'The higher grants available to first-time buyers have made it more affordable and accessible to purchase a resale flat.' — OrangeTee Group
SINGAPORE: HDB resale prices experienced a significant uptick in April, rising by 0.9% month-on-month and 6% year-on-year , according to data from 99.co and SRX.
“The higher grants available to first-time buyers have made it more affordable and accessible to purchase a resale flat,” Ms Sun explained. Wong Siew Ying, PropNex’s Research and Content Head, indicated that the resurgence in resale transactions has contributed to higher prices.
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