Headwinds expected to continue for HDB resale flats: consultants

Singapore

THE resale prices of Housing & Development Board (HDB) flats are likely to continue to face headwinds despite the slowing depreciation of the resale price index which seems to indicate growing stability in the public housing market.

The HDB Resale Price Index dipped 0.3 per cent in the third quarter of this year, the smallest drop since the index started to fall in Q3 2013, according to the flash estimate for Q3 released on Thursday.