HDB resale prices rise for the first time in nine quarters | Real estate market



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The latest series of property borders should bring buyers to the HDB resale market, where properties are cheaper.

Resale home prices jumped 0.1% in the second quarter of 2018 HDB resale transactions increased 33.3%, from 4,458 in the first quarter of 2018 to 5,941 in the second quarter quarter of 2018, according to data from the BHD.

More info: HDB resale price Christine Sun think the high demand for resale homes could be "supply-driven because more units have been completed over the past few years. past years, "she explains. It revealed that the number of flat completions of HDB jumped from 124% to 15,456 units between 2011 and 2013, from 6,902 units between 2008 and 2010.. In fact, it expects resale volume to increase in the coming years, an avalanche of 25,323 HDB homes having been completed from 2014 to 2017 and reaching MOP from next year. . Eugene Lim, the principal executive of Realty, expects homeowners with tighter budgets and property owners to turn to the resale market of HDB, where properties are cheaper [19659004]. choice, and unlike BTO apartments, the eligibility conditions are much less stringent; especially if the buyer does not apply for CPF housing grants; "However, as buyers who wish to borrow will have to choose between bank loans, will be affected by LTV, or HDB, loans that have a higher Lim expects that total resale transactions for that year will be between 20,000 and 22,000 units, slightly less than the 22,077 units traded in 2017.

the number of applications approved to rent HDB apartments increased by 2.6% to 12,024 in Q2 2018 by compared to 11,721 in the previous quarter

Lim revealed that 23,745 units were rented in H1 2018, up 13.6% from 20,910 units rented in H1 2017.

"For renter more Budget conscious, HDB apartments remain the accommodation of choice because of their combination of location and budget, "he said.

HDB announced that it will offer 4,300 Build -to- order (BTO) apartments in Punggol and Yishun in August.In addition to the new ap Partly, a re-offer exercise of balance exercises will also be performed

Find HDB apartments for sale or read our guides HDB . Can you afford an HDB resale apartment? Check your accessibility now.

Romesh Navaratnarajah, editor of PropertyGuru, published this story. To contact him about this or other stories, send an email to [email protected]

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