HDB resale prices edge down 0.2 per cent in April, but more flats change hands
Published on May 8, 2014 12:15 PM
Resale prices of Housing Board flats cooled by 0.2 per cent in April, partly reversing the 0.3 per cent slight rebound in March, according to Singapore Real Estate Exchange (SRX) flash figures on Thursday.
Three-, four- and five-room flats saw prices fall by 0.2 per cent, 0.8 per cent and 0.4 per cent respectively. But prices of executive flats rose by 1.2 per cent. Overall resale prices this April were still 5 per cent lower than in April last year.
Resale volume was the highest in nine months, with 1,484 flats sold.
This was up 4.4 per cent from March. Yet it was still 14.4 per cent lower than the transaction volume in April last year.
To continue reading, log in if you are a subscriber
If you are not a subscriber, you can get instant, unlimited access here