SINGAPORE: Housing and Development Board (HDB) flats prices rose 2.3 percent in the second quarter of 2024, an increase from the 1.8 per cent rise seen in the previous quarter. The Resale
The Resale Price Index for the second quarter of 2024 is 187.9, up from 183.7 in the previous quarter, according to data released by HDB on Friday .Resale transactions also increased for the second quarter of 2024, rising by 4 per cent, from 7,068 cases in Q1 to 7,352 cases in Q2.
HDB noted that resale transactions for the quarter that have surpassed the million-dollar mark continued to make up a small proportion of total resale transactions. "We will continue to monitor the housing demand closely, making adjustments where necessary," it said.About 70 flats taken back by HDB for flouting minimum occupation period rules, unauthorised rentalsApproved rental applications of HDB flats rose by 1.7 per cent from 9,398 cases in the first quarter of 2024 to 9,554 cases in the second quarter.
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