MARKET UPDATES :
HOUSING and Development Board (HDB) resale prices could have fallen in an eighth consecutive month, going by flash estimates from the Singapore Real Estate Exchange (SRX). The data shows HDB resale prices dipped 0.5 per cent in September from the earlier month, dragged down by price declines in three- room, four-room and five-room resale flats. Executive flat prices bucked the trend by inching up 0.1 per cent.
STOCK RECOMMENDATION :
BUY CITY DEVELOPMENT LTD ABOVE 9.400 TG 9.460, 9.530, 9.630 SL 9.300
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HOUSING and Development Board (HDB) resale prices could have fallen in an eighth consecutive month, going by flash estimates from the Singapore Real Estate Exchange (SRX). The data shows HDB resale prices dipped 0.5 per cent in September from the earlier month, dragged down by price declines in three- room, four-room and five-room resale flats. Executive flat prices bucked the trend by inching up 0.1 per cent.
STOCK RECOMMENDATION :
BUY CITY DEVELOPMENT LTD ABOVE 9.400 TG 9.460, 9.530, 9.630 SL 9.300
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