Singapore property price on the increase
A view of a Build-to-Order public housing project located in Bidadari estate.
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SINGAPORE: Many people subscribe to the belief that property prices can only go up. It’s not hard to fathom why: Flash estimates show HDB resale prices surged 9.6 per cent in 2024, almost double the 4.9 per cent increase in 2023. The private housing market, while more subdued, still grew by 3.9 per cent.
The demand for resale HDB flats remained strong, with transaction volumes increasing by 8.28 per cent, totalling 27,889 sales.
Source: CNA
