Singapore's condo resale prices and sales drop in Feb

Singapore

RESALE prices and sales of non-landed private homes in Singapore were hit last month from what one market observer called a "triple whammy" of the novel coronavirus, the Chinese New Year seasonal slowdown and supply of new units from recent launches.

As a result, prices of resale homes in February slipped 0.8 per cent from January, and sales volume fell 13.1 per cent, said flash data released by real estate portal SRX Property on Tuesday.