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Resale condo prices ease again in Jan: SRX flash estimates

Non-landed resale price index dips 0.2%; market players expect resale volumes to rise after Chinese New Year

Kalpana Rashiwala

Kalpana Rashiwala

Published Tue, Feb 10, 2015 · 09:50 PM

    THE resale market for non-landed private homes continued to languish in January, SRX Property's latest flash estimates released on Tuesday show.

    Its overall resale price index for non-landed private homes continued to slip month on month in January. The overall median transaction over X-value (TOX) remained at negative S$10,000. Resale volumes also hovered around the 300-plus level for the third consecutive month.

    Market watchers expect resale volumes to pick up after February.

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