SINGAPORE - More Housing Board resale flats changed hands in the fourth quarter of last year and their prices inched up, latest public housing figures show.
The fourth quarter's figure last year was also 12.5 per cent higher than the number of resale transactions in the fourth quarter of 2018. Meanwhile, the prices of resale flats rose by 0.5 per cent from the previous three months, making resale prices in 2019 0.1 per cent higher than the year before. Five-room flats in Bukit Merah fetched the highest median resale price at $783,500 between October and December last year, followed by four-room flats in Queenstown at $750,000, and those in Toa Payoh at $738,000.
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