Condo resale prices up 1% in Jan: SRX

RESALE prices of condominiums and private apartments continued to appreciate month-on-month and at a faster pace, according to the latest flash estimates from real estate portal SRX Property on Tuesday.

The values of non-landed private homes rose 1 per cent in January 2018 from December 2017. This compares to the 0.3 per cent rise in December, revised down from SRX's initial estimate of a 0.4 per cent increase.

The recent trend of island-wide increases was sustained: The core central region (CCR) was up 1.2 per cent month-on-month; with the rest of the central region (RCR) advancing 1.4 per cent; and the outside central region (OCR) rising 0.6 per cent.