by OrangeTee & Tie Pte Ltd.

HDB resale prices climb for 4th consecutive quarter even as volume dips

URA Quarterly Data

HDB Quarterly Data

Singapore, 23 Apr 2021

SINGAPORE - The Housing Board resale market remained steadily robust in the first quarter of this year amid Covid-19 vaccine optimism, with prices of resale flats rising for the fourth consecutive quarter even as fewer flats changed hands.

The resale price index for the first three months of the year was logged at 142.2, an increase of 3 per cent over that in the fourth quarter of 2020, according to figures released by HDB on Friday (April 23). Prices rose 8.1 per cent year on year.

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