HDB resale volume jumps almost 30% in second quarter

Singapore

THE number of Housing and Development Board (HDB) resale flats that changed hands in the second quarter of 2019 grew nearly 30 per cent as compared with the first three months of the year, latest public housing figures showed.

There were 6,276 resale transactions in the second quarter of the year, up 29.8 per cent from the 4,835 deals in the first quarter, according to the HDB, which released the data on Friday.