HDB resale volumes recover in March as prices rise for 21 straight months: SRX, 99.co

Singapore

RESALE volumes for Housing and Development Board (HDB) flats recovered in March this year, as some 2,269 flats were transacted, representing a 19.2 per cent increase from the month before, according to flash estimates from property portal SRX and 99.co

This comes after a 22 per cent slide in resale volumes in February, which analysts had attributed to slower market activity over the Chinese New Year festive period. On an annual basis, HDB resale volumes fell 7.3 per cent.