Non Landed Private home resale price up in Nov 2015

Non landed resale homes rose 0.6% in November compared to October 2015. There was however no revision to 2015 october price index.

Rents for non landed private home however fell 0.7% as compared to October. Year on year comparison, the rental was down 5.6%.

Overall, non landed property price index has drop for 8 consecutive quarters already since 2013. However, there are still potential buyers on the hunt for "value for money" landed housing and those who are ready to hold from long term.

Source URA, Edge Property

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