Singapore, 05 Aug 2021 SINGAPORE - Demand for Housing Board resale flats remained strong in July, with prices continuing to climb and more flats changing hands despite tightened Covid-19 measures in the second half of the month.
HDB resale prices rose for the 13th straight month, advancing 0.5 per cent in July compared with June, according to flash data from real estate portal SRX on Thursday (Aug 5).
Ms Christine Sun, senior vice-president of research and analytics at OrangeTee & Tie, said "price bidding wars" have been observed by property agents for some popular flats as keen buyers make slightly higher offers to secure choice units.