Condo resale prices drop 0.8% in Dec

Singapore

AFTER a small uptick in November, resale prices of private non-landed homes in December resumed the mild downtrend they have been in since last July's cooling measures, flash estimates by real estate portal SRX Property on Tuesday showed.

Condominiums and private apartment resale prices fell by 0.8 per cent last month from the previous month.

This comes after a 0.3 per cent rise in November, slightly higher than the 0.2 per cent increase earlier estimated by SRX.

Resale prices of non-landed private homes are now down by 1.5 per cent from their peak in July 2018, when property coolin…