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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.

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