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SRX: HDB Sept resale prices down again

Flash estimates show 8th straight month of falls; but transaction volumes are up

Published Thu, Oct 9, 2014 · 09:50 PM

Singapore

HOUSING and Development Board (HDB) resale prices could have fallen in September for an eighth consecutive month, going by flash estimates from the Singapore Real Estate Exchange (SRX).

Its data shows HDB resale prices dipped 0.5 per cent last month from August, dragged down by price declines in three-room, four-room and five-room resale flats, which retreated 0.2 per cent, 0.2 per cent and 1.6 per cent respectively.