Widening public-private home price gap may not dent upgrading demand
Consultants point to demand from en bloc sellers, smaller condo units and quantums; but trend may also raise risk of govt hand in narrowing divide
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Singapore
IS THE growing divergence in prices of resale public housing flats and private homes snuffing out the Singaporean dream of owning a condominium?
While price data might underscore such fears, market watchers note that there are many mitigating factors to keep the upgrading momentum from owners of Housing & Development Board (HDB) flats going, who sell their flats to move to private housing.
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