According to HDB, resale volume for HDB has fallen by 11.6 percent from last month of May. In total, 1,753 flats were sold in June as compared to 1,984 in May. If we were to compare to last year June 2016, there were 1,846 units sold, a slight 5 percent decrease.
Market commentary like this is only useful if you can translate it into what it means for your own purchase: your entry price, holding period and exit options.
That's where many buyers get stuck. General market insights rarely tell you whether a specific unit, at a specific price, is the right decision for your circumstances.
Over time, that's also why we decided to work with agents who shared the same data-driven and advisory-led approach behind our editorial, consultants who could help readers think through decisions more objectively, rather than simply push transactions.
Today, the team has worked with more than 2,000 clients across over $5B in property transactions.
Looking at the prices as a whole, HDB resale prices have fallen by 11.7 percent since their peak in April 2013.
Commentary like this is useful for understanding the broader market. The harder part is applying those ideas to a specific property, budget or decision you’re actually considering.
That’s often where a second opinion becomes valuable.
If you’d like to discuss how this applies to your own circumstances, you can reach out for a one-to-one consultation here.
And if you simply have a question or want to share a thought, feel free to write to us at stories@stackedhomes.com. We read every message.
Frequently asked questions
How did the resale volume of HDB flats change from May to June 2017?
What was the comparison of HDB resale transactions between June 2016 and June 2017?
Have HDB resale prices increased or decreased since their peak?
What is the trend in HDB resale prices over the past few years?
How many HDB flats were sold in June 2017 compared to the previous month?
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