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Rate of HDB resale price decline slows in Q1

HDB flash estimates show resale prices fell 1% in the quarter - the smallest decline in 11/2 years

Published Wed, Apr 1, 2015 · 09:50 PM

Singapore

RESALE prices of public housing flats fell one per cent in Q1 2015 from Q4 2014, according to flash estimates released by the Housing and Development Board (HDB) on Wednesday.

This was the seventh straight quarter of price decline, culminating in a 9.2 per cent drop in resale price index over seven quarters, noted SLP International executive director Nicholas Mak.

But the one per cent price decline is actually the sma…

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