Published:
HDB resale prices down 1.8% in September
1,638 resale flats were sold within the month.
HDB resale prices dipped 1.8% YoY and 0.3% MoM in September.
According to Singapore Real Exchange (SRX), resale prices of HDB 3 and 4 rooms have also declined by 0.5% and 0.6%, respectively.
HDB executive resale costs also dropped 1.5%.
Meanwhile, prices of HDB 5 rooms inched up by 0.1%.
According to the SRX property price sub-indices, HDB resale prices in mature estates grew 0.1% YoY, whilst those in non-mature estates dipped 3.3% YoY.
SRX added that prices have decreased by 12.3% since the peak in April 2013.
Moreover, 1,683 resale flats have been sold for the month, 14% lower than the 1,957 units transacted in August.
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