SINGAPORE - Housing Board resale prices rose for the 14th consecutive month, climbing at a faster pace of 1.1 per cent in August compared with July, according to flash data from real estate portal SRX on Thursday (Sept 9).
Year on year, resale prices were 13.7 per cent higher than in August 2020, with last month's prices just 0.1 per cent off the peak in April 2013.
Ms Christine Sun, senior vice-president of research and analytics at OrangeTee & Tie, said more home seekers could have turned to the resale market in the face of uncertainty in the BTO market.