In a surprising turn of events, new private home sales plunged by a staggering 34.6% in December 2022, revealing a slowdown in the property market. However, there was a silver lining as HDB completed the most flats in five years, suggesting a promising outlook for public housing. Stay informed with more updates on the real estate landscape.
In a bid to address the pressing demand for housing in Singapore, the government is implementing measures to increase the supply of private homes and shorten the waiting time for Build-To-Order (BTO) flats offered by the Housing Development Board (HDB). These initiatives aim to alleviate the housing crunch and cater to the evolving needs of Singaporeans. Stay tuned for further updates on this progressive move by the government.
In a frenzy of excitement, all Serangoon May 2023 BTO flats were quickly sold out, leaving aspiring homeowners eagerly awaiting the next launch. Meanwhile, Grange 1866’s much-anticipated preview event is scheduled for 17 June 2023, attracting prospective buyers searching for their dream abode. Stay tuned for more updates on Singapore’s real estate market.