by OrangeTee & Tie Pte Ltd.

5 HDB flats changed hands for at least S$1 million in August, as resale prices continue to head nort

SRX HDB Resale Data

August 2020

Singapore, 03 Sep 2020

In August, five Housing and Development Board (HDB) resale flats transacted for at least S$1 million, according to flash estimates by real estate portal SRX. Additionally, 2,435 HDB resale transactions occurred in August, a 23.5% increase year on year.

Christine Sun, head of research and consultancy at OrangeTee & Tie, attributed the increase in resale transactions in August to demand being diverted from the Build-to-Order (BTO) market.

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