28 Jan '13, 11am

OCR completed condos fared better

http://www.businesstimes.com.sg/arch...etter-20130126 Published January 26, 2013 OCR completed condos fared better By Kalpana Rashiwala IN the private residential segment, the prices of completed, non-landed private homes in the Outside Central Region (OCR) led fourth-quarter gains, rising 5.6 per cent quarter-on-quarter in the fourth quarter last year. In the price indices compiled by the Urban Redevelopment Authority (URA), the index for uncompleted homes in the OCR inched up at less than half the pace: 2.4 per cent. The OCR covers suburbs such as Punggol, Woodlands and Jurong, where mass-market condominiums are located. This pattern - where the rise in price was higher for resale, non-landed homes than for uncompleted ones - was generally replicated across the island in 2012. Prices in the OCR for completed homes climbed 8.8 per cent last year, double the 4.4 per cent a...

Full article: http://forums.condosingapore.com/showthread.php?p=362884#...

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