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Resale prices of private apartments, condos inch up again in June

SRX numbers also show a 10% fall in volume of transactions from May to June

Kalpana Rashiwala
Published Tue, Jul 14, 2015 · 09:50 PM

Singapore

FOR the second straight month, resale prices of private apartments and condos have inched up on a month-on-month basis, according to SRX Property. But year on year, its latest flash estimate shows that the price index for such homes in June was 1.6 per cent lower.

Giving a geographical breakdown, SRX Property said that year on year, non-landed private residential resale prices have dropped by 7.1 per cent in Core Central Region (CCR) and 2.3 per cent in Outside Central Region (OCR). However, prices in the city fringe or Rest of Central Region (RCR) have climbed 6 per cent.

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