by OrangeTee & Tie Pte Ltd.

HDB resale volume hits new low, but prices hold steady

SRX HDB Resale Data

May 2020

Singapore, 05 Jun 2020

HDB resale volume fell further in May 2020, from already dismal levels in April. Only 364 transactions were made in this month, down 13.9% month-on-month. Prices held steady however and increased 0.1% from April. Ms Christine Sun, head of research and consultancy at OrangeTee & Tie, gives her analysis on the situation.

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