On a year-on-year basis, the number of resale transactions in the third quarter was up 24.3 per cent, according to HDB data.
"The fast turnaround in the property market could be fuelled by the aggressive stimulus packages unleashed globally to weather the economic fallout of the pandemic," she said. The increase in prices could"possibly be attributed" to many newer HDB resale flats being sold last quarter."Some sellers may have also increased their asking price in light of the rising demand for HDB flats," said Ms Sun."Many BTO flats from recent launches were slated to be completed in four to five years’ time and the long waiting period drove some buyers to the resale market especially for couples with urgent accommodation needs.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
After the success of Singapore’s first eco-town Punggol, what next for HDB green living?SINGAPORE: When it's still dark in the early morning, you wake up and switch on the lights powered by solar energy. Motion sensor lights in the ... Errr..... Define 'success', or just another self appraisal....
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
SingPass Mobile team, HDB and RSAF engineers receive public sector awardsSINGAPORE - In developing the SingPass Mobile app, the development team was guided by one important principle: Nobody gets left behind as Singapore strives towards its vision of being a smart nation.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Man sentenced for visiting woman during COVID-19 circuit breaker, drink driving and road disputeSINGAPORE: A man assaulted a cabby after a road dispute, and later broke COVID-19 laws by sending food to a woman during the 'circuit breaker' and ... Because china Virus travel with him during circuit break... That guy should checked who sitting with him 🤣
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Industrial rents, prices extend decline in Q3; projects hit by Covid-19 construction delays: JTCJTC sees continued downward pressures on prices and rentals.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Australia's Covid-19 hotspot Victoria sees active Covid-19 cases fall to 4-month lowVictoria state recorded just one new infection in the past 24 hours.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
US likely to have enough COVID-19 vaccines for all vulnerable Americans by year end: OfficialThe United States is likely to have enough safe and effective COVID-19 vaccines available to inoculate the most vulnerable Americans by the end of ... The American people will protest this as they do Bill Gates vaccines.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »