Resale prices of non-landed homes in June increased around 0.2 per cent from the month before; meanwhile, volumes tumbled 25.5 per cent, according to the latest flash estimates by real estate portal SRX Property.
Units in Frasers Centrepoint Trust (FCT) have already surged more than 26% so far this year. But market watchers remain bullish on the retail REIT as it stands on the cusp of a re-rating.