Singapore Residential Price Index
What is the Singapore Residential Price Index? How did Singapore Residential Price Index come about? Who are behind the Singapore Residential Price Index?
We examine some details about the Singapore Residential Price Index in this post.
Singapore Residential Price Index (SRPI):
The National University of Singapore (“NUS”) Singapore Residential Price Index Series (“SRPI”) is a transactions-based index that tracks the month-on-month price movements of private non-landed residential properties in Singapore.
Singapore Residential Price Index is developed by a team of researchers at IRES.
The Singapore Residential Price Index (SRPI) provides a resource for the development of property derivatives that would help to expand the suite of financial products offered in Singapore, particularly in the context of obtaining exposure to and managing risks associated with the real estate market.
Singapore Residential Price Index will complement existing property information on the state of the residential market.
Currently, Singapore Residential Price Index SRPI indexes are published in the form of value-weighted indexes.
The Singapore Residential Price Index SRPI is the index for the overall non-landed residential market in Singapore based on the whole SRPI property basket.
Two Singapore Residential Price Index sub-indexes are also produced for the Central and non-Central regions.
The Central region Singapore Residential Price Index sub-basket comprises properties within the overall SRPI basket located in Postal Districts 1 through 4 and 9 through 11 while properties in the other postal districts are in the non-Central region Singapore Residential Price Index sub-basket.
Admin
Singapore Residential Price Index
