HDB Q3 resale price index down 0.3%

PRICES of resale Housing Board (HDB) flats declined at a slower pace compared with previous quarters, preliminary data shows.

According to HDB's flash estimates released on Thursday, the resale price index dipped 0.3 per cent, compared with 0.4 per cent the previous quarter.

HDB added that it will offer 7,000 Build-To-Order flats in Bidadari, Bukit Batok, Choa Chu Kang, Hougang, Punggol Northshore, and Sengkang in November. About 5,000 flats will be offered in a concurrent Sale of Balance Flats exercise.