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Sales of newer HDB flats hit 9-year high in 2019
4,578 units that were less than 10 years old changed hands, 33.4% up from previous year
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Punggol and Sengkang had the highest number of newer flats sold from 2011 to last year.
PHOTO: ST FILE
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Increasing numbers of home owners have been selling their Housing Board flats the moment they hit the minimum occupancy mark.
Sales of HDB flats less than 10 years old hit a nine-year high last year, when 4,578 units changed hands - 33.4 per cent up on the 3,432 moved in 2018. The low point was in 2014 when only 1,021 units were sold.
