11 Sep '16, 7am

SRX: HDB resale prices dip, delaying market rebound

Resale prices for Housing Board (HDB) flats dipped by 0.7 per cent in August over the previous month, reversing the slight rise in July and further delaying a market rebound. August HDB resale prices were also down 0.2 per cent from a year ago, according to latest flash figures from SRX Property . Last month's price dip was led by that of four-room flats, which slid 1 per cent from July, as well as three- and five-room flats, which both inched down 0.6 per cent. Executive flat prices rose 0.8 per cent. The overall price dip in August was seen across flats in mature and non-mature estates, which decreased by 0.4 per cent and 1 per cent respectively. Since their peak in April 2013, HDB resale flat prices have slid 11.5 per cent, SRX Property data showed. This continues the trend of relatively flat prices over the past year, which experts said dispel any hope of an imminent p...

Full article: http://www.srx.com.sg/singapore-property-news/23412/srx-h...

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