HDB resale prices rise in August to just 0.1% below peak; record high of 26 million-dollar flats sold: SRX
September prices are likely to hit a record high as strong demand continues to outstrip flat supply
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
HOUSING Board resale prices rose for the 14th consecutive month, climbing at a faster pace of 1.1 per cent in August compared with July, according to flash data from real estate portal SRX on Thursday.
Prices are just 0.1 per cent off the peak in April 2013 according to SRX data, which means September prices are likely to hit a record high as strong demand continues to outstrip flat supply.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.