Property
HDB Resale Prices Rising – Should You Opt For Resale Or BTO?
By ValueChampion  •  August 11, 2022
The prices of resale HDB prices have continued to rise, and it has climbed to an increase of 2.8% in Q2 this year, beating Q1’s numbers of 2.4%. Source: Straits Times Amidst the rising interest rates globally and the surging prices, the number of transactions involving resale HDB flats have also fallen with sales momentum dropping. Why is this phenomenon happening, and should prospective homeowners be worried about this sharp increase in HDB resale flats? Reasons Behind The Continued Increase In HDB Resale Prices Why are HDB resale prices rising so rapidly? One reason could be that more are turning towards resale flats over BTO flats. With BTO construction times lengthening due to delays, many young couples are turning to resale flats so that they can settle down in a home of their own without the hassle of long waiting times and procedures....
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By ValueChampion
We distill sprawling marketplaces—for insurance, credit cards, bank accounts, and more—down to choices that represent a sweet spot for value—as in offering the features, returns, or experience we think you need for the smallest outlay. We ask: Is the return on a particular purchase or decision worth the cost or risk of that option, and how does the choice stack up against other options?
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