Property prices (landed and non landed) rose 1.3% on a quarterly basis in 3Q2019. This is slightly lower than 2Q2019’s 1.5% increase, but still a good showing. Landed property prices rose 1.0%, compared to -0.1% in the previous quarter. Non landed property prices rose 1.3%, compared to 2.0% in the previous quarter. Among non-landed properties, prices rose the most in the core central region by 2.0%, followed by the rest of central region at 1.3% and then outside central region at 0.8%. Residential Property consultant JLL commented that there was strong transaction momentum in 3Q 2019, where developers launched 3,628 private residential units for sale, selling 3,281 units, which reflected a 90.4% take up rate. This is a stronger market momentum compared to 2Q19, when 2,502 new private homes were launched and 2,350 units were sold. It reflects a positive outlook by both developers and buyers in spite of the economic slowdown. The 3,281 new private homes sold in the primary market in the third quarter is the highest quarterly sales volume since 2Q13 when the...