Resale prices likely to moderate in months ahead with new supply: Analysts
The HDB resale market is expected to stabilise further in the months ahead after the latest quarterly figures showed the slowest price growth in nearly five years. It marks the fourth consecutive stretch of declining growth, a trend analysts say is likely to continue. This is as buyers are likely to opt for new Build-to-Order launches and shorter waiting time flats instead of resale ones in the final quarter. Alexandra Anand reports.
The HDB resale market is expected to stabilise further in the months ahead after the latest quarterly figures showed the slowest price growth in nearly five years. It marks the fourth consecutive stretch of declining growth, a trend analysts say is likely to continue. This is as buyers are likely to opt for new Build-to-Order launches and shorter waiting time flats instead of resale ones in the final quarter. Alexandra Anand reports.