HDB resale volumes slide 22% in February but prices continue to climb: SRX, 99.co
Decline in volume due to slower market activity over Chinese New Year, viewing restrictions: analysts
Singapore
RESALE volumes of Housing Board (HDB) flats slid 22 per cent month on month to an estimated 1,904 transactions in February 2022, according to flash estimates released by SRX Property and 99.co on Thursday (Mar 10).
This marks the first time volumes fell below the 2,000-unit mark since May 2021 - which saw 1,966 flats changing hands.