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HDB resale flats up 0.2% in February: SRX Property

Same magnitude of rise seen in both mature, non-mature estates; but year-on-year prices still 0.6% lower

Singapore

Stronger signs of stabilising resale prices for Housing & Development Board (HDB) flats were reflected in the latest flash estimates by SRX Property in February, which showed resale prices inching up 0.2 per cent from a month ago.

The increase was seen in both mature and non-mature estates where resale prices rose by the same magnitude. On the whole, however, HDB resale prices were still 0.6 per cent lower than a year ago and 10.9 per cent below the peak in April 2013. There was no revision...

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