[Tee tiong huat]

Thats not benefits lah. Ask how they got their flats and at what age.

HOUSING and Development Board (HDB) resale volumes recovered in July 2023 from a decline observed the month before, while prices maintained their upward trajectory.

Flash data from real estate portal SRX and property agency 99.co released on Thursday (Aug 10) showed that 2,056 HDB resale flats transacted in July, up 10.7 per cent from the earlier month, albeit 13 per cent lower when compared with the previous year.

By flat type, 45.2 per cent of overall volumes for July came from four-roomers. Five-room flats contributed to 24.8 per cent, with 23.8 per cent from three-room resale transactions and 6.2 per cent from executive flats. Majority or 62.7 per cent of resale volumes came from non-mature estates, with the remaining 37.3 per cent from mature estates.

Luqman Hakim, chief data and analytics officer at 99.co, said that the recovery in resale volumes came as anticipated after the June holidays. He further expects a slight uptick in volume over the coming months due to the rescheduling of Build-To-Order (BTO) sales exercise to September or October, instead of August.