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SG HDB resale prices fell 1.3% in Q4

Property Here - Thursday, January 02, 2014

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HDB resale flat prices fell 1.3 percent in Q4 2013, according to flash estimates from the housing board.

Year-on-year, this is a reversal from the 2.5 percent increase reported in the last quarter of 2012. 

For the whole of 2013, this is also the biggest drop seen in the market, HDB data revealed.

In comparison, resale flat prices fell 0.9 percent in Q3, and increased 0.5 percent and 1.3 percent in Q2 and Q1 respectively.

More detailed public housing data for Q4 2013 will be released on 24 January.