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HDB resale prices up 0.7% in July; volume down 13.7%: SRX

Weak resale prices due to "quieter school holiday period", but no clear reason for steep drop in transactions: consultants

Published Thu, Aug 4, 2016 · 09:50 PM

    Singapore

    RESALE prices of Housing & Development Board (HDB) flats rose 0.7 per cent in July compared to June, according to the SRX Property data released on Thursday.

    But in terms of transactions, resale volume fell 13.7 per cent to about 1,573 flats last month, from about 1,823 units in June. This compared to a 0.6 per cent drop in resale prices in June, as transaction volume held steady.

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