates released on Wednesday.

The SRPI, compiled by the National University of Singapore's Institute of Real Estate Studies, showed overall prices decreased by 1 per cent in April from the previous month. 

In March, prices fell 1.4 per cent from February. 

Prices of homes in the suburban region led the decline, with a 2 per cent decline in April from a month earlier, while prices in the central region remained flat. 

The figures exclude prices for small units with a floor area of 506 sq ft and below, which fell 0.4 per cent in April from March, the SPRI data showed.

Latest Photo Galleries on xinmsn

NEWS VIDEOS