Resale volume plunged 22.2% to 242 deals in February

Resale prices also dipped 2%.

According to SRX Private Residential Flash Report, an estimated 242 non-landed private homes were resold in February, a 18.5% drop from January's 297 resale transactions. YOY, February 2014's resale volume posted a 22.2% decline from 311 resale deals closed in February 2013. This is also the lowest monthly resale volume since December 2008, when only 234 units were transacted in that month during the financial crisis.

Resale prices dipped 2.0% in February. According to the SRX Property Resale Index (SPI), overall resale prices of non-landed private residential units dropped 2.0% in February 2014, after two consecutive price gains in December and January.

"For the last fifteen months, the SRX property index for non-landed, resale properties is bouncing between the 170 and 180 band. Prices have been unable to break through the 180 ceiling, yet at the same time, prices are resisting the pressure from the cooling measures to fall below the 170 support level," noted Sam Baker, Co-founder & CEO of SRX.

Core Central Region's (CCR) prices dropped 3.9%, followed by Outside Central Region's (OCR) price decrease of 1.8%. Rest of Central Region (RCR), however, saw resale prices climbing by 0.4%.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia