HDB resale volumes, prices ease in April: SRX

Singapore

PRICES as well as transaction volumes of Housing & Development Board (HDB) resale flats fell last month, according to the latest flash estimates from SRX Property. Its price index for HDB resale flats fell 0.3 per cent last month over March 2017 - reversing the 0.3 per cent month-on-month gain posted in March 2017.

Year on year, the price index also shed 0.3 per cent from April 2016. From the peak in April 2013, the index has slipped 11.4 per cent.

The subindex tracking prices of flats in mature estates has eased 0.2 per cent year on year - compared with a 0.4 per cent fall in …