Property
SRX HDB price report for the month of January
By PropInvestSG  •  February 8, 2018
SRX figures show that resale volume in the HDB market has dipped from 1,587 units transacted in Dec 2017 to 1,089 in Jan, based on flash estimates. This represents a 31.4% decline, the largest in magnitude over the last 12 months. The resale price index has also fallen to 132.6 in Jan 2018 from 133.2 in Dec 2017. This represents a month on month decline of 0.5%. Compared to a year ago when the resale price index was 135.1, prices have fallen 1.9%. The trend of declining HDB resale flat prices continues. With prices and volume both declining, it likely suggests that weakness in the HDB resale market is set to continue. Also read: Amber 45 condominium by UOL Broken down by HDB flat types, prices in the HDB 3 room category fell the most at 2.3% on a monthly basis. This was followed by HDB 5 rooms at -1.2%. On ......
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By PropInvestSG
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