Updated: 07/26/2014 02:04

More HDB flats sold in Q2, but prices continue to slide



More HDB flats sold in Q2, but prices continue to slide

Resale prices of HDB flats fell by 1.4 per cent in the second quarter of 2014 over the preceding quarter. 

This follows a 1.6 per cent decline in the previous quarter. 

As for resale transactions, 

It increased by 16 per cent to about 4,400 cases in the second quarter. 

The HDB says it has launched a total of 13,090 flats in the first half of this year. 

And in the second half of 2014, HDB will offer another 12,700 BTO flats, as well as about 3,000 balance flats in a Sale of Balance Flats exercise in November. 

In September, HDB will offer about 4,500 BTO flats in Bukit Batok, Hougang, Jurong and Kallang/Whampoa.

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