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Resale prices for condos hold steady in May despite volume dive

May prices up 0.1% from April though volume down 43%, SRX flash figures show

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Analysts note that the sharp fall in sales volume indicates that the resale market could be highly dependent on physical house viewings.

Singapore

RESALE prices for non-landed private homes held steady in May despite another plunge in sales volume during the second month of the circuit breaker period, according to flash figures from real estate portal SRX Property on Tuesday.

About 171 units were resold in May,...

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