Local private condominium resale prices rise for 28th consecutive month

Singapore

Singapore

Local private condominium resale prices rise for 28th consecutive month

Singapore

By Internet

City News
Flat resale
flat deals
flats

Abstract: Local private flat resale prices rose for the 28th consecutive month, while transaction volumes continued to fall, according to unofficial estimates.

A joint estimate released by property websites 99.co and SRX shows that overall private resale prices rose by 1.1% month-on-month and 10.8% year-on-year in November.

Private resale prices rose in all regions year-on-year, with the Central region registering the largest increase at 2.7 per cent.

In terms of transaction volume, an estimated 1,124 units changed hands last month, a decrease of 9.4% month-on-month and a 30.4% year-on-year decrease.

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