HDB resale prices down 0.3% in Dec, 0.2% in 2016: SRX (Amended)

Singapore

HDB RESALE prices slipped 0.3 per cent in December from a month ago, pulled down mainly by the declines for bigger flats, flash estimates from SRX Property show.

This translated to a 0.2 per cent drop for the whole year and 10.9 per cent from the peak of the SRX resale index in April 2013. Resale prices in mature estates rose by one per cent for the whole year, compared to the 1.2 per cent drop in non-mature estates.