Resale prices at 2 1/2-year high after rising 0.5% in March: SRX
But consultants say this should not be read as a sign of market exuberance
Singapore
RESALE prices of private non-landed homes last month rose 0.5 per cent in the fifth straight month of increase on broad-based recovery across regions, reaching a 2 1/2-year high since September 2014, says SRX Property.
But some analysts note that the smaller price gain in March following a one per cent rise in January and 1.1 per cent increase in February should not be read as a sign of market exuberance, especially in view of the sterling jump in volumes.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Half of German housing construction firms short on orders
China’s housing mess finally hits Xi’s interest
A way to beat high mortgage rates is to take over someone else’s loan
With China’s property market struggling, India, South Korea and Vietnam are hot
Shophouse sales surge and at higher prices in Q1 as high-net-worth investors return: Knight Frank
Sony’s plans for Paramount include sale of famous studio lot