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HDB resale prices up for the first time this year

Consultants say October rise not a turnaround sign and expect prices to stay soft due to loan curbs

Published Thu, Nov 6, 2014 · 09:50 PM
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Singapore

HOUSING Development Board (HDB) resale prices rose a slight 0.1 per cent in October compared to September - the first increase so far this year. This was according to flash figures released by SRX on Thursday.

But consultants warned that the increase in resale prices is not likely to be a sign that the market has rebounded. They expect the market to soften further, with loa…

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