HDB resale prices fell for the first time since 2009, with prices falling 0.9% in Q3 this year. The decrease was registered across all flat types and transaction volume was also lower, falling 13% from the previous quarter. Property analysts attribute this to stricter controls on home loans, coupled with the attractiveness of the BTO flats on offer. Meanwhile, private home prices went up by 0.4% in Q3, lower than the 1% hike recorded in Q2. For more info on: HDB Resale Price Index – bit.ly/167xGjl URA Property Price Index – bit.ly/1c1LJHV
Posted on: Fri, 25 Oct 2013 07:42:58 +0000
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