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0.6% rise in SRX resale condo price index draws divided views
One view is that prices this year have hit an inflection point; another is that overall prices have not bottomed out yet
Kalpana Rashiwala
Published Thu, Feb 11, 2016 · 09:50 PM
Singapore
A 0.6 PER CENT month-on-month increase in SRX Property's flash estimate for its resale price index for non-landed private homes in January has drawn varying views on the outlook for this market.
Savills Singapore research head Alan Cheong said it could suggest that 2016 is a year which captures the inflection point, price wise. However, ERA Realty key executive officer Eugene Lim argued that the overall price trend for the year is still downwards.
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