Updated: 04/09/2014 19:46

Singapore private resale home prices flat in March

Singapore private resale home prices flat in March

Resale prices of non-landed private homes in Singapore were flat in March, following a drop in the month before. 

According to the Singapore Real Estate Exchange or SRX, prices inched up 0.2 per cent last month. 

This was led by the city fringe area which saw prices up by 1.3 per cent, followed by the core central area which climbed 0.3 per cent. 

However, prices in the outside central region or suburban area continued to soften, dipping by 0.1 per cent. 

The SRX report also found that resale transaction volume fell 22.5 per cent on-year. 

But the 451 transactions translate to the highest resale volume since October 2013.

And on the rental market segment, prices softened by 0.9 percent.

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