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More HDB resale flats sold in Oct after policy changes kick in

Higher grants for first-time buyers took effect in September

    Published Thu, Nov 7, 2019 · 09:50 PM

    Singapore

    MORE Housing and Development Board (HDB) resale flats were sold last month compared with previous months after higher grants and income ceilings for first-time buyers took effect in September.

    In all, 2,213 HDB resale flats changed hands, an 18 per cent increase from September, real estate portal SRX Property said on Thursday. Compared with a year ago, the resale volume was 10.6 per cent higher.

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