Singapore HDB resale prices slipped 0.5% in Sept: SRX

HOUSING and Development Board (HDB) resale prices could have fallen in an eighth consecutive month, going by flash estimates from the Singapore Real Estate Exchange (SRX).

The data shows HDB resale prices dipped 0.5 per cent in September from the earlier month, dragged down by price declines in three-room, four-room and five-room resale flats. Executive flat prices bucked the trend by inching up 0.1 per cent.

In terms of resale volumes, some 1,469 HDB resale flats were estimated to be sold in September, a 10.7 per cent increase from the 1,327 transacted units in August. This also marked a 19.9 per cent increase from a year ago.