But number of units sold fell 13.5% to 19,150 last year: URA
The private housing market went in two directions last year - while prices inched north, the number of sales took a sharp turn south.
The price rise was modest - up 2.7 per cent for the whole of last year - although it did beat flash estimates of a 2.5 per cent gain.
But the decline in the number of private residential units sold was more striking - down 13.5 per cent to 19,150, Urban Redevelopment Authority (URA) data said yesterday.