[Clyde]

Got dropped before lah. In 1997 (Asian Currency Crisis), dropped quite a lot. I remembered my colleague sold his HDB at a loss and moved to a condo.

2000 also dropped (dot com bubble, maybe 911 also a reason).

2013 dropped but that was mainly due to the unreasonable surge several years earlier due to the US Subprime Crisis. Should have dropped but US printed so much money the HDB prices cheong until 2013 then took a rest.


https://www.hdb.gov.sg/-/media/doc/EAPG-...Chart.ashx

I am referring to the original seller, HDB, not the resale market price. During the AFC, there is almost no new hdb construction. Even if there is, the floor size is much smaller then the older hdb.