“By raising the age to 95, the pool of buyers who can utilize pension funds to buy older flats will increase,” said Christine Sun, the head of research at OrangeTee & Tie Pte. “The increased demand may stabilize the price gap between older and newer flats.”
HDB resale volume may rise in tandem with more flats reaching their five-year MOP this year. With more flats possibly being placed on the resale market, prices may face downward pressure for some flats.
Demand for HDB resale flats remained resilient last year as the total resale volume rose 4.6 per cent year-on-year (y-o-y) to 23,099, reaching a new high since 2012 (Chart 1).
The HDB resale market outperformed market expectations as the number of HDB resale applications rose 18.9 per cent q-o-q to 7,063 units in Q3 2018 (Chart 1). According to HDB’s third quarter public housing data, 17,462 resale applications were received […]
New property measures were recently announced to cool the market and keep price increases in line with economic fundamentals. Potential buyers of executive condominiums (ECs) may emerge relatively unscathed from the property curbs. Apart from an increased 5 per cent […]
HDB resale prices in 2Q18 rose (0.1%) for the first time after nine quarters, hinting at a possible bottoming-out of HDB resale prices. Demand for resale homes remained strong as volume increased by 33.3% quarter-on-quarter (Q-o-Q) to 5,941 transactions. The […]
Getting the correct advice when you are buying or selling real estate is absolutely essential. If you make a decision using incorrect information that is provided to you, the financial impact could be very high. You could stand to lose […]
For couples in Singapore who are intending to tie the knot, finding a home should be top on the planning list, because everyone knows, there’s a dearth of physical space in the Lion City. Hence, looking for the perfect abode […]
