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HDB flat resale volume plunges by 41.9% in Q2 amid circuit breaker

HDB rental transactions also fell, with the number of approved applications dropping by 9.1 per cent

Published Fri, Jul 24, 2020 · 09:50 PM

Singapore

HOUSING and Development Board (HDB) flat resale transactions took a plunge in the second quarter of 2020 in light of the circuit breaker measures.

The number of resale transactions fell by 41.9 per cent, from 5,893 flats sold in the first quarter of 2020 to 3,426 flats in the second quarter, HDB data on Friday showed.

Compared to the same period in 2019, resale transactions in the second quarter of 2020 were 45.4 per cent lower.

Singapore's circuit breaker period, where strict safe distancing …

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