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HDB resale volume up 19.5% in August: SRX

Prices slip 0.7% with much of the drag coming from 3-room and 5-room flats

Published Thu, Sep 8, 2016 · 09:50 PM

Singapore

HDB resale transactions in August rose 19.5 per cent to 1,879 flats, compared to a month ago as prices slipped 0.7 per cent, according to estimates by SRX Property.

The price dip reversed a 0.7 per cent month-on-month increase in HDB resale prices in July in a continued streak of monthly fluctuations seen this year.

R'ST Research director Ong Kah Seng noted that the HDB res…