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HDB resale volume may rebound as prices dip

With fewer new BTO flats and stabilising resale flat prices, more buyers with immediate housing needs may buy from the resale market instead of waiting for three to four years for a BTO flat to be completed.

THE total number of resale HDB transactions for 2014 was just 17,318 units - a further decrease of 4.3 per cent from the already low 18,100 units transacted in 2013 and less than half the 37,205 units transacted when the resale volume peaked in 2009.

Historically, this was the lowest