HDB resale prices flat in December; volume down 4.3%

HDB resale prices flat in December; volume down 4.3%

SINGAPORE - HDB resale prices remained unchanged in December, while resale volume fell 4.3 per cent from the month before, SRX Property said in a report on Thursday.

While resale prices of HDB 3- and HDB 4- room flats increased by 0.3 per cent and 0.1 per cent respectively, the resale prices of 5- room and executive flats both fell by 0.4 per cent. Resale prices in mature estates increased by 0.2 per cent but decreased by by 0.2 per cent in non-mature estates.

Year-on-year, prices registered a drop of 1.3 per cent from December 2014.

According to SRX Property, a total of 1,404 HDB resale flats were sold in December. This is a 4.3 per cent drop from 1,467 transacted units in November.

Year-on-year, resale volume increased by 8.4 per cent.

ljessica@sph.com.sg

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