SINGAPORE, 17 March 2017 - PropertyGuru Group, Asia's leading online property group, forecasts steadiness in the HDB resale market, according to its ebook for H1 2017. Highlights include:

-  Ongoing stability in the HDB resale market.

-  Around 17,000 new flats will be launched this year, putting downward pressure on resale prices.

-  HDB resale volumes are predicted to reach 23,000 units in 2017.

-  Rental prices for four-room flats are down more significantly compared to five-roomers.

-  HDB rental volume is expected to remain steady at above 10,000 flats. What about rental prices?

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