Despite the financial recession brought on by Covid-19 HDB Resale property prices have seen surprising increases in the second half of 2020, with estimated Q4 price increases projected to be one of the highest in almost a decade. However, while HDB resale prices climbed 4.8% in 2020, Singaporeans were still reeling from the financial after effects of COVID-19 and many put their long-term buying and selling plans on hold. So how can we reconcile the stark contrast between the healthy real estate market and a hesitant population? With housing prices predicted to continue increasing into 2021, we discuss what hopeful and current homeowners should consider before buying or selling a property this year.
Resale Price Index for 2020
With HDB Costs Rising Rapidly, How Can You Save When Buying a Home? Home?
Despite HDB housing price increases, there are still plenty of ways to afford HDB Resale flats. For instance,