Market Pulse Ep 4: HDB Resale Market Performance Q3 2020

HDB resale market posted a stunning rebound as sales volume rose by 127.3 per cent quarter-on-quarter to 7,787 unit in Q3. The pandemic and economic uncertainties have not stopped the upgrading aspirations of Singaporeans as sales of new flats continue to rise this year. The HDB Resale Price Index climbed higher by 1.5 per cent when compared to the preceding quarter. Prices of resale flats rose across many housing estates last quarter, indicating that the price increase was rather broad-based.

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