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HDB resale prices in May edge up 0.2% from April: SRX

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HDB resale prices registered a slight 0.2 per cent lift in May compared with a month ago, data from SRX Property on Thursday showed.

HDB resale prices registered a slight 0.2 per cent lift in May compared with a month ago, data from SRX Property on Thursday showed.

Resale prices of four-room flats fell, while that of three-room flats, five-room flats, and executive flats rose.

This comes amid flat growth in resale volume. Some 1,826 HDB resale flats were sold in May 2016, comparable to the 1,828 units transacted in the previous month.

From a year ago, HDB resale prices were flat, with prices having declined by 10.9 per cent since the peak in April 2013. HDB resale volume from a year ago has increased by 15.9 per cent, compared with 1,575 units resold in May 2015. Still, since the peak of May 2010, resale volume has halved.

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