Singapore, 10 Dec 2021 HDB resale prices experienced a jump by 1.3% month-on-month (MoM) in November 2021, 99.co reported.
This price increase was observed in both mature and non-mature estates, for 3-Room, 4-Room, 5-Room, and Executive flats. Moreover, prices increased significantly when compared on a Year-on-Year basis.
OrangeTee’s Christine Sun expects this growth to rise 10-12% this year. According to her, prices could climb higher but at a slower pace of between 8-11% next year due to higher selling prices and price resistance in specific locations.