In total, 1,313 HDB resale flats were sold in February , about 15.8 per cent less than January, according to flash estimates from real estate portal SRX on Thursday .HDB flat resale prices also remained unchanged last month, in comparison to January.
Compared to February last year, prices last month decreased by 0.5 per cent, and was 13.9 per cent down from its peak in April 2013.This means that there was no change to what buyers were prepared to pay compared to the previous month, according to the SRX data. Woodlands posted the highest median TOX among HDB towns with more than 10 resale transactions last month at $5,000, while mature estate Toa Payoh had the lowest TOX of negative $16,000.
Buyers were less willing to pay more for bigger flats, with the median TOX for four-room and five-room flats at negative $1,000 and negative $5,000 respectively.
Source: Real Estate Daily Report (realestatedailyreport.net)
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