HDB resale prices down 0.2% in Q3, reversing uptick in Q2

Singapore

HDB resale prices declined 0.2 per cent in the third quarter of this year from the previous three months, returning to the downtrend after a brief flirt on the upside, going by official flash estimates released on Monday.

Prices of resale HDB flats had inched up 0.1 per cent in the second quarter of this year from the previous quarter - their first increase after nine quarters of decline - raising expectations that HDB resale prices may have bottomed out.