HDB resale prices dip 0.3% in Feb, volume falls
Resale transactions down 8.5% from January; expert attributes this to strong BTO supply and post-holiday lull
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Singapore
HDB resale prices were down 0.3 per cent in February compared to January, according to the SRX Property Price Index for HDB Resale. And resale transactions fell 8.5 per cent to about 1,074 HDB resale flats sold in February, down from 1,174 transacted units in January.
But property consultants remain confident that HDB prices have reached a price equilibrium and continue to be stabilising.
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