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HDB sees resale prices slipping 1.5% for 2017

Flash estimates show final quarter dip of 0.2 per cent; annual drop is steeper than 2016's decline of 0.2 per cent

Real estate agency ERA said it expects resale flats to be popular among buyers who are not eligible for new flats or have urgent housing needs.


HDB resale prices edged down 0.2 per cent in the final quarter of last year, making for a full-year price drop of 1.5 per cent, according to flash estimates from the Housing & Development Board (HDB) on Tuesday.

This means the decline in HDB resale prices last year...

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