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Resale condo prices edge up 0.2% in March, flash estimates show

But analysts say this small rise does not signal a recovery; prices of small units down amid abundant supply

Published Tue, Apr 28, 2015 · 09:50 PM

Singapore

PRICES of completed non-landed private homes in Singapore rose 0.2 per cent in March over February, according to the National University of Singapore (NUS) index's flash estimates released on Tuesday.

This was expected due to pent-up buyer interest after the Chinese New Year. Both property buyers and sellers take a break during the festive period, consultants say.

But March's price increase was very small, noted R'ST Research director Ong Kah Seng, which showed …

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