EDIT (9 APR 2024): This article was first published in December 2022, has been updated to reflect recent developments in the market. We seldom write articles like these because it veers a little into the realm of politics. That said, with many people asking us what we feel about the current housing market, we decided to make an exception. We’ve published articles with HDB about buying a home within your means in the past. You can read them here:

• The TWS guide to buying your HDB flat
• The case for buying the most affordable home you can
• Resale prices are spiking, BTO flats are delayed. What to do?
• Why I won’t buy a million-dollar HDB flat (and why you might)

This article will be slightly different. We’ll explore some questions and misconceptions about the property market that we’ve observed, and share our perspectives. Here are the questions that we’ll (attempt to) address in this article:...