Condo resales recover slightly in October

Cost constraints: Residential property under construction in Singapore. Observers say buyers are resisting higher prices and being more selective. — Bloomberg

SINGAPORE: The resale-condo volume recovered slightly in October, with prices rising marginally for the third consecutive month.

From September to October, prices inched up by 0.4%, lower than the 0.8% in September and 0.9% in August, according to flash data released by real estate portals 99.co and SRX on Nov 28.