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
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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