by OrangeTee & Tie Pte Ltd.

Pricier, new condo launches drove resale market in January: analysts

SRX Private Residential Data

SRX Private Residential Data

Singapore, 09 Feb 2021

NEW condominium launches drove demand for units in the secondary market in January, with resale units being relatively more affordable, said analysts.

The comments came as condo resale prices rose for the sixth straight month in January 2021, flash figures from real estate portal SRX Property showed on Tuesday.

Overall prices were up 1.2 per cent from December 2020, and 2.2 per cent higher compared to January 2020, according to flash figures from the real estate portal.

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