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HDB resale flat prices dip for 6th straight month: SRX

Published Thu, Aug 7, 2014 · 10:00 PM
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[SINGAPORE] As expected, HDB resale flat prices fell again for the sixth straight month to hit a low not seen since February 2012, going by figures from the Singapore Real Estate Exchange (SRX).

Prices slipped 0.9 per cent last month, after a 0.8 per cent dip in June - proof that June's fall in prices was not due solely to the school holidays and the World Cup distracting buyers from making home purchases, analysts said. They believe larger factors were at play, chiefly the loan curbs in the form of the mortgag…

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