Prices of private resale flats up 0.3% in March

Singapore

RESALE prices of non-landed private homes inched up 0.3 per cent last month, compared with February, SRX Property estimates.

This was buoyed by the uptick of 0.1 per cent and 1.3 per cent in the Rest of Central Region (RCR) and Outside Central Region (OCR) respectively.

Resale prices in the Core Central Region (CCR) however slipped 1.7 per cent last month. This decline coincided with the launch of CapitaLand's Cairnhill Nine project in Orchard, which property consultants say could have drawn interest away from the resale mar…