HDB resale prices slipped 5.7% in February

Prices in non-mature estates saw the largest drop.

Data from SRX Property released today showed that HDB resale prices registered a 5.7% year-on-year decline in February.

Prices in mature estates slipped by 3.2% year-on-year while those in non-mature estates dropped 7.6%.

On a month-on-month basis, HDB resale prices dropped by 0.6%, following a 0.6% month-on-month uptick in January.

The price drop was driven by HDB 3 Room, 4 Room and Executive Flats whose resale prices decreased by 1.2%, 0.6%, and 0.4%, respectively. The resale prices for HDB 5 Room remained unchanged from Jan 2015.
 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Top News

SDAI secures up to $600,000 loan facility
The proceeds will be used to fund prepayment or payment for AKG products.
Markets & Investing
FairPrice extends $6 return voucher offer to 21 June
The extension covers the group’s third voucher round this year. 
Retail
IMDA ramps up AI push as short-form platforms dominate
The agency's $48m programme backs capability upgrade as viewing habits move mobile-first platforms.
Media & Marketing