HDB resale prices hit 41-month low in Dec 2014: SRX

hdb

HDB resale prices in December 2014 dropped to a 41-month low since August 2011, data from Singapore Real Estate Exchange (SRX) Property revealed. This represents a 6.1 per cent decline from December 2013.

Month-on-month, resale prices in December 2014 fell 0.4 per cent.

The price slump was driven by HDB four- and five-room flats, whose resale prices fell 0.7 per cent and 0.3 per cent respectively.

Source: www.businesstimes.com.sg

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