14 Mar '18, 1am

Increasing sales volume of resale HDB flats

Sales volume of resale HDB flats have increased by 9.6% but prices have fallen 0.6% for the second consecutive month. Clementi Street 14. Picture: iProperty Buyers paying below market value in some mature estates While the waiting time for resale flats has now been shortened with the new HDB resale portal , so has the waiting time for BTO flats. Analysts consider the lowering resale flat prices in line with the falling prices of 2017. Prices of flats in non-mature estates dipped 1.1% while that of units in mature estates remained steady. That said, buyers have been paying below market price even in popular mature townships such as Ang Mo Kio and Toa Payoh. The winds of change may be at play as these mature estates are commonly in demand, especially by buyers looking for flats near their parents or adult children. On the other hand, Pasir Ris and Serangoon had the most numb...

Full article: https://www.iproperty.com.sg/news/increasing-sales-volume...

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