SUBSCRIBERS

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
Share this article.

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.

The price declines were largely within expectations, consultants say, as the dampening factors of a loan curb, purchase restrictions on Singapore permanent residents and an increase…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here