HDB resale prices down 6.6% in March

Prices dropped 0.8% on a month-on-month basis.

HDB resale prices posted a 6.6% year-on-year decline in March, data released by SRX Property showed today. On a month-on-month basis, prices 0.8% last month. The price drop was driven by HDB 3, 4 and 5 Room Flats a -0.9%, -1.1%, and -0.5% respectively.

Meanwhile, resale price for HDB Executive Flats increased by 1.0%.

HDB resale prices decreased in both mature and non-mature estates. HDB resale prices decreased 0.9% and 0.8% in mature estates and non-mature estates, respectively.

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