HDB resale prices down 6.2%, largest drop in 13 years

http://www.propertyguru.com.sg/property-management-news/2015/1/80949/hdb-resale-prices-down-6-2-largest-drop-in-13-yearOn a quarterly basis, resale flat prices fell 1.5 percent in the last three months of 2014, the sixth consecutive quarter of decline. Meanwhile, fewer buyers entered the HDB market last year, with the resale volume dropping 4.3 percent to 17,318 units from 18,100 units in 2013. PropNex noted this has made buyers more cautious when submitting an offer for a flat. Read more…

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