SINGAPORE – Resale prices of Housing Board flats inched up 0.9 per cent in November from the previous month and rose 10.4 per cent year on year, based on flash data from SRX and 99.co released on Dec 4.

With 1,951 resale units transacted in November, volumes were lower by 9.6 per cent from October’s 2,158 units and down 8.7 per cent on a yearly basis, marking the fourth straight month of decline.

Mr Luqman Hakim, chief data and analytics officer at 99.co, noted that the price increase in November was “supported by steady demand, especially for flats in mature estates known for their central locations and accessibility”.