HDB resale prices expected to reach bottom of price cycle soon

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Published Fri, Jul 24, 2015 · 09:50 PM

Moderating decline

Singapore

WITH final figures from the Housing & Development Board (HDB) confirming a 0.4 per cent drop in HDB resale prices here in the second quarter, property market watchers believe that the public housing market is on track to reach the bottom of the price cycle soon.

The price fall during the second quarter was most moderate across the eight straight quarters of decline and followed a one per cent drop in resale prices during the first quarter.

HDB

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