Private residential resale prices dipped 3.9% in March

440 units were resold.

Private residential resale prices posted a 3.9% year-on-year decline in March, data from SRX Property showed today.

On a month-on-month basis, private condo resale prices declined by 0.2%.

In individual sectors, CCR and OCR experienced price decrease of 0.3% and 0.4%, respectively. Prices in RCR, on the other hand, increased by 0.4%.

An estimated 440 non-landed private residential units were resold in March 2015 an 18.5% year-on-year increase and a 31.0% month-on-month jump.

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