HDB resale price rise 2.8% in the first-quarter : vimarsana.

HDB resale price rise 2.8% in the first-quarter


Price uptrend: A family at a HDB playground. At the current pace of price growth, a new peak may be formed by the second half of this year.
SINGAPORE: Housing Board resale price rose for a fourth consecutive quarter, climbing 2.8% in the first three months of this year over the previous quarter, according to HDB flash estimates released last Thursday.
Year-on-year, resale price was up by 8%.
Last quarter’s HDB resale price is also just 5% lower than their peak price recorded in the second quarter of 2013, said Christine Sun, OrangeTee & Tie’s senior vice-president of research and analytics.
At the current pace of price growth, a new peak may be formed by the second half of this year, she said.

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