HDB resale market slows in November amid cooling measures and BTO supply Singapore News

  • 📰 IndependentSG
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 72%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

SINGAPORE: The Housing Development Board resale market experienced a slowdown in November, attributed to recent Build-to-Order launches and ongoing government cooling measures, according to property

analysts.

Speaking with Singapore Business Review , Wong Siew Ying, Head of Research and Content at PropNex, pointed to several contributing factors. The reduced loan-to-value limit for HDB loans introduced in August has curbed buyers’ borrowing capacity, impacting resale demand. Additionally, the year-end period typically sees slower market activity.

Mark Yip, CEO of Huttons Asia, echoed these observations, emphasizing to SBR that buyers increasingly prefer flats in mature estates, which are not subject to restrictions tied to Plus and Prime flats. This preference has resulted in faster price growth in mature estates compared to non-mature ones. Despite the recent slowdown, analysts remain optimistic about the HDB resale market’s resilience. PropNex projects resale volumes for 2024 to range between 26,000 and 28,000 units, while Huttons estimates a slightly higher range of 29,000 to 30,000 units.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 2. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

4 Singapore stocks to keep an eye on this November Singapore News%
출처: IndependentSG - 🏆 2. / 72 더 많은 것을 읽으십시오 »