FilthyRich
11-04-12, 10:28
Recently on the news, it was stated that housing prices for private houses have started to fall, as seen on the straits times.
Here is the link ST. (http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_784455.html)
In my opinion this is due to the government plan to house more people in HDB flats, with their development in terms of BTO and DBSS flats, which offer both affordable and better living conditions.
With the demand of HDB increasing, noticed from the constant increase in price of the HDBs, demand for private estates fall proportionately.
What would the future of prices of private property be? will it continue to fall?
Increase at a decreasing rate compared to HDB? or continue to rise significantly.
Here is the link ST. (http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_784455.html)
In my opinion this is due to the government plan to house more people in HDB flats, with their development in terms of BTO and DBSS flats, which offer both affordable and better living conditions.
With the demand of HDB increasing, noticed from the constant increase in price of the HDBs, demand for private estates fall proportionately.
What would the future of prices of private property be? will it continue to fall?
Increase at a decreasing rate compared to HDB? or continue to rise significantly.