Prices of resale HDB flats have increased 12.5 per cent for the whole year of 2021, as shown by flash estimates on Monday.
The 12.5 per cent full-year price increase is also the highest annual growth recorded since 2010 when prices grew by 14.1 per cent, noted Ms Christine Sun, senior vice-president of research and analytics at real estate firm OrangeTee & Tie.
Ms Sun said the HDB resale market in 2021 has "exceeded expectations in terms of price growth and sales volume".