Private Residential Property Market 2Q 2019

By ERA Research & Consultancy

Overall prices grew 1.5% qoq, led by a 2.0% growth in non-landed residential property prices.

Rental growth was consistent across all market segments with an overall growth of 1.3% qoq.

Price recovery is led by developers' sales of units built on land acquired in 2016 to 2018, when land prices were rising.