HDB resale prices up 0.1% in Dec: SRX

RESALE prices of Housing and Development Board (HDB) flats edged up 0.1 per cent last month, reversing the 0.1 per cent dip recorded in November, according to flash estimates from SRX Property on Thursday.

There was also a near 20 per cent drop in flats changing hands: 1,585 resale units were sold in December, 19.9 per cent fewer than in November.

The number of transactions, while in line with the property market's quieter year-end, was still 14 per cent higher compared to the 1,391 units resold in December 2016.