Market Chatter: Singapore's HDB Resale Prices Jump 9.3% in April

MT Newswires
08 May

Singapore's Housing Development Board's (HDB) resale price were up 9.3% year over year during April, according to a report by the Singapore Business Review, citing data from SRX and 99.co.

Prices for three-room flats jumped 10% while those for executive flats were up 6.5%, the report said.

Resale prices rose 0.7% compared to the previous month, the report noted.

Resale transactions totaled 2,309 units, up 20.8% from March, the report added.

There was also an increase in million-dollar HDB transactions with 141 flats changing hands for at least SG$1 million, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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