Rise in HDB resale prices to ease next year from property cooling measures: Analysts

HDB resale flat prices have increased sharply after a six-year decline. ST PHOTO: LIM YAOHUI
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SINGAPORE - Home buyers deterred by high Housing Board (HDB) resale flat prices may have a better shot at securing a unit next year, given that new property cooling measures are widely expected to dampen the red-hot market.

The double-digit growth earlier tipped for HDB resale flat prices has been lowered by at least two property analysts to more manageable increases of around 5 to 8 per cent.

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