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HDB resale prices in Q1 stay flat

Property consultants continue to believe that the market is 'at a new equilibrium'

Published Fri, Apr 22, 2016 · 09:50 PM
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Singapore

HDB resale prices dipped 0.1 per cent on a quarter-on-quarter basis in the first quarter of 2016, in line with earlier flash estimates.

Property consultants continue to believe that the public housing resale market is "at a new equilibrium" and stabilising.

Resale transactions slumped 10.9 per cent from 4,992 cases in the fourth quarter of 2015 to 4,449 cases in Q1 2016 - although this was expected given the festive season in Februa…

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