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Million dollars for a coveted HDB unit not an aberration
Unique, larger flats may find fancy among downgraders; lease decay a smaller problem than it seems
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Published Mon, Apr 12, 2021 · 09:50 PM
Singapore
A MILLION dollars and more for a HDB flat? That's what 53 such flats each commanded in the first three months of this year.
And this may not be an aberration. Million-dollar transactions of HDB resale flats could become more prevalent if resale prices grow in line with household income, say at 2 per cent annually.
