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Fewer HDB flats resold in November but at higher prices

This is according to SRX Property data; R'ST Research says the general trend is towards stabilisation

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Mr Ong of R'ST Research thinks that the slight uptick in Nov could be a trickle-down effect from the exuberant demand for the recent batch of BTO flats launched by HDB, such as these for Bidadari.

Singapore

HDB resale prices rose a slight 0.2 per cent in November compared to October this year, driven by a 0.8 per cent price increase in mature estates, versus a 0.3 per cent dip in non-mature estates.

But resale volume fell in November. According to HDB resale data compiled by

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