14 Dec '16, 7am

CCR Best Condo Performer

looks set to be the outperformer again this year for resale prices of private apartments and condos. Based on flash estimates for November 2016 released by SRX Property on Tuesday, its price index for resale transactions of non-landed private homes in CCR is up 1.8 per cent from December last year. In contrast, over the same period, SRX's price indices eased 0.6 per cent in the city fringe or Rest of Central Region (RCR) and 1.8 per cent in the suburbs or Outside Central Region (OCR), with the overall resale price index for non-landed private homes down 0.5 per cent. Last year, too, prices in the CCR outperformed the market, with a 2.7 per cent gain, followed by a 1.4 per cent increase for RCR and a drop of 4.3 per cent in OCR; overall resale prices for non-landed private homes retreated 2.1 per cent in 2015. SRX Property's latest data also showed that resale transaction v...

Full article: https://www.srx.com.sg/singapore-property-news/28952/ccr-...

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