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.
While some HDB estates are seeing moderating prices in 2023, one fact remains unshaken: for homeowners seeking a long-term stay in an HDB property and finding the wait for a BTO untenable, targeting flats that have just reached their Minimum Occupation Period (MOP) is still the most viable move. With market dynamics being influenced by various factors, from high interest.