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HDB resale volume in October highest this year: SRX

Recent rule changes may have boosted deals; volume in November may be dented by BTO launches

Kalpana Rashiwala

Published Thu, Nov 5, 2015 · 09:50 PM

Singapore

RECENT changes in rules benefiting buyers of HDB flats could have helped pushed up transactions of public housing flats in the resale market last month even as prices were generally unchanged.

Flash estimates for October released by SRX Property show that the number of resale HDB flats sold rose 16 per cent to 1,745 from 1,504 in September. This is the highest monthly volume so far this year, it noted.