by OrangeTee & Tie Pte Ltd.

HDB resale prices rise for 9th straight month in March with cash over valuation back in play

SRX HDB Resale Data

SRX HDB Resale Data

Singapore, 08 Apr 2021

Delays in Build-to-Order (BTO) flats, rising private property prices and improving market sentiment drove demand in the Housing Board resale market, sending prices climbing for the ninth straight month.

Resale prices rose 0.8 per cent in March from the previous month, according to flash data from real estate portal SRX out on Thursday (April 8). Year on year, resale prices were up 9.5 per cent from March 2020. They are closing in on their all-time highs, with March prices 4.9 per cent lower than their peak in April 2013.

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