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HDB resale prices rise in August to just 0.1% below peak; record high of 26 million-dollar flats sold: SRX

September prices are likely to hit a record high as strong demand continues to outstrip flat supply

Published Fri, Sep 10, 2021 · 05:50 AM

Singapore

HOUSING Board resale prices rose for the 14th consecutive month, climbing at a faster pace of 1.1 per cent in August compared with July, according to flash data from real estate portal SRX on Thursday.

Prices are just 0.1 per cent off the peak in April 2013 according to SRX data, which means September prices are likely to hit a record high as strong demand continues to outstrip flat supply.

With more construction delays expected, resale fl…