HDB resale prices up 0.6% in November

Singapore

HOUSING and Development Board (HDB) resale prices have notched their biggest month-on-month (m-o-m) increase this year despite a smaller number changing hands, according to flash data from real estate portal SRX Property on Thursday.

Resale prices, which through most of 2019 have moved within a -0.2 to +0.2 per cent range, rose 0.6 per cent in November from October. It is the biggest monthly increase since January's 0.5 per cent rise from December 2018.

Compared to November last year, resale prices are up by 0.4 per cent, though they are still off by 13.8 per …