SG, 01 Oct 2020 Housing Board flats resale prices increased in the 3rd quarter of this year, resale price index reaching 133.7, with an increase of 1.4 per cent from the 2nd quarter.
"The HDB resale market has "outperformed" expectations in the last three months. Stimulus measures and past property curbs may have played an instrumental role in keeping home prices up amid the current economic headwinds." said Christine Sun OrangeTee and Tie's head of research and consultancy
"Fears of a property meltdown amid Singapore's worst economic crisis were abated as the public housing market performance emerged stronger than expected last quarter," she added.