Tag Archives: HDB News

Prices of HDB resale flats in Singapore rose to record highs in the third quarter, according to data released on Friday.

The latest data from the Housing and Development Board (HDB) showed that the Resale Price Index rose 3.6 per cent in the third quarter over the previous quarter to 145.2 points.

This has raised concern among some potential homebuyers, who fear that prices may continue to rise.

The last time the HDB resale market saw such high transaction volumes was more than four years ago, in the fourth quarter of 2004. Back then, 11,562 changed hands, compared to the 11,649 seen in the third quarter ended September this year.

ERA Real Estate said the typical quarterly HDB resale volume ranges from 6,000 to 8,000 units at most. Continue reading →

PRICES of HDB resale flats hit another record high in the third quarter, jumping 3.6 per cent over the second quarter.

Prices of resale HDB flats saw an increase of 3.6 per cent. — ST PHOTO: DESMOND WEE

RELATED LINKS  RELEASE OF 3Q 2009 PUBLIC HOUSING DATA

This is higher than HDB’s estimate earlier this month of a 3.2 per cent increase, and comes after HDB resale prices rose 1.4 per cent in the second quarter over the first quarter.

The final third-quarter figures, released by the HDB on Friday, also showed that the number of resale transactions went up 14 per cent between June and September, to 11,649. Continue reading →