Posted in Market Trends, by Gabriel Lee, on Jan 5, 2021

Private home prices up 2.1% & HDB resale prices up 2.9%

While it is not all gloomy, property seems to take a defying approach. We have seen a rise in private home prices by 2.1% in a third straight quarterly gain. Why is this so?

Read on to find out more!

Likewise, HDB resale prices also up by 2.9%, a biggest quarterly rise in over nine years! How amazing especially during a time where economies are struggling for survival during the pandemic. Those who are coping well in their jobs may proceed with upgrading plans while those who are still affected by the pandemic may downgrade from private housing to HDB flats.

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