HDB resale prices has fallen 11.7% from 2013 peak

The resale volume for Housing Board (HDB) flats fell by 11.6 % last month from May, with 1,753 HDB resale flats were sold last month (June), compared with 1,984 in May.

At the same time, resale prices last month fell slightly, by 0.1 %, compared with May. The resale prices for the types of flats are as follows:
– three-room flats slipped 0.2 %.
– four-room flats fell by 0.3 %.
– five-room HDB flats fell by 1.5 %
– executive flats rose by 1.7 %

Across the board, HDB resale prices have fallen by 11.7 % since their peak in April 2013. Since June last year, prices have fallen slightly, by 0.2 %.

In June, HDB resale prices in mature estates rose by 0.8 % from May, compared with a 0.9 % dip in non-mature estates.

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