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Headwinds expected to continue for HDB resale flats: consultants

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The recent increase in the income ceiling for new HDB flats is expected to boost the demand for BTO flats, while the Mortgage Servicing Ratio is likely to keep resale prices down, say consultants.

Singapore

THE resale prices of Housing & Development Board (HDB) flats are likely to continue to face headwinds despite the slowing depreciation of the resale price index which seems to indicate growing stability in the public housing market.

The HDB Resale Price Index dipped 0

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