29 Mar '18, 1am

Will ageing population affect HDB flat market in 10 years’ time? https://t.co/7qkOuboqom

Singapore’s ageing population is not a new issue. But as more of Singapore’s older generation who are living in HDB flats begin to release their units in the resale market, will the resale HDB market be affected? And if so, how? 145 Jalan Bukit Merah. Picture: iProperty Older generation putting resale flats in market as they pass on or upgrade Though mortality is not everyone’s favourite topic, it has to be dealt with, and better earlier than later. As ageing HDB owners from the baby boomer era pass on, there might be an increase supply of HDB flats flooding the market. And as the government pushes out more new BTO flats , young home buyers may be spoilt for choice. Hence, resale flat prices may be pushed down as supply increases and demand decreases. Will this result in a supply glut within the next decade and a half? Currently, about 20,000 resale flats exchange hands ea...

Full article: https://www.iproperty.com.sg/news/will-ageing-population-...

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