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Condo resale prices flattish in October: SRX

But analysts do not think it is a sign that prices are recovering

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Published Tue, Nov 11, 2014 · 09:50 PM

    Singapore

    RESALE prices of non-landed private homes stabilised in October, leading some in the industry to wonder if the total debt servicing ratio (TDSR) framework has exhausted its effectiveness in bringing prices down.

    Resale prices rose a slight 0.4 per cent in October, compared to September. Prices in the city fringe and suburbs each climbed 0.6 per cent, while prices of city apartments fell 0.3 per cent, according to flash figures released by SRX on Tuesday.

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