Chart of the Day: Prices for non-landed market in OCR decline 2.6% QoQ

Price growth remained muted in the fourth quarter of 2022.

The prices of non-landed markets in the Outside of Central Region went down 2.6% quarter-on-quarter in the fourth quarter of 2022, Edmund & Tie said in its recent report.

This chart showed that it was a reverse from the 7.5% growth in the previous quarter.

The property analyst said non-landed median price of new houses declined across all unit sizes in the final quarter of 2022.

It stemmed from lack of new project launches  at the end of the year.