Proportion of buyers with an HDB address looks set to increase WITH foreign buyers pulling out of Singapore's property market on the back of deteriorating global economic conditions, Housing Development Board upgraders are forming an increasingly important group of buyers here. According to a recent DTZ analysis of private property caveats lodged in the third quarter, purchasers with HDB addresses make...
HDB Upgraders
For those with an eye on property, it’s a buyers market now, and home hunters who’ve done their homework may be able to snag some good deals, especially for those looking to upgrade. This, according to real estate agency Propnex’s CEO, Mohamed Ismail, who held a talk for alumni members at the National University of Singapore. Prices of HDB flats jumped 17 per cent in 2007 and it is set to continue...