What's New In Property

HDB resale market to stabilise with more clarity on older flats

The new initiatives will help prospective HDB buyers to look at the resale market differently. Liquidity could improve as confidence is restored since there are additional and more attractive options to monetise the flats.
The new initiatives will help prospective HDB buyers to look at the resale market differently. Liquidity could improve as confidence is restored since there are additional and more attractive options to monetise the flats.ST FILE PHOTO

Value proposition of Housing Board flats has improved with the latest policy initiatives

At the National Day Rally, Prime Minister Lee Hsien Loong outlined the Government's approach to resolve issues regarding the dwindling leases of Housing Board flats.

The announcement could not have been more timely.

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A version of this article appeared in the print edition of The Sunday Times on September 09, 2018, with the headline 'HDB resale market to stabilise with more clarity on older flats'. Print Edition | Subscribe