HDB resale prices still sliding

Romesh Navaratnarajah • 1 Apr 2015

HDB resale flats

HDB resale flat prices declined 1.0 percent in Q1 2015 from the previous three month period, according to flash estimates from the housing board.

But prices fell at a slower pace compared to the previous four quarters, the data showed.

More detailed public housing data for Q1 will be released later this month.

Meanwhile, 4,040 Build-to-Order (BTO) flats in Clementi, Punggol North, Sembawang and Tampines will be offered next month. About 5,000 flats will be made available in a concurrent Sale of Balance Flats exercise.

 

 

HDB resale price index

Source: HDB

 

Romesh Navaratnarajah, Singapore Editor at PropertyGuru, wrote this story. To contact him about this or other stories email romesh@propertyguru.com.sg

POST COMMENT

You may also like these articles

Condo prices fall at slower pace

Prices of non-landed private homes continued to drop in February 2015, but the overall pace of decline has slowed compared to the previous month, revealed flash estimates of the NUS Singapore Resident

Continue Reading • 31 Mar 2015

GCB prices holding firm on limited supply

Despite the depleting sales of good class bungalows (GCBs) amid a depressed real estate market, prices of these ultra-luxury homes have held firm, according to property agency ERA Realty. Between 2

Continue Reading • 31 Mar 2015

Private home prices down 1.1%

Prices of private residential property fell 1.1 percent in the first quarter of 2015, according to flash estimates of the Urban Redevelopment Authority (URA) property price index. This is the sixth

Continue Reading • 1 Apr 2015