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Demand for HDB resale flats remains strong in August: SRX

2,435 units sold last month; prices grow at fastest monthly rate since February

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According to OrangeTee & Tie's Christine Sun, the HDB resale market remained strong last month despite the Hungry Ghost Festival from Aug 19 to Sept 16, which typically sees lower sales activity.

Singapore

SALES of Housing and Development Board (HDB) resale flats remained strong in August while prices grew at the fastest monthly rate since February.

There were 1.4 per cent fewer HDB resale flats sold in August compared with July, but this volume was 23.5 per cent higher...

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