by OrangeTee & Tie Pte Ltd.

HDB resale market likely to remain robust this year



The introduction of new cooling measures in December 2021 has led some to question - if the trend of million dollar flats will die down. 

Ms Christine Sun, senior vice-president of research and analytics at real estate firm OrangeTee & Tie, said the new cooling measures may not have that big an impact on buyers of pricey units.

"Some buyers of million-dollar flats may not be applying for a maximum loan while others could be borrowing from financial institutions. Those who buy million-dollar HDB flats usually have the financial means as well," she said.

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