News analysis

Why are HDB resale prices rising and what does this mean for home buyers?

The steadily rising prices of HDB resale flats has set off concerns about home affordability. PHOTO: ST FILE
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SINGAPORE - Prices of Housing Board resale flats have been climbing for 14 straight months, since Singapore exited the circuit breaker period in June last year, and are almost reaching an all-time high.

Barring any government intervention, prices are widely expected by many property analysts to continue rising in the coming months.

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