Home Front

HDB supply: Too cool, too hot, or just right?

A property analyst has warned of a flood of resale flats hitting the market in 12 years or so amid an ageing population. While cause for concern, there are ways to address this.

It is a scenario that alarms Housing Board flat owners who see their home as an ever-appreciating asset - but which young people who are home-hunting might cheer: A vast overhang of flats for sale amid shrinking demand, and which pushes prices down.

That is the sobering prediction of property analyst Ku Swee Yong in a commentary for The Straits Times, "Prepare for supply avalanche as ageing HDB owners die", on March 5, in which he analysed the possible effect of an ageing population on public housing.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

A version of this article appeared in the print edition of The Straits Times on March 22, 2018, with the headline 'HDB supply: Too cool, too hot, or just right?'. Subscribe