Prime region leads private-home resale price rise

Singapore

THE first month of 2017 saw a continued momentum in the high-end residential property segment, with resale prices in the Core Central Region (CCR) making a 1.9 per cent rise from a month ago and a 2.7 per cent increase from a year ago, based on SRX Property estimates.

This helped to lift SRX Property's overall resale index for the private residential market by 1.1 per cent month on month in January and 0.3 per cent from a year ago.

In the city fringe or Rest of Central Region (RCR) and suburban areas or Outside Central Region (OCR), resale prices …