Tag Archives: resale

HDB resale prices fall for first time in 8 years

Resale prices for Housing and Development Board (HDB) flats fell last year by 0.6 per cent, compared to 2012 — the first annual decline in eight years. And in a further reflection of a market chilled by several rounds of cooling measures, HDB statistics released yesterday showed that there were only 18,100 transactions involving resale flats last year, almost 30 per cent fewer compared with 2012, and the lowest since the HDB started collecting the data in 1997.

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