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HDB resale volume up 16.5% in April, resale prices slip 0.4%: SRX

Observers say the property market usually ramps up in Q2; also, older flats are now attractively priced

A market watcher says owners of units in mature estates may have accepted lower price offers because of competition from newer units hitting the five-year mark, making them eligible for sale.


THE volume of Housing and Development Board (HDB) resale flats changing hands rose by 16.5 per cent in April from the previous month, while prices eased slightly.

According to flash estimates from real estate portal SRX Property on Thursday, 1,931 resale flats were sold...

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