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by OrangeTee & Tie Pte Ltd.

Enhanced CPF housing grants boosted HDB resale market in H2 2019

Exclusive Research Collaborations

February 2020


Singapore, 06 Feb 2020

In H2 of 2019, there was an increased number of sales in the HDB resale market as changes in CPF housing grant policies provided better housing affordability for Singaporeans. Buyers were also allowed greater flexibility in using CPF to buy older flats.

Orange Tee & Tie reports that based on historical data, here seems to be a strong correlation between the number of younger flats being sold and the number of flats that have reached their Minimum Occupation Period (MOP) in that year. 

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