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More HDB resale flats sold in October 2019

More Housing Board resale flats were sold last month compared with previous months after higher grants and income ceilings for first-time buyers took effect in September.

In all, 2,213 HDB resale flats changed hands, an 18% increase from September, compared with a year ago, the resale volume was also 10.6% higher.

4-room flats made up 40.8% of the units sold last month. 5-room flats were at 24.3% and 3-room flats at 25.4%, while executive flats made up 7.5%. The rest were multi-generation and 2-room flats.

– 7 November 2019

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