HDB resale flat prices, transactions ease in April: SRX Property data

THE prices and transaction volumes of Housing & Development Board (HDB) resale flats eased in April 2017, latest SRX Property flash estimates show.

SRX Property's price index for HDB resale flats fell 0.3 per cent last month over March 2017 - reversing the 0.3 per cent month-on-month gain posted in March 2017.

Year on year, the price index also declined 0.3 per cent from April 2016. From the peak in April 2013, the index has slipped 11.4 per cent.

Data compiled by SRX Property estimated that the volume of HDB flats resold shrank 4 per cent to 1,834 flats in April 2017 from 1,910 units in March 2017. Year on year too, the figure was 0.9 per cent lower than the 1,850 units resold in April 2016.

The resale volume was down 49.7 per cent from the peak of 3,649 units in May 2010.