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Continued momentum in the high-end residential property segment

THE first month of 2017 saw a continued momentum in the high-end residential property segment, with resale prices in the Core Central Region (CCR) making a 1.9 per cent rise from a month ago and 2.7 per cent increase from a year ago, based on SRX Property estimates.

This helped to lift SRX Property's overall resale index for the private residential market by 1.1 per cent month on month in January and 0.3 per cent from a year ago. Upcoming new launch condo include Parc Botannia , Carpmael Thirty Eight , Fivenine condo , Sixteen35 Residences and Kandis Residence , Sengkang Central condo while existing ones include Kingsford Waterbay, Seaside Residences and Grandeur Park Residences.

In the city-fringe or Rest of Central Region (RCR) and suburban areas or Outside Central Region (OCR), resale prices also rose by 1.5 per cent and 0.4 per cent respectively.

But compared to a year ago, resale prices in the RCR and OCR recorded a fall of 0.1 per cent and 1.1 per cent respectively last month.

Twin Vew Condo
HDB resale prices dipped 0.1 per cent