Condo resale prices and volume slip in April: SRX
THE resale prices and volume of non-landed private homes in Singapore continued to slip in April, with SRX's price index for such homes falling 0.7 per cent last month compared to March.
Core Central Region and Outside Central Region saw resale-price declines of 0.1 per cent and 1.5 per cent respectively, while city-fringe homes in Rest of Central Region bucked the trend with a 0.4 per cent rise.
Compared to a year ago, resale prices of non-landed private homes dropped 4 per cent in April. Prices were 6.9 per cent lower than the peak of the SRX resale price index for such homes in January 2014.
According to data compiled by SRX Property, resale volume of non-landed private homes also slipped slightly in April. An estimated 440 resale units were sold last month, down 2.7 per cent from 452 in March. But this is 1.9 per cent higher than the 432 resale units sold in April last year.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Airbnb promises to combat sex work in rentals during Paris Olympics
Hong Kong property deals hit three-year high in April
More homes planned in Media Circle to support housing demand
Qatari Sheikh sells London mansion to fellow royal for £39 million
Toronto home sales fall for third month in April; prices rise
Far East Shopping Centre owners in private talks after close of S$928 million en bloc tender