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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

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An estimated 6,799 flats will be eligible to join the HDB resale market in the next three months as they approach their five-year minimum- occupation period.

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...