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Dear Gurus, I notice that many HDB owners are rushing to sell their HDB flats. What is the rush to meet the July 1 deadline? Do you expect HDB resale prices to drop drastically? I'm an overseas owner who is also very concerned. Any professional opinions are greatly appreciated.
Hope to hear from you soon. Thank you so much.
Regards, Ms. Catherine
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4 Answers

Prices index is very high now. will it continue?

Gov has launched many BTOs which owner has to dispose their existing HDBs, which wll add into the resale market inventory.

For further non-obligated discussion, please contact Mike 90090421 

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Evening,

As stated in some business reports, unless the government closes the door to the world or implement drastic measures, it's very hard for property prices to fall. This is especially so to a developed country with limited land resource, well maintained infrastructure and stable economy.

I'm not sure why 1st July is an issue as the ruling stated in the latest cooling measures was long active just that now, they make it public.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
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Hi Catherine,

As of today's Straits Times, COVs for 1st quarter has dropped across the island, while prices are still inching upwards as a whole.

As a HDB home owner, I believe your concerns would be your long term plans if you were to be returning to Singapore for good but does not have a place to stay and need to purchase by then, which we do not know what is holding in the future.

The current sentiments are mixed and while many are rushing to sell, overall transacted volume are not as encouraging.

Let me know if there is any further concerns which you need my assistance.

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Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7 - Whatsapp / Call / SMS

Why Should Sellers/Landlords engage me? Contact me @
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