About HDB Flats News Recently

HDB Flats Resale Price climb for 25th straight month. Housing Board flat resale prices rose for the 25th consecutive month in July, with prices increasing by an average of 0.7% compared with June. Out of 2,363 flats that were sold in July, 33% went for over the asking price. Compared with June, HDB flat resale prices rose for the 25th straight month in July, with prices up on average by 0.7%. Thirty-three flats were sold for more than $1 million out of the 2,363 transacted.

The most expensive resale flat ever sold was a loft unit in Queenstown's SkyTerrace @ Dawson.

Refer HDB Flats Price In Serval Place

HDB flats in Bukit Batok market recorded its first million-dollar sale last month when an executive flat was sold for $1,005,000. Hougang and Woodlands also recorded million-dollar sales last month. As for mature estates, Bishan had 10 million-dollar flats last month, while Ang Mo Kio had five and Queenstown had four.

According to the report, transaction prices in mature estates increased by 0.8% on average, while those in non-mature estates increased by 0.6%. There was a 1.2% month-on-month increase in executive flat prices, while three- and four-room flat prices increased by 0.6% and five-room flat prices increased by 0.5%. There were 2,663 flats sold last July, an increase of 11.6% in prices compared to July last year.

Predict HDB Flats Status In The Next Time

HDB resale flats may be a cheaper option for those who wish to live in these areas, she said. The senior vice-president of OrangeTee and Tie's research and analytics unit, Christine Sun, said resale volumes in July were at a six-month high, but sales have not been strong since the Government implemented measures to cool the property market last December.

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