This is an 8.1% increase from the previous month.
This chart from SRX Property shows that there are 1,983 HDB units resold in May, 8.1% higher than that of the previous month.
This reversed the month-on-month decline in number of units resold seen in April when there were only 1,834 units that were snapped up.
Meanwhile, resale volume in May was 7.5% higher compared to last year's 1,844.
HDB resale volume went significantly higher in March, up 1,910 from February's 1,089. Since November last year, resale volumes had been on a downtrend.
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