Non-landed resale prices inch up in August

Singapore

NON-LANDED private residential resale prices inched up 0.7 per cent in August from July, led by the prime and suburban regions, and accompanied by a monthly increase of 19.2 per cent in transaction volumes.

These figures are estimates of SRX Property released on Tuesday, signalling a general uptrend in SRX Property's resale price index from October 2016 even as the government's price index that tracks all non-landed transactions (including new sales, resales and subsales) as at Q2 2017 has remained on a general downtrend since Q4 2013.