HDB Market Outlook

Property analysts expect public housing market to do well in 2009

Singapore's public housing market is expected to do well this year, compared to the slumping real estate markets across Asia. The economic slowdown means homebuyers are likely to opt for cheaper units from the Housing and Development Board (HDB) over more expensive housing like condominiums. On the private housing front, transaction volumes and prices have fallen at an increasing pace in recent months...

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