Condo Resale Prices Up, But Coronavirus Outbreak May Hit Sales

Source: https://www.straitstimes.com/business/property/condo-resale-prices-up-but-virus-outbreak-may-hit-sales

Both non-landed private resales volume and prices inched up marginally from December 2020.  The increased in transaction volume is much higher, at 4% as compared to the price increased by 0.5%.  With the recent coronavirus outbreak situation, analyst expects private resale market to take a hit.  However, he expects volume to be affected more than prices, with the fall projected to be between 25% to 35% for the first quarter of 2020.

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