HDB resale prices rise 0.9% in Q1, smallest increase in last 10 quarters

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HDB resale prices rise 0.9% in Q1, smallest increase in last 10 quarters
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Some analysts say this as a sign of price resistance setting in. Read more at straitstimes.com.

SINGAPORE - Prices of Housing Board resale flats grew at a slower pace of 0.9 per cent in the first quarter of 2023 compared with the 2.3 per cent increase in the previous quarter, with some analysts citing this as a sign of price resistance setting in.

The increase in public housing prices is faster than the 27.9 per cent increase over the same three-year period in the private residential property market.

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