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Resale Market Updates

Update No 1 Singapore Resale Market Snapshot (HDB & Private) Singapore's resale housing market continues to play an important role for both owner-occupiers and investors. Unlike new launches, resale properties offer immediate availability, established neighbourhoods and greater certainty regarding the surrounding environment. HDB Resale Market The HDB resale market has remained relatively resilient, although price growth has moderated after several years of strong appreciation. Buyers now have more choices, while sellers continue to benefit from healthy demand for well-located flats close to MRT stations, schools and amenities. Private Resale Market The private resale condominium market continues to attract buyers seeking immediate occupation without waiting several years for project completion. Well-maintained developments in mature estates remain particularly popular among families upgrading from HDB flats. Market Outlook A more balanced resale market benefits both buyers and sellers. Buyers have additional time to evaluate properties carefully, while sellers who price their homes realistically continue to attract genuine interest. KH Ngai's Perspective Whether purchasing a resale HDB flat or private condominium, buyers should evaluate the property's long-term value rather than focusing solely on current market sentiment. Factors such as location, lease balance, connectivity and future redevelopment potential often have a greater influence on long-term performance than short-term price movements.

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