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Will the HDB resale price stablise or go down lower as the governement plan to construct more new flats in 4 years time? How many 4 years we had heard but the reslae flat price is heading north most of the time.
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1 Answer

Mike Lim
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Afternoon,

Singapore allow more PRs and new SCs application. People would prefer to have a roof over their head asap, and being able to choose the location which is more convenient. HDB being a common housing option, appeals almost all class of buyers. New flat owners would want to sell their new flat at good profit, after MOP.
With all the above human mentality, do you think HDB prices will go south? By studying the resales pricing from the early 1980s would give you a very clear indication. Land is limited but population is expanding fast. Supply does not meets demand. Putting all pieces together should help you clear your current doubt.

Regards
Mike Lim
 96929209 
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