Tag Archives: resale value

CAN THE GOVERNMENT ENSURE HDB FLATS KEEP THEIR VALUE OVER TIME?

There have been recent reports on the falling prices of Housing Board resale flats (“First HDB resale price dip since 2005″, Jan 25; and “Resale flat prices not yet at ‘steady state’”; last Sunday).The number of resale transactions has fallen considerably and we are seeing some negative cash-over-valuation deals. Despite this, National Development Minister Khaw Boon Wan says a “steady state” has yet to be reached and that home buyers should welcome the softening prices of HDB resale flats.

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