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HDB resale prices down 0.5% in July: SRX

Divergence in direction of SRX and HDB indices in Q2 seen by consultants as signalling stabilising prices

Published Thu, Aug 6, 2015 · 09:50 PM

Singapore

THE 0.5 per cent drop in the resale prices of Housing & Development Board (HDB) flats in July from the previous month, based on SRX Property's latest flash estimates released on Thursday, still points to increased price stability of resale flats, though not necessarily a sooner sustainable price rebound, consultants say.

And with SRX revising its June index to reflect no change on a month-on-month…

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