Property
HDB Resale Prices have Increased 50% in 5 years. Getting Unaffordable For Many Singaporeans and How We can Solve it to Benefit Housing Aspirations
By Investmoolah  •  April 1, 2025
HDB Prices have grown 52.7% from 1Q2020 (131.5) to 1Q2025 (200.9). That is a 52.7% rise in HDB resale prices. Like it or not, this is an unsustainable increase and is pricing many non home-owning Singaporeans out and affecting their housing aspirations. Unaffordable and Making People not See Singapore as a Home While Singapore has a cheaper housing scheme called the BTO and Balance of Sales, the number of housing applicants is overwhelming where people have not been able to get a home through this scheme despite the expanded supply; yours truly has experienced rejection letters from HDB more than the number of times I have been rejected by girls : p Why has HDB Prices Gone to Unaffordable Levels? Entirely my view, this is due to the influx of foreigners and their ability to pay a considerable amount for rental due to their lifecycle. This makes a HDB resale flat a great investment as dividend income....
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By Investmoolah
A total otaku who loves anime, investing and the occasional K-drama. My financial journey begun at the age of 22 and has revolved around the concepts of "Working Hard", "Saving Well" and "Investing Wisely". Through my journey, I have realized that financial literacy is something we have learnt little during our school days but is one of the most useful and relevant skill that we have to be equipped to take on the real world. Concepts such as compounding and "common sense investing" are skills that will place us ahead of the race to retirement ...
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