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Performance of STI, private home resale market took different paths during pandemic

Private residential market resilience due to Singaporeans looking for investment, demand from HDB upgraders

Mon, Jan 11, 2021 - 5:50 AM

Nisha Ramchandaninishar@sph.com.sg@Nisha_BT

Singapore

PRICES of private homes in the resale market proved more resilient than the Straits Times Index (STI) in 2020 as home prices rebounded to end-2019 levels in the months following the circuit breaker.

According to data from the National University of Singapore's Institute...

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