Demand for HDB resale flats expected to remain strong this year
Resale applications rise 7.8 per cent to 20,813 cases in 2016 while price index remains flat
Singapore
THE number of resale transactions for public housing flats rose 7.8 per cent to 20,813 cases last year from 19,306 cases in 2015. The latest figure is also the highest in four years.
One factor that boosted the resale volume of Housing & Development Board (HDB) flats last year is that more homebuyers sensed that prices in this segment had stabilised and may not fall significantly if they continued to wait, suggested SLP International executive director Nicholas Mak.
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