Prices of Housing Board (HDB) resale flats dipped slightly for the second month running, but the volume of flats sold increased.
February’s prices fell 0.6 per cent compared with January prices, according to SRX flash estimates yesterday. January prices had also fallen 0.5 per cent from last December’s prices.
The dip in prices is in line with falling prices throughout last year. One of the biggest selling points of resale flats is getting the keys within weeks. But reducing the waiting time for Build-To-Order flats might draw demand away from the resale market.
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