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Resale private home prices fall to new low in December

Published on Jan 13, 2014 3:32 PM
 
The private home resale market weakened for the fourth consecutive month, as prices fell to a new low in December. -- ST FILE PHOTO: KUA CHEE SIONG

The private home resale market weakened for the fourth consecutive month, as prices fell to a new low in December.

Resale prices of non-landed private homes fell 0.2 per cent in December from the preceding month, according to Singapore Real Estate Exchange (SRX) flash estimates out on Monday.

Prices in the city centre led the decline, dropping 2.3 per cent. Suburban regions registered a 1 per cent slide.

However, city fringe units bucked the trend with a 2.9 per cent climb in the month.

 
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