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Resale HDB prices continue to rise in November, transaction volume slips
Resale HDB prices continue to rise in November, transaction volume slips Singapore
By   Internet
  • City News
  • resale HDB flats
  • home prices
  • home transactions
Abstract: Overall resale HDB prices continued to rise in November, but transaction volumes declined, according to unofficial data.

Advance data released by real estate market trading networks SRX and 99.co showed that overall resale HDB prices rose 0.9% month-on-month and 10.4% year-on-year in November. Of these, prices of all types of HDB flats except condominium flats generally rose: three-roomed rose 1.3%, while four-roomed and five-roomed flats rose 1% and 0.7%, respectively. However, prices of condominium units fell 2.8% from the previous month.

 

Resale HDB prices continue to rise in November, transaction volume slips


In terms of transaction volume, the total number of HDB flats resold in November was 1,951, down 9.6% from October. In addition, a total of 87 HDB flats were transacted for at least $1 million in November, a decrease of 16 flats from the previous month. The Toa Payoh area had the highest number of million-dollar HDB resale flats, with 20; Redhill and Kallang-Whampoa had 10 transactions each.

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Resale HDB prices continue to rise in November, transaction volume slips
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