By Joyce Teo

PRICES of prime resale landed homes have risen 18.6 per cent this year to reach a new high of $1,447 per sq ft, said a report by DTZ Research on Friday.

It has easily surpassed the previous peak levels achieved in the first quarter of last year when prices of this segment reached $1,293 psf.

Outside the prime districts, the average price of freehold landed resale homes climbed 12.2 per cent this year to reach $860 psf.

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