HDB resale volume dips by 4.4% in April

This comes as the prices of those resales continue to rise for the tenth month in a row.

HDB resale transactions fell by 4.4% to 2,340 from 2,448 in March 2021 but resale prices continue to steadily rise for the tenth consecutive month.

According to the SRX Property Price Index for HDB Resale, resale price increased by 1.2% in April MoM. Overall price increased by 10.8% YoY.

The April 2021 prices are just 3.7% shy from peak April 2013 prices, the report said.

Meanwhile, prices on all room types have increased in April YoY with 3-Room increasing by 13.5%, 4-Room by 10.4%, 5-Room by 9.1% and Executive by 10.8%.

Mature and Non-Mature Estates prices increase by 9.4% and 11.8% respectively from a year ago.