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HDB resale prices will keep climbing up for 2024, but “modestly”
https://theindependent.sg/hdb-resale-pri...-modestly/
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Good and steady is better isn't it.
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Govt legalized manipulation of property prices.
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If you don't buy now, later you may need to pay higher.
The number of resale flats selling at million dollars is increasing each year. It shows purchasing power of citizens is northward.
Just look at food prices at Hawkers Centres , 1% GST increase, food prices are 5% or more adjusted.
For example: a cup of coffee is adjusted from $1.10 to $1.30
Bak Kwa is not a necessity but many Q to buy.
Most citizens are not poor.
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There is a limit in supply money
This all the effect of free money
Ppl now smarter put money in stock or property
But bubble will form somehow
Just dont know when