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HDB resale prices continue slide, down 1.6% in Q1

Downtrend expected to stretch further; but subletting deals hit record for a quarter

Singapore

RESALE prices of public flats slipped for the third consecutive quarter, and analysts expect this downtrend to continue amid market caution and a large supply of new flats coming onstream.

Data from the Housing and Development Board (HDB) showed that resale prices in the...

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