HDB resale prices up 2.1% in August

Fresh property news selection on September 03. 2020, Thursday.

Today's news selection contains the latest real estate related stories. Do you own a real estate/property/finance blog or news site? Send the URL to [email protected] so our editors can use them as sources.


This is the third consecutive month that more than 2,400 units were moved.

HDB resale prices jumped 2.1% YoY in August compared to the previous year, data from the latest SRX Flash Report showed, although this is 0.7% lower compared to July.

Prices for all room types rose during the month compared to a year ago. Four-room HDB flats led the increase with a 2.7% increase, followed by executive flats with a 2.2% price raise. Three-room and 5-room resale prices climbed by 1.2% and 1.8%, respectively.

Overall, resale volumes surged 23.5% YoY last month compared to August 2019, with a total of 2,435 HDB resale transaction occurring during the month. However, this is 1.4% lower compared to July.

This is the third-straight month that more than 2,400 units were transacted, noted Christine Sun, Head of Research & Consultancy, OrangeTee & Tie—reflecting howmarket sentiment continues to recover after the circuit breaker period.

Read the full article here »


Freshest Property News from Singapore


Interesting Stories Related Singapore


Best Flooring for Bathrooms


Architecture Styles - Tuscan Style 


Previous news selection

What have foreign homebuyers been snagging in Singapore this year?


Guest blogging

Are you an aspiring writer and especially interested in real estate? Become a Guest Blogger here, on Agent.sg. Choose a topic which suits your field of expertise and our profile as well, then create your blog post and send it to our email address [email protected]. For more information, visit our Guest Blogging Subpage.

About Agent.sg Daily Property News Selection

Agent.sg's Daily Property News Selection brings you the most important property market news in and around Singapore. We list the best articles on real estate development, property investment and on the property listing market on a daily basis - whoever stays out, misses out.

Contribute

If you also want to share an amazing article that you come across and it fits in the real estate / economy topics, just let it us know in e-mail. We don't guarantee to publish all, but we will some of them for sure. If you want us to bring out your own article, please contact us at [email protected]. Some references would also be highly welcome to send us from among your previous publications.

Advertise

Are you looking for some online distribution channels? You find one. Haven't you found a place for your traditional means of advertisement, like PR article or display banner? You've never been so close, just e-mail us at [email protected] and our colleague will get in touch with you.