Singapore condo resale prices up 0.4% in May, rising for 4th straight month: SRX

Summary

May 2019 sees a 0.4% growth in resale prices as compared to April 2019 based on SRX’s monthly figures. This will be the fourth consecutive growth thus far. Leading the way in the non-landed private property segment are properties from Rest of Central Regions and city fringe which had a gain of 0.8%.

In terms of sales volume, May 2019 has a decent gain of 3% , bringing it to a total of 835 units sold as compared to 811 units sold in April 2019. Year on year, overall condo prices rose 2.3 per cent.

Mr Nicholas Mak, a property market veteran noted that the market remains is stable as the resale volume remains largely unchanged from March to May 2019. A possible reason for this upward price trend in resale could be the higher PSF launch prices by the recent new launches lately.

 

Source:https://www.straitstimes.com/business/property/singapore-condo-resale-prices-up-04-in-may-rising-for-4th-straight-month-srx

Leedon Green

Book An Appointment to view Leedon Green ShowFlat & get VVIP Discounts (Limited Time), Direct Developer Price, & Hardcopy E-Brochure. Guaranteed with Best Price Possible.

OR

Fill up the form on the right and get a copy of Leedon Green Price, E-Brochure, and Latest Updates!

 Strictly no spam policy.

error: Content is protected !!