HDB resale prices rise for 23rd straight month; Woodlands, Pasir Ris see first million-dollar flats

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SINGAPORE - Prices for Housing Board resale flats edged up for the 23rd consecutive month in May even as fewer units changed hands, suggesting that demand is continuing to outstrip supply, according t

o flash data from real estate portals 99.co and SRX on Thursday .

A total of 30 HDB resale flats changed hands for at least $1 million in May, an increase from the 22 such deals recorded in April.As at Thursday , there has been at least 145 million-dollar HDB flat transaction in the whole of this year. However, the number of HDB flats transacted last month dropped to 2,156 units, a 5.1 per cent decrease from April's 2,273 units.which had three projects in the mature estate of Queenstown, Bukit Merah and Toa Payoh.

 

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