SRX private resale data shows early impact from latest property curbs
Resale prices edged up 1% to six-year high; but transaction volume retreats
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
THE latest property cooling measures have begun to hit the private resale market, going by the first market-wide snapshot since the curbs kicked in on July 6.
Real-estate portal SRX Property's flash estimates for July, released on Tuesday, showed that resale prices of condominiums and private apartments rose 1 per cent month on month to a new six-year high; this made for 12 months of uninterrupted rise. Compared to July 2017, resale prices are up by 12.3 per cent, and have climbed 9 per cent so far this year.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Japan stocks look set for new highs in 2025 on earnings, reform
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
