15-Month Rule Gone. Will HDB Prices Go to the Moon?

Video description from @therightmovesg

The 15-month wait-out period has been removed with immediate effect for private residential property owners buying non-subsidised HDB resale flats.

Naturally, the first question is whether resale prices will start climbing again.

Here is why I wouldn’t jump straight there.

HDB prices remained resilient despite high MOP numbers, and it took three years for growth to settle towards a more sustainable rate. The measure was also removed after the authorities considered multiple data points.

Now the useful evidence comes from buyer behaviour.

Do more private-property owners enter the resale market? Do transaction volumes or price patterns change? What does the BTO application rate suggest about where housing demand is flowing?

The rule has changed. That is a fact.

Whether the market changes with it is what the next set of numbers must show.

Follow me for the grounded read as those numbers come in.

#AlvinChinRealtor #TheRightMoveSG #HDBResale #SingaporeProperty #PropertyMarket