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HDB resale market 'resilient' in February

Fewer flats changed hands than in January, but resale prices were higher, despite CNY lull and virus outbreak

Published Thu, Mar 5, 2020 · 09:50 PM

Singapore

THE Housing and Development Board's (HDB) resale market remained robust in February despite experiencing a seasonal dip from January. Fewer flats changed hands in February than in January, as prices inched up by 0.7 per cent.

In all, 1,668 HDB resale flats were sold last month, 13.1 per cent fewer than in January, flash estimates from real estate portal SRX showed on Thursday.

The figure reversed the 3.3 per cent increase in Janua…