What would you do when HDB Resale Price falls? - Seedly


Resale HDB

Asked by Anonymous

Asked on 30 Apr 2019

What would you do when HDB Resale Price falls?

Recently, HDB resale prices declined by 0.3% q-o-q in the first quarter of this year, compared to the 0.2% q-o-q decline in the previous quarter, according to the latest statistics by the Housing and Development Board (HDB). https://www.edgeprop.sg/property-news/hdb-resale-prices-fall-03-third-consecutive-decline


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Chin Guo Qiang
Chin Guo Qiang
Level 5. Genius
Answered on 12 May 2019

Hold on if your current flat is HDB Resale flat. For buyers, the implication won’t be very volatile since flat prices don’t move a lot.

This can be a potential time period for good deals on HDB Resale Flats, if coupled with good bank housing loan deals (Housing Lian % falling below 1.8% that is)