Condo resales rise 17% in March, but slowdown expected in April

Singapore

PRIVATE non-landed home resales rose 17 per cent in March over the previous month while prices barely moved, according to flash data from real estate portal SRX Property on Tuesday.

However, compared to a year ago, resale volume was 13 per cent lower and 21 per cent below the five-year average volume for the month of March.