Commentary: After first quarterly dip in nearly seven years, where are HDB resale prices headed?
Government
The latest dip in HDB resale prices suggests that the market is headed towards a more balanced state, says market observer Lee Nai Jia. SINGAPORE: Prices of resale Housing and Development Board (HDB) flats fell for the first time in nearly seven years, raising an inevitable question: Is this a turning point in a market that heated up rapidly during COVID-19 and the years that followed? Going by HDB’s flash estimates, the market is gradually finding its footing. The resale price index in the
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