Resale volume of Housing Board flats up 8.1% in May, prices down 0.1%: SRX

Blocks of housing flats at Bukit Batok Central.
Blocks of housing flats at Bukit Batok Central.ST PHOTO: JAMIE KOH

SINGAPORE - Resale volume for Housing Board flats went up by 8.1 per cent in May, property data portal SRX said in a flash report on Thursday (June 8).

According to resale data it compiled, 1,983 HDB resale flats were sold in May, compared with the previous month's 1,834. Last month's resale volume was also 7.5 per cent higher than in May last year, when 1,844 units were resold.

At the same time, resale prices last month fell by 0.1 per cent compared with April.

The resale prices of five-room HDB flats and executive flats increased by 0.5 per cent and 0.3 per cent respectively, while those of three-room flats remained unchanged. Prices of four-room flats decreased by 0.1 per cent.

Across the board, prices have declined by 11.6 per cent since the peak in April 2013. Since May last year, prices fell slightly by 0.7 per cent.

In May, HDB resale prices in mature estates increased by 0.2 per cent, compared with 0.4 per cent decrease in non-mature estates.