123 views

HDB resale prices up by 0.3% MoM in May

Year-on-year, overall prices increased by 7.7%.

Prices of HDB resale flats slightly increased by 0.3% month-on-month (MoM) in May, with the overall prices reflecting 7.7% in the same period last year.

In a report, 99.co and SRX said mature and non-mature estates rose by 0.7% and 0.3%, respectively.

READ MORE: Singapore’s HDB units named most affordable public housing in APAC

Per room types, the three-room prices posted the highest increase by 0.8% MoM, followed by four-room flats which rose by 0.7%, and Executive prices by 0.6%.

On the other hand, five-room prices declined by 0.6%.

Compared to the same period last year, mature estates prices were up by 7.3%, whilst non-mature assets rose by 8.1%.

Prices for three-room flats increased by 7.2%, four-room by 8.3%, five-room by 7.4%, and Executive by 9.7%.

Follow the links for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!