SINGAPORE - Resale prices for Housing Board flats increased in the third quarter of this year, with the resale price index reaching 133.7, said the Housing and Development Board on Thursday .Last quarter's performance also marked a significant improvement from the previous quarters. The resale price index had risen by a marginal 0.3 per cent in Q2 after staying flat in the first quarter of the year.
She noted that stimulus measures and past property curbs may have played an instrumental role in keeping home prices up amid the current economic headwinds. This may have prevented buyers from overleveraging and selling their flats at excessively low prices during the current market slowdown, Ms Sun said.
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