In fact, I'd want it to be bigger and have all the listings. Far from a threat of being "cut out", the resale portal can actually make life easier for agents in many ways; and if HDB is cutting out unrealistic prices, that probably helps to temper expectations too. At the very least, it might bring an end to property.
The resale flat shortage is slowly but surely coming to an end, and we might be seeing the start of a bigger influx of supply. Will this mean the end of high rent or high Cash Over Valuation (COV)? It’s unclear what the impact of the supply surge will be; but for now, it’s a good time to be looking.
Million-dollar HDB flats are still outliers, making up some one per cent of HDB transactions; and even those that are close to a million (e.g., $800,000 or $900,000) are hardly the majority. However, there's no denying that these outliers are growing in number and fast. In 2023, we had a record number of million-dollar flats (460 units), up from.
CX is what Singaporeans might call a "high-flyer". He owned a car and a condo in his mid-twenties, was a top performer in his company, and managed it all before he became a degree holder. However, his experiences as a young homeowner, who never started on the traditional "HDB route", weren’t all smooth sailing; and he’s seen the pros as.
In 2023, despite some HDB estates experiencing moderating prices, a consistent trend remains: for homeowners desiring a long-term stay in HDB and finding the wait for a BTO daunting, flats that have freshly reached their Minimum Occupation Period (MOP) present an enticing opportunity. Amidst market dynamics shaped by factors such as rising interest rates and surging private home prices, these.