Singapore, 04 Mar 2021 he Housing Board resale market continued to perform strongly in February as 23 million-dollar flats changed hands - a new monthly record - and prices rose for the eighth straight month.
Resale prices climbed 1.4 per cent last month compared with January 2021, according to flash data from real estate portal SRX released on Thursday. Year on year, resale prices are up 8.3 per cent from February 2020, though they are still 5.7 per cent lower than their peak in April 2013.
Christine Sun, senior vice-president of research and analytics at OrangeTee & Tie, noted that six of the million-dollar units were from the Pinnacle@Duxton, while four were Design, Build and Sell Scheme (DBSS) units at The Peak@Toa Payoh.