HDB resale flat demand to hold steady: analysts

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HDB resale flat demand to hold steady: analysts
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pemResale prices are up for eight months in a row./em/p pDemand for HDB resale flats will likely hold steady in the coming months as more homebuyers turn to the secondary market, according to analysts.

Demand for HDB resale flats will likely hold steady in the coming months as more homebuyers turn to the secondary market, according to analysts.

Wong said the demand for resale flats will likely remain stable with the ex-owners of private homes set to return to the secondary market after after serving out the 15-month wait-out period. Mark Yip, CEO of Huttons Asia, said the resale market received “steady interest” last month but transactions will likely dip in June with school holidays starting.

The sustained price growth of resale flats may have also motivated more homeowners to put their HDB flats up for sale.

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