pstrongExperts predict a 3%-5% uptick in resale prices. /strong/p pReal estate experts predict HDB resale flat prices to further increase as demand from first-time homebuyers and private homeowners downsizing from private properties grows./p pBased on flash estimates, HDB resale prices rose faster in 1Q24, increasing by 1.
Real estate experts predict HDB resale flat prices to further increase as demand from first-time homebuyers and private homeowners downsizing from private properties grows.
“There has been a surge in demand for resale flats as more first-time buyers chose to purchase from the secondary market instead of waiting for the BTO sales launches,” OrangeTee said. Huttons shared a similar sentiment, saying: “In January 2024, the first wave of ex-private property owners who were observing the 15-month wait-out period to buy 5-room and larger flats entered the market. Based on caveats lodged, the volume of 5-room and larger flats in 1Q 2024 were higher than 4Q 2023 by almost 10%.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
HDB resale prices rise 1.7%; private home prices up 1.5% in first quarter: Flash estimatesProperty analysts expect the HDB resale market to "remain stable" this year, while private property prices are expected to increase at a steady rate.
Read more »
Singapore tops SEA in tech funding with US$604M in 1Q24pstrongHomegrown Capillary had the highest funding round during the period./strong/p pSingapore continues to lead Southeast Asian cities in tech funding, raising US$604 in 1Q24./p pBehind Singapore are Jakarta (US$85.7m), Ho Chi Minh (US$33.2m), Taguig ($32.1m), and Watthana (US$11.0m).
Read more »
Condo leasing market continues decline in February while HDB rents hit new all-time highCondo rents fell 1% from January, while HDB rents rose 1%.
Read more »
The Chic Home: Lawyers’ Clementi BTO flat a perfect gathering spaceA space-conscious couple turn their HDB abode into a great place for get-togethers.
Read more »
Climate Voucher Scheme Expanded to All HDB Households in SingaporeAll HDB households in Singapore will receive S$300 worth of vouchers to buy climate-friendly appliances. The vouchers aim to offset the cost of purchasing energy- and water-efficient appliances. Other initiatives announced include a trial for thermal imaging cameras for rat surveillance in outdoor back-lane areas.
Read more »
Singapore to Provide Vouchers for Renting HDB Flats While Waiting for New FlatsA voucher of S$300 per month will be provided to support eligible families to rent a Housing and Development Board (HDB) flat or bedroom on the open market while they wait for their new flats to be completed.
Read more »