Demand for HDB resale flats remains strong


Rising prices: Private condominiums and HDB flats in the eastern part of Singapore. Market sentiment could be slowly recovering since the virus outbreak is stabilising. — Bloomberg

SINGAPORE: Sales of Housing and Development Board (HDB) resale flats remained strong in August while prices grew at the fastest monthly rate since February.

There were 1.4% fewer HDB resale flats sold in August compared with July, but this volume was 23.5% higher than in the same month last year.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Demand , HDB , flats , prices , ERA Realty , SRX ,

   

Next In Business News

Ringgit ends lower on firmer US dollar index
Artroniq sells Penang property for RM1.8mil
Digital banks will not affect traditional banks in Malaysia
Dufu sees rise in global semiconductor sales and memory sector
MICCI, Penang work together to boost competitiveness in semiconductors, ports, trade
VSTECS appointed as the first Amazon Web Services distributor in Malaysia
Apple’s China iPhone shipments soar 12% in March after discounts
KLCI dips on profit taking, stays firmly above 1,600 level
Contentious content
Swedish central bank lowers key rate, sees two more cuts this year

Others Also Read