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HDB resale prices inch up 0.1% in Q2

Price consolidation over past year expected to lead to a pickup in resale transactions
Saturday, July 2, 2016 - 05:50

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RESILIENT DEMAND: HDB resale flats remain attractive to buyers, with some of them willing to fork out higher sums for well located flats, according to ERA Realty's Mr Lim.

Singapore

FLASH estimates released by the Housing & Development Board (HDB) on Friday showed resale flat prices inching up 0.1 per cent in the second quarter of 2016 - undoing the 0.1 per cent dip in the index in Q1 this year.

Ismail Gafoor, PropNex Realty CEO, noted that the

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