HDB resale flat prices inch up 0.1% month on month in Sept: SRX

Singapore

SRX Property's price index for Housing & Development Board (HDB) resale flats crept up 0.1 per cent month on month in September based on SRX's flash estimate released on Thursday.

This contrasts with a 0.7 per cent month-on-month fall in August.

The index for last month was down 0.4 per cent year on year and also 11.4 per cent below the peak in April 2013.

According to data compiled by SRX Property, the volume of HDB resale transactions in September shrank 11.3 per cent to 1,666 resale flats from 1,879 flats in the preceding month…