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Resale Condo Prices Down 0.5% In February, NUS Index

Excluding small units, prices declined by 1.5 percent in the central region, which is steeper compared to the 0.4 percent drop seen in January.

Prices in the non-central region, however, rose 0.2 percent, reversing the 0.1 percent fall in January.

The central region sub-basket includes properties located in districts 1 to 4 and 9 to 11, while properties found in other districts fall under the non-central region sub-basket.

Meanwhile, small units measuring 506 sq ft and below saw prices slip 0.2 percent, an improvement from the 0.7 percent drop recorded in January.

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