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HDB resale prices continue to dip but volumes are up

July's 0.6% month-on-month fall follows June's 0.2% drop; property exec says volumes will inevitably support prices

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"HDB resale prices have continued to trend lower despite the increase in the CPF Housing Grant..." - Wong Xian Yang, head of research and consultancy at OrangeTee

Singapore

PRICES of Housing & Development Board (HDB) resale flats fell 0.6 per cent in July from the preceding month, based on SRX Property's flash estimate for last month released on Thursday.

This follows a month-on-month decline of 0.2 per cent in June 2017.

SRX

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