Agent.sg / Property news / HDB resale prices up 0.6% in November in biggest month-on-month rise this year: SRX

HDB resale prices up 0.6% in November in biggest month-on-month rise this year: SRX

Fresh property news selection on December 05. 2019, Thursday.

Today's news selection contains the latest real estate related stories. Do you own a real estate/property/finance blog or news site? Send the URL to [email protected] so our editors can use them as sources.


Housing Board resale prices have notched their biggest month-on-month increase this year despite a smaller number changing hands, according to flash data from real estate portal SRX Property on Thursday.

Resale prices, which through most of 2019 have moved within a -0.2 to +0.2 per cent range, rose 0.6 per cent in November from October. It is the biggest monthly increase since January's 0.5 per cent rise from December.

Compared to November last year, resale prices are up by 0.4 per cent, though they are still off by 13.8 per cent from their peak in April 2013.

Prices in non-mature estates rose by 2 per cent year on year. Those in mature estates fell 2 per cent.

Compared to October, three-room, four-room and executive flats saw price increases of 0.1 per cent, 1.2 per cent and 1.1 per cent, respectively, while prices of five-room flats fell by 0.1 per cent.

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