Record number of million-dollar HDB flats sold in June as resale prices climb 1.8%

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Record number of million-dollar HDB flats sold in June as resale prices climb 1.8%
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THE number of million-dollar Housing and Development Board (HDB) flats resold hit an all-time high in June, nearing 100 units, while resale prices clocked record gains. Flash estimates from SRX and 99.co released on Monday (July 8) showed that HDB resale prices jumped 1.8 per cent in June, extending gains for the ninth straight month.

Resale prices in June rise across all room types and in both mature and non-mature estates from the previous month.THE number of million-dollar Housing and Development Board flats resold hit an all-time high in June, nearing 100 units, while resale prices clocked record gains.

Resale prices rose across all room types and in both mature and non-mature estates from the previous month. HDB flats sold for at least S$1 million accounted for 4.4 per cent of total resale volumes, rising 29.7 per cent on the month to 96 units in June, compared with 74 units transacted in May. Resale prices were up 2.6 per cent in mature estates and 1.3 per cent higher in non-mature estates compared with May, based on SRX and 99.co data.

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