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There’s still housing demand but heavy reliance on investor buyers poses risks In July last year, a buying wave of tsunami proportions drove developers’ sales for the month to an astounding 2,772 units. To put that into context, the number was huge even for a quarter, let alone a single month. It is easily more than three [...] PRICES of HDB resale flats fell in the first quarter of this year – the first decline since 2006 and a sign that the two-year run of record-breaking gains has ended. Flash estimates yesterday showed that prices dropped by 0.6 per cent for the first three months, compared with the fourth quarter of last year. Prices in [...] |
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