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HDB resale flat volume falls 78% in April; only 423 units changed hands
Transactions could be a historical low due to circuit breaker measures that curbed house viewings, say observers
Add BT as a preferred sourcePublished Fri, May 8, 2020 · 09:50 PM
Singapore
HOUSING and Development Board (HDB) resale flat volumes plummeted by 78.3 per cent in April from March to levels that observers said could be a historical low, as circuit breaker measures put in place to stem the spread of the novel coronavirus curb house viewings.
Just 423 flats changed hands last month - also 78.1 per cent lower than in April last year, SRX estimates showed on Friday.
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