HDB resale prices rise for 9th straight month in March
Cash over valuation or COV is in play. The average COV is now between S$30,000 and S$40,000
Singapore
DELAYS in Build-to-Order (BTO) flats, rising private property prices and improving market sentiment drove demand in the Housing Board resale market, sending prices climbing for the ninth straight month.
Resale prices rose 0.8 per cent in March from the month before, according to flash data from real estate portal SRX out on Thursday.
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.