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First study on impact of declining HDB leases seen leaving out too many factors

UrbanZoom study should not be read as a depreciation curve for resale flats, says HDB



WHAT'S said to be the first attempt to quantify the price impact of declining leases on HDB flats has drawn criticism that the study ignores too many of the factors that operate in the Singapore property market.

The study by UrbanZoom, a...