HDB resale flat prices continued to rise in January 2022 for the 19th consecutive month, across both mature and non-mature estates for all flat types.
There was also a slight increase in resale transactions, according to flash data from 99.co and SRX Property.
Christine Sun, OrangeTee & Tie's senior vice-president of research and analytics, believes the effect of cooling measures imposed since Dec 16, 2021 have been "minimal" on the public housing segment given how demand for resale flats appears to remain relatively healthy in January 2022.
In an emailed-statement on Thursday, Sun noted a trend of continued and steep price increases for 4-room flats, which usually form the bulk of resale transactions. She believes the rising prices of this flat type may have impacted many households.