Property News · January 2, 2018

HDB resale flat prices down 1.5% in 2017


Resale flat prices continue to drop.
Prices of HDB resale flats fell by 0.2 percent in the fourth quarter of 2017, following a 0.7 percent decline in the previous quarter, according to latest flash estimates of the Resale Price Index (RPI) released by the Housing Board on Tuesday (2 January).
For the whole year of 2017, resale flat prices dropped by 1.5 percent. 
In 2018, about 17,000 new flats will be launched for sale. The first Build-To-Order (BTO) exercise will take place in February, where some 3,600 flats in Choa Chu Kang, Geylang, Tampines and Woodlands will be offered to home buyers, said the HDB.
 
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 1.5% in 2017

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