Singapore condo resale prices up 1.9% in Feb; units sold rise 11.3%: SRX

Singapore

RESALE prices of condominiums and private apartments in Singapore continued to accelerate last month surpassing the last peak in prices seen in January 2014, according to flash estimates from SRX Property on Tuesday.

Prices in February rose 1.9 per cent from the previous month - higher than the 1.3 per cent month-on-month price rise seen in January, which was revised up from an earlier estimate of a 1 per cent increase. This was also the seventh consecutive month of growth for the resale property price index.