New Reporter
02-10-23, 10:54
HDB Q3 resale prices rise 1.2%; quarterly volume up 2.9%, but down from a year ago
Oct 02, 2023
HOUSING and Development Board (HDB) resale flat volume increased 2.9 per cent on a quarterly basis to 6,592 flats, but fell year on year in the third quarter of 2023.
Resale volume in Q3 was higher than Q2’s 6,409 units but lower than the 7,298 flats sold in the same period year ago. This was also the lowest third-quarter volume since 2020, HDB said on Monday (Oct 2).
Resale prices rose 1.2 per cent in Q3 from the second quarter with the resale price index reaching 178.4, according to HDB’s flash estimate. However, this was lower than the 1.5 per cent growth in the second quarter and 2022’s average quarterly growth of 2.5 per cent.
HDB said it will offer around 6,800 Build-To-Order (BTO) flats in early October for flats located in Choa Chu Kang, Kallang Whampoa, Queenstown and Tengah.
In December, it will offer about 6,000 BTO flats located in Bukit Panjang, Jurong West, Woodlands, Bedok, Bishan, Bukit Merah and Queenstown.
HDB said the launch of new BTO flats remain on track, with 23,000 units in 2023, and a total of 100,000 flats from 2021 to 2025.
https://www.businesstimes.com.sg/property/hdb-q3-resale-prices-rise-12-quarterly-volume-29-down-year-ago
Oct 02, 2023
HOUSING and Development Board (HDB) resale flat volume increased 2.9 per cent on a quarterly basis to 6,592 flats, but fell year on year in the third quarter of 2023.
Resale volume in Q3 was higher than Q2’s 6,409 units but lower than the 7,298 flats sold in the same period year ago. This was also the lowest third-quarter volume since 2020, HDB said on Monday (Oct 2).
Resale prices rose 1.2 per cent in Q3 from the second quarter with the resale price index reaching 178.4, according to HDB’s flash estimate. However, this was lower than the 1.5 per cent growth in the second quarter and 2022’s average quarterly growth of 2.5 per cent.
HDB said it will offer around 6,800 Build-To-Order (BTO) flats in early October for flats located in Choa Chu Kang, Kallang Whampoa, Queenstown and Tengah.
In December, it will offer about 6,000 BTO flats located in Bukit Panjang, Jurong West, Woodlands, Bedok, Bishan, Bukit Merah and Queenstown.
HDB said the launch of new BTO flats remain on track, with 23,000 units in 2023, and a total of 100,000 flats from 2021 to 2025.
https://www.businesstimes.com.sg/property/hdb-q3-resale-prices-rise-12-quarterly-volume-29-down-year-ago