HDB: Q3 resale prices up 1.2%, private property up 0.5%

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HDB: Q3 resale prices up 1.2%, private property up 0.5%
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At least 127 flats were sold for at least S$1 million in the third quarter, setting a new record

. Million-dollar prices were fetched by 30 four-room flats, 54 five-room flats and 43 executive flats.The Urban Redevelopment Authority flash estimates indicated that overall private home prices increased by 0.5 per cent in the third quarter after a 0.2 per cent dip in the second quarter.Realtor shares horrific sights in Tampines HDB flat with nightmare client on handover day

The third quarter rally was led by the non-landed private homes segment, while landed property prices declined by 4.9 per cent. This is the first quarterly decline in landed home prices in nine quarters since a 0.3 per cent drop in the second quarter of 2021.Non-landed private home prices rose by 2.1 per cent after a 0.6 per cent drop in the second quarter. While non-landed home prices fell by 2.

Foreigners accounted for 2.1 per cent and permanent residents 11.6 per cent of the non-landed new private home sales. The rest were Singaporeans, according to PropNex.

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