22,077 HDB flats were resold in 2017

22,077 HDB flats were resold in 2017

Singapore Business Review·2018-01-27 18:35

The flats' price index value dipped 1.5%.

The Resale Price Index (RPI) of HDB flats fell by 1.5% YoY in 2017, whilst it dipped by 0.2% QoQ from 132.8 to 132.6 in Q4.

According to HDB data, resale transactions fell by 1.2% QoQ from 5,808 cases to 5,738 cases. On a yearly basis, resale transactions in Q4 grew by 14.5%.

For the full year of 2017, resale transactions increased by 6.1%, from 20,813 cases in 2016 to 22,077 cases.

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Singapore HDB Property