Strong demand drives up HDB flat prices

Malaysia Star, 6 Jul 2011
SINGAPORE: Housing Development Board (HDB) flat prices in the second quarter rose at their fastest pace since the third quarter of last year.
According to preliminary estimates, the Housing Board resale price index in the second quarter rose 2.9% to a fresh record from the previous quarter.
Resale flat prices in the first three months of the year rose 1.6% in comparison. Prices of private homes, on the other hand, increased at a slower pace in the second quarter. Full story