Non-landed private resale prices had been trending marginally upwards by 2.3% year-on-year in December 2019 and 1.7% from the whole of 2019. In terms of resale volume, this was 15.9% higher compared to December 2018 and 13.4% above five-year average for January. These upward trends are likely to be dampened by the coronavirus outbreak, though analyst expects property prices to be more resilient.
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