Resale condo price in 18-month consecutive rise

COOLING measures, combined with the lull period leading up to Chinese New Year, likely led to resale condominium demand slipping in January, noted property analysts on Tuesday (Feb 15).

Flash figures from SRX Property and 99.co showed resale volumes falling for the fifth consecutive month to 1,118 units resold - 23.8 per cent lower than the 1,468 units resold in December 2021.

Volumes were 23.1 per cent lower year on year and 26.9 per cent higher than the 5-...