TR Emeritus, 27 Jul 2013
Despite 8 rounds of property financing curbs by the Govt, prices for HDB resale flats continue to rise.
The Resale Price Index (RPI) for HDB flats rose slightly by 0.5% from 205.5 in the 1Q of 2013 to 206.6 in the 2Q of 2013. This is a new record high.
However, the 0.5% growth is lower than the 1.3% growth in previous quarter:
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