Housing

Worries over sky-high prices

Prices for private non-landed homes, which comprise the bulk of private transactions, have come down 3.6 per cent since the peak in the third quarter of 2013.
Prices for private non-landed homes, which comprise the bulk of private transactions, have come down 3.6 per cent since the peak in the third quarter of 2013.ST FILE PHOTO

It sounds like a rosy picture on the housing front: Housing Board resale prices have come down 11.8 per cent since their peak five years ago.

And it is also cheaper to live under that roof, compared with five years ago.

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A version of this article appeared in the print edition of The Sunday Times on August 19, 2018, with the headline 'Worries over sky-high prices'. Print Edition | Subscribe