SUBSCRIBERS

HDB Q2 resale transactions jump 32.5% despite flat prices

More homeowners are also subletting, with the number of flats being sublet rising 0.3% to 53,540 units

Published Fri, Jul 28, 2017 · 09:50 PM

Singapore

PUBLIC housing data for the second quarter (Q2) of the year showed resale flat prices inching down 0.1 per cent - dipping lower than the index in first quarter (Q1). It dwindled from 133.9 in Q1 to 133.7 in Q2.

Despite that, the Housing and Development Board (HDB) resale market saw a spike in transaction volume in the last quarter, it said in a press release on statistics for its resale and rental market in the second quarter of the year.

BT is now on Telegram!

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