Resale prices and volume of HDB decreased

RESALE prices and volume of Housing and Development Board (HDB) flats decreased in January compared to December 2016, according to a SRX flash report released on Thursday.

HDB resale prices fell 0.3 per cent month-on-month. The resale prices of HDB 3-room and 4-room flats went down by 0.6 and 0.5 per cents, respectively. Those of HDB 5-rooms and HDB executive flats went up by 0.4 and 0.9 per cent, respectively. Upcoming new launch condo include Parc Botannia and Kandis Residence while existing ones include Kingsford Waterbay, Seaside Residences and Grandeur Park Residences. Parc Botannia prices and Parc Botannia showflat will be available shortly.

HDB resale prices in mature estates decreased by 0.7 per cent, while those in non-mature estates remained the same in January.

In terms of resale volume, some 1,174 HDB resale flats were sold last month, a 13.9 per cent decrease from the 1,364 units transacted in December 2016.