The quarter to quarter increase in private home prices just shows the resilience of Singapore property prices. An interesting to note is that prices in suburbs or Outside Central Region (OCR) greatly outperformed prices in Core Central Region (CCR) and Rest of Central Region (RCR). Both transaction volumes and prices of OCR has outperformed CCR and RCR.
Buyers of The Florence Residences will be glad to know that it resides in the OCR region and will instill confidence in their purchase with this data.
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