25 Feb '15, 9am

#singapore #property HDB resale market 2015: Anticipation for an upswing?: 2014 has rai...

#singapore #property HDB resale market 2015: Anticipation for an upswing?: 2014 has rai...

While the prices of resale flats have taken a tumble across the board, each HDB districts were affected differently with some experiencing a greater degree of decline as compared to the rest. Resale flat sellers in two districts in North-Eastern Singapore felt the most pain as a result of prices going south in both the 4 and 5 room unit category. Resale prices for 4 room flats in Sengkang have one of the highest rates of price depreciation at 9.2 percent, with a median valuation of $446,000 between Q1 – Q3 2014. 5-room unit prices performed marginally better, seeing an 8.3 percent fall from a median price of $535,167 to $491,000.

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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