The HDB resale price Diaries

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This coverage alter will predominantly have an affect on upgraders, who made essentially the most usage of re-issued OTPs. Such as, it used to be frequent for upgraders to protected the OTP to start with, and after that have the developer frequently renew it right until they were capable to sell their previous home. 

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Condos including the M, Midtown Bay, and Penrose would have created buyers baulk before, with their greater price for every sq. foot. 

URA has barred the apply of developers frequently re-issuing lapsed OTPs. Before this, it absolutely was a typical follow for developers to re-concern OTPs, if they lapsed after 21 days. Developers would keep on to take action, till the buyer could safe the funds desired.

Delays in development, along with renovations, may well trigger some buyers to favour resale about new models in the approaching calendar year; particularly if the transfer-in date, or maybe the day when landlords can start renting out, is vital. 

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Singapore incorporates a dynamic property market and we deliver you one of the most finish and up-to-day for sale listings to assist you make your investment selection. Future Property investors also needs to consult with our property data assets, property market news and Singapore HDB flats historic transaction prices. More on PropertyGuru