HDB resale prices slipped 1.7% in Q3

Resale transactions climbed 2.8%.

The Housing and Development Board (HDB) today revealed that prices of resale flats fell by 1.7% in the third quarter, while resale transactions increased by 2.8% from 4389 cases in Q2 to 4513 cases in Q3.

Rental transactions increased by 5.5% from 8455 cases in Q2 to 8923 case in Q3. The total number of HDB flats approves for subletting rose by 1.5% from 47,015 units in Q2 to 47,707 units in Q3.

In November, HDB will offer about 4290 BTO flats in Sembawang, Sengkang, Tampines and Yishun. An additional 3000 flats will be offered in a concurrent SBF exercise.

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