Market Chatter: Singapore HDB Resale Prices Surge 10.4% in November

MT Newswires
04 Dec 2024

HDB prices in Singapore were up 10.4% year over year in November and 0.9% month over month, the Singapore Business Review reported Wednesday, citing data from SRX and 99.co.

Prices for all room types were up year over year with three-room flats up 11.2%, 4-room flats up 10.8%, 5-room flats up 9.2% and executive flats up 5.1%, according to the report.

However, resale volume dropped 8.7% year over year and 9.6% month over month with 1,951 transactions taking place in November, the report noted.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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