Recent months have also indicated a noticeable trend of million-dollar HDB resale flats, sparking concerns about affordability
SINGAPORE: Property consultancy OrangeTee has adjusted its forecast for HDB resale prices in 2024, predicting an increase of 7% to 8%.
According to OrangeTee, the buoyant performance of the HDB resale market is primarily driven by the ongoing positive economic growth and enhanced hiring conditions, which have bolstered consumer sentiment. The new flats, mostly categorized as Plus flats, will come with a 10-year Minimum Occupation Period and stricter resale conditions, limiting their immediate effect on the resale market."Has the town council given up?" — Marsiling resident slips on urine stain and falls as dog waste issue worsens
Recent months have indicated a noticeable trend of million-dollar HDB resale flats, sparking concerns about affordability, particularly for Singaporeans already dealing with a high cost of living.
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