Personal Finance
How High Can Property Prices Go In 2023? Here’s What Might Happen
By Seedly  •  January 19, 2023
“Do you have a house already? It’s so expensive now, can you afford a 4-room near your parents?” These are questions I’m expecting relatives to ask this Chinese New Year. judging Source: Giphy As harmless as it seems, it’s a question a lot of people are asking themselves too. It’s no doubt that one of 2022’s highlights was the unrelenting rise in property prices. We witnessed how the interest rates affected our bank loans, fixed deposits, and savings accounts are affected. Even with new HDB projects coming up this year to meet the demand for new houses, these launches also hit a new high in price. Just in Aug 2022, five-room flats or larger at Central Weave @ AMK started at more than $700,000 and some topped at $842,000. The concern remains – can you afford an HDB flat this year? Here’s what you need to know!

TL;DR: Singapore

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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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