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Resale condo prices rise for 18th straight month

But January figures show volumes down 23.8% after cooling measures, with pre-holiday lull: SRX, 99.co

Vivienne Tay

Published Wed, Feb 16, 2022 · 05:50 AM

Singapore

COOLING measures, combined with the lull period leading up to Chinese New Year, likely led to resale condominium demand slipping in January, noted property analysts on Tuesday (Feb 15).

Flash figures from SRX Property and 99.co showed resale volumes falling for the fifth consecutive month to 1,118 units resold - 23.8 per cent lower than the 1,468 units resold in December 2021.