HDB resale prices dip 0.1% in Q2; market seen stabilising

Singapore

RESALE prices for public housing dipped 0.1 per cent in the second quarter, moderating from a 0.5-per-cent decline in the first quarter of the year.

Analysts continue to see a stabilising trend in the resale housing market, with increased transactions as well as a steady supply of build-to-order (BTO) flats moderating price movements. They also anticipate a flattish price trend for the full year.