04 Jul '18, 4am

HDB flats above $1 million a recent occurrence

And while some may have baulked at such prices 5 years back, others may find it a “fair deal” these days. Encouraged by the many collective sales, displaced home-owners have made up much of this market. These property down-graders often have the cash to spare and are willing to pay for older units in popular locations. Some analysts have noticed that it is only in the past 2 years where HDB flats were able to command prices comparable to the open private property market.

Full article: https://www.iproperty.com.sg/news/hdb-flats-above-1-milli...

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