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Singapore condo resale prices continue to rise in Nov; Volumes recover: SRX, 99.co

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The recent easing of restrictions on viewings and displaced owners as a result of en blocs are among likely reasons for the recovery of condominium resale volumes in November, said property analysts.

Condominium resale volumes rose 2.4 per cent last month to about 1,636 units resold, after declining in October and September, flash figures from 99.co and SRX Property released on Tuesday (Dec 14) showed.

Year on year, volumes were up 21.8 per cent and 67.5 per cent higher than the 5-year average volumes for the month of November.

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