HDB: Q3 resale prices up 1.2%, private property up 0.5%

📆 10/4/2023 11:06 AM
📰 IndependentSG

⏱ Reading Time:
30 sec. here
2 min. at publisher
📊 Quality Score:
News: 15%
Publisher: 72%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

At least 127 flats were sold for at least S$1 million in the third quarter, setting a new record

. Million-dollar prices were fetched by 30 four-room flats, 54 five-room flats and 43 executive flats.The Urban Redevelopment Authority flash estimates indicated that overall private home prices increased by 0.5 per cent in the third quarter after a 0.2 per cent dip in the second quarter.Realtor shares horrific sights in Tampines HDB flat with nightmare client on handover day

The third quarter rally was led by the non-landed private homes segment, while landed property prices declined by 4.9 per cent. This is the first quarterly decline in landed home prices in nine quarters since a 0.3 per cent drop in the second quarter of 2021.Non-landed private home prices rose by 2.1 per cent after a 0.6 per cent drop in the second quarter. While non-landed home prices fell by 2.

Foreigners accounted for 2.1 per cent and permanent residents 11.6 per cent of the non-landed new private home sales. The rest were Singaporeans, according to PropNex.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

HDB resale prices may keep rising moderately for rest of 2023: AnalystsFlash estimates show Q3 resale prices for public housing flats going up by 1.2%, versus 1.5% in the previous quarter.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

New housing policies boost HDB resale pricesIn 3Q, prices rose 1.2% YoY.
Source: SBRMagazine - 🏆 13. / 51 Read more »