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  • Pauline Chua Era

SINGAPORE PROPERTY MARKET: HDB RESALE MARKET (Q2, 2022)

Updated: Jul 25


HDB resale prices rose for the ninth consecutive quarter by 2.8% in Q2, 2022, 0.4% higher than Q1, 2022. The rising price trend is likely due to the delays in construction of Build-To-Order (BTO) flats and the buying preference for larger HDB flats.


Transactions fell for the third consecutive quarter by 1.7% to 6,819 in Q2, 2022. Analysts attribute the fall in resale transactions to the June school holiday, launch of BTO and Sale of Balance Flats in May, and rising interest rates.


(Full Report Attached)



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PAULINE CHUA

Senior Marketing Director

ERA Realty Network Pte Ltd

www.paulinechua.com

WhatsApp: wa.me/6586927272


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