The New Paper
13 HDB resale flats sold for at least $1m each last month
The highest transacted price last month was $1.21 million for a five-room unit at Natura Loft in Bishan. TNP FILE PHOTO
MICHELLE NG
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The Housing Board resale market started the year on a strong footing as prices rose for the seventh consecutive month last month, propped up by the continuing strong demand for public housing.
According to flash data from real estate portal SRX released yesterday, resale prices rose by 1.7 per cent last month, compared with last December.
The overall price increase was 7.7 per cent compared with last year, but still 7 per cent lower than the peak in April 2013.