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HDB resale prices up for first time in 10 quarters

Prices inch up 0.1% in Q4 2015 from Q3; applications approved for subletting of HDB flats rise 6%

SPECIALISTS' TAKES: PropNex Realty CEO does not believe HDB's enlarged supply of 18,000 BTO flats this year will affect resale demand, going by what happened in Q4 when HDB launched a bumper crop of new flats. ERA Realty Network key executive officer warns that with higher interest rates to come and a further slowdown of Singapore's economy expected, it may be too early to say that the market has turned.


PUBLIC housing resale prices rose by 0.1 per cent quarter on quarter in Q4 2015, culminating in a full-year decline of 1.6 per cent.

This was according to data released by the Housing & Development Board (HDB) on Friday.

It is the first quarterly increase in 10...