Singaporeans have been rushing to buy HDB resale flats recently. Here's proof: a record-breaking 29 HDB resale flats priced at over $1 million were sold in November 2021 . When the pandemic first started, everyone was expecting a recession and a fall in property prices. But the opposite has happened. Part of the reason is the BTO delays caused by the pandemic. Affected BTO flat buyers might now have to wait four to five years for their flats to be ready, and this might drag on even longer if construction materials and supplies become scarce. If you're buying your flat as a 35-year-old, that could mean getting your flat only at the age of 40. The ones feeling particularly kancheong are likely those who are putting off marriage and childbearing to when they have their own place and hope to move out ASAP. With resale prices going through the roof, some might feel like they are being priced out of the market. So, if you need a home fast but are baulking at HDB resale prices, what are your options? HDB resale transactions HDB resale flats being sold for over $1 million are not new. But they have always been the exception… Read full this story
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HDB resale price increase: Why are prices rising & what does it mean for home buyers? have 239 words, post on www.asiaone.com at December 26, 2021. This is cached page on Vietnam Art News. If you want remove this page, please contact us.