In Singapore, 80% of the residents stay in HDB flats. Some buy new launches while others buy resale flats. In any case, Singaporeans can’t be blamed for having the mindset of wanting to profit from their capital appreciation of their flats.
In recent years starting from 2013, housing prices have started a decline when the government implemented multiple rounds of cooling measures. This came about because of various rounds of cooling measures ranging from Additional Buyer Stamp Duties (ABSD), Seller Stamp Duties (SSD) and Additional Conveyance Duties (ACD).
The HDB resale market was not impacted as severely as the private residential market, but it was still not spared from the wider market slowdown.
This post seeks to shed some light on prices and trends in the 4 room HDB flat resale market. Specifically, some questions can be answered
How have HDB 4 room resale flat prices performed for the last ......