Singapore’s HDB resale prices, volume fall in January: SRX

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SINGAPORE — Resale prices and volume of Housing and Development Board (HDB) flats decreased in January compared to December 2016, according to a SRX flash report released on Thursday.

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HDB resale prices fell 0.3 per cent month-on-month. The resale prices of HDB 3-room and 4-room flats went down by 0.6 and 0.5 per cents, respectively. Those of HDB 5-rooms and HDB executive flats went up by 0.4 and 0.9 per cent, respectively.

HDB resale prices in mature estates decreased by 0.7 per cent, while those in non-mature estates remained the same in January.

In terms of resale volume, some 1,174 HDB resale flats were sold last month, a 13.9 per cent decrease from the 1,364 units transacted in December 2016.

Source: http://www.businesstimes.com.sg/real-estate/singapores-hdb-resale-prices-volume-fall-in-january-srx

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