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HDB resale prices up 1.1% in April
May 5, 2023
HDB resale prices up 1.1% in April Singapore
By   shicheng news
  • City News
  • HDB Resale
  • HDB Resale Price
  • HDB Transaction
Abstract: Unofficial estimates show that overall local HDB resale prices rose by 1.1 per cent month-on-month last month, while transaction volumes fell by around four per cent.

Estimates from SRX and 99.co, the real estate market trading networks, show that HDB resale prices in mature and non-mature HDB areas rose by 1 per cent and 0.8 per cent respectively in April compared to the previous month.

 

By type of HDB flat, resale prices of five-bedroom HDB flats rose the most, by 1.9 per cent, while flat HDB flats rose by 1 per cent.

 

Three-bedroom and four-bedroom HDB flats also rose by 0.7 per cent and 0.3 per cent respectively.

 HDB resale prices up 1.1% in April

When compared to the same period last year, the overall resale price of HDB flats rose by 8.4% last month.

 

In terms of transaction volume, an estimated 2,188 units were resold last month, 4.3 per cent less than the previous month and 3.7 per cent less year-on-year.

 

A total of 37 HDB flats were resold for at least $1 million last month, two fewer than the previous month.

 

Of these, eight units in Toa Payoh were sold for more than a million dollars. Six each were sold in Bishan and Kallang Whampoa; and five in Central District.

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HDB resale prices up 1.1% in April
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