HDB resale prices down 0.3% in Q3

This is the ninth straight quarter of decline.

Resale prices of HDB flats continued to trend lower in the third quarter, with the HDB resale price index (RPI) dropping to 134.6 from 135.0 points.

Flash estimates from the HDB show that the RPI slipped 0.3% in Q3, a slower pace of decline compared 0.4% in the previous quarter.

According to HDB, it will offer about 7,000 build-to-order flats in November. It will also offer 5,000 flats in a Sale of Balance Flats exercise.

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