108 views
Photo by Eduard via Unsplash.

HDB Q3 resale volumes lowest in three years

A total of 6,592 HDB flats were resold during the quarter, HDB said.

A total of 6,592 HDB flats were resold in the third quarter of 2023, 2.9% higher than in Q2– but 9.7% lower than the same period last year, when 7,298 flats were resold.

This is the lowest Q3 resale volume since 2020, HDB’s flash estimates said.

The Resale Price Index (RPI) is 178.4 for Q3, 1.2% higher than in Q2, although slower than the 1.5% growth during the past quarter.

ALSO READ: HDB resale prices rise 7.2% YoY in August

The RPI is also lower than the average quarterly growth of 2.5% in 2022.

The RPI provides information on the general price movements in the resale public housing market.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Singapore’s new law weaves safety net for gig workers
Gig workers will be enabled to secure their retirement, benefit from improved workplace safety, and gain greater visibility within the industry.
HR & Education
Here’s how Gen Z consumer preference reshapes APAC’s marketing landscape
Gen Z consumers are observed to purchase based on pleasure and purpose, whilst being conscious of cost and convenience.

Event News

Event News

SBR National Business Awards 2024 Winner: Wiseasy Technology Pte Ltd Cards & Payments
Lay Cheng Tan, Co-Founder & Chief Investment Officer, and Mayank Raheja, Managing Director (EMEA & SA) of Wiseasy Technology Pte Ltd, provided insights into preventing fraud and inefficiency with the WiseQ QR Payment Solution.
Cards & Payments SBR National Business Awards 2024 Winner: Wiseasy Technology Pte Ltd
Lay Cheng Tan, Co-Founder & Chief Investment Officer, and Mayank Raheja, Managing Director (EMEA & SA) of Wiseasy Technology Pte Ltd, provided insights into preventing fraud and inefficiency with the WiseQ QR Payment Solution.