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January's marginal rise in HDB resale prices a blip, say property consultants

Compared to a year ago, HDB resale prices still marked a drop of 5.7 per cent and 9.4 per cent from the peak in April 2013, according to SRX flash estimates. Strong interest for the Pinnacle @ Duxton in January could have lifted overall resale prices.


PRICES of HDB resale flats registered a marginal 0.6 per cent month-on-month rise in January, going by flash estimates from the Singapore Real Estate Exchange (SRX), but property consultants noted that this does not signal a turnaround of the market.

"The increase has