HDB resale volume dips to 30-year-low but prices edge up

hdb-resale-vol-dips

Source: https://www.businesstimes.com.sg/real-estate/hdb-resale-volume-dips-to-30-year-low-but-prices-edge-up

Piermont Grand

HDB prices increased 0.1 per cent in May 2020 as compared to April even as volume dropped. On average, buyers paid about S$3,000 more than the flats’ estimated value in May 2020.

This shows that sellers are not panic selling their flats, with many maintaining their asking prices.

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