28 Jan '13, 11am

HDB resale prices seen remaining stable

http://www.businesstimes.com.sg/arch...table-20130126 Published January 26, 2013 HDB resale prices seen remaining stable The latest round of property-cooling measures will put a lid on price increases, say consultants By Mindy Tan EVEN as prices of resale flats hit new peaks in the fourth quarter of 2012, consultants say that prices should remain stable in the coming year, following the seventh round of cooling measures. The Housing & Development Board's (HDB) Resale Price Index rose 2.5 per cent over the previous quarter to breach the 200-point price-index mark to hit 202.9 in the fourth quarter, resulting in a 6.6 per cent increase in resale flat prices for the whole of 2012. According to HDB's data, Bukit Merah had the highest median resale price for a five-room flat at $765,000; Queenstown fetched the highest median price for a four-room flat at $710,000. While this dr...

Full article: http://forums.condosingapore.com/showthread.php?p=362886#...

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