Property
Should You Be Upgrading To A Condo In 2023?
By Stacked Homes  •  February 4, 2023
If there’s a single defining feature of the 2022/23 property markets, it’s an increasing low supply and historical highs across the board. This has led many to wonder if it is still the right time to make their big step: to sell their flat and fund a condo purchase. But remember that, even if you sell your flat for record highs, you may end up buying condos priced the same way. Here’s what to know before you upgrade this year: You may sell high this year, but you’re buying high as well These two charts aren’t very specific, but suffice to demonstrate a general point. These are HDB flat prices over the past five years: Source: Square Foot Research While these are overall private non-landed prices (without distinguishing new launches and resale):...
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By Stacked Homes
The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.
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