Property News · July 28, 2017

HDB resale flat prices down 0.1% in Q2


View of HDB flats in Toa Payoh.
Prices of resale flats fell 0.1 percent in the second quarter of 2017 from the previous three-month period, according to the latest HDB Resale Price Index.  
Resale flat transactions rose 32.5 percent to 6,001 cases in Q2, from 4,530 cases in Q1.
Meanwhile, the number of subletting applications approved rose 9.5 percent quarter-on-quarter to 10,929 cases in Q2.
As at 30 June, there were 53,540 HDB flats being sublet, up 0.3 percent from Q1.
In August, the Housing Board will launch about 3,850 Build-To-Order flats in Bukit Batok and Sengkang, as well as 1,394 balance flats.   
 
Romesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories, email romesh@propertyguru.com.sg

Source : proppertyguru.com.sg/Property Market
Read more…HDB resale flat prices down 0.1% in Q2

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