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Hot Singapore HDB Market: Million Dollar Flats and What They Mean for You

Million-dollar HDB flat sales hit record high. This could be due to several factors, including strong demand for larger flats in prime locations and a decline in the supply of resale condominiums and executive condo units.

 Resale prices continue to climb. This trend may continue in the near future, as demand for HDB flats remains high. This could price out some buyers, particularly first-timers.

HDB resale volume dipped in June. This could be due to the June school holidays or buyers diverting their attention to the BTO launch that took place in the same month. However, resale volumes are still higher compared to the same period last year.

Overall, the HDB resale market appears to be healthy and resilient. However, rising prices could make it more challenging for some buyers to enter the market.

#Andyseng

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