Prices of HDB resale flats climb in April

Sales growth: A view of apartment buildings in Singapore. Analysts say the rebound in demand for resale flats, which helped to prop up prices, could be attributed to the less frequent Build-to-Order and Sale of Balance Flats exercises. — AFP

SINGAPORE: Prices of Housing and Development Board (HDB) resale flats climbed 0.9% in April, and more units were sold as the market picked up following a dip the month before.

HDB resale flat prices grew at a quicker pace in April than the 0.3% rise in March, flash data from real estate portals Singapore Real Estate Exchange (SRX) and 99.co showed.