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154th: Resale PHole Price Rising Relentlessly!

makapaaa

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HDB resale prices climb 3.8% to 160.9
By Mustafa Shafawi | Posted: 01 July 2010 1254 hrs
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SINGAPORE: Prices of HDB resale flats have continued to rise. According to the housing board's flash estimates, prices rose a steeper 3.8 per cent in the second quarter, compared to the first three months of this year.

It's the fifth consecutive quarter of price increase.

HDB announced on Wednesday that it had launched 2,696 new Build-To-Order (BTO) flats, the largest number of BTO flats offered in a single launch to date.

The housing board said it will ensure that there is an adequate supply of new flats to meet housing demand.

The BTO supply will be supplemented by the on-coming supply of flats under the Design, Build & Sell Scheme. - CNA/vm
 
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