Mr Mak predicted that the HDB resale volume could stay above 2,100 flats in July, as pent-up demand"continues to work its way through the public housing market".
"In spite of last month's steep increase in sales volume, the overall sales transactions inked on a quarterly basis are still considered weak when compared to prior quarters," Ms Sun said. By flat type, prices of three-room flats declined 0.4 per cent month on month, while prices of four-room, five-room and executive flats rose 0.4 per cent, 0.6 per cent and 1.6 per cent respectively.
Among non-mature estates, the highest transacted price was S$865,000 for a five-room flat at Hougang Street 21. Five-room flats had a negative TOX of S$1,600, while executive flats recorded a negative TOX of S$2,000 .
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