Sales of resale HDB flats rose 16.5% in April

Data shows a 16.5% increased in volume in the resale HDB segment last month, with more HDB entering the market when hitting maturity of Minimum Occupation Period (MOP).

Notably, Pasir Ris and SengKang posted highest resale price with $4k and $7k above valuation on average, respectively. Statistic also shows that buyers are more willing to pay $2k – $3k above value for 5 room flat and executive flats.

At the same time, new CPF policy also encourages buying interest for older flats in mature estates.

 

Source: https://www.iproperty.com.sg/news/sales-of-resale-hdb-flats-rose-16-5-in-april/

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