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Author: leahlim   |   Latest post: Fri, 16 Apr 2021, 4:25 PM

 

Prices for HDB resale flats rise 2.8% q-o-q in 1Q2021: flash estimates

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SINGAPORE (EDGEPROP) - Prices for HDB resale flats rose by 2.8% q-o-q in Q12021, according to flash estimates released by the Housing & Development Board (HDB).
HDB resale prices are now inching closer to the peak price in 2Q2013, observes Christine Sun, senior vice president of research and analytics at OrangeTee & Tie. Prices last quarter were just 5% lower than the highest price recorded in 2Q2013, she adds. “At the current pace of price growth, a new peak may be formed by the second half of this year."
 
 
 
 

 

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