HDB Prices On Its Way Down
GOOD news for home buyers eyeing the resale flat market: About one third of HDB sales in the first quarter were sold at or below the flat's valuation price.
The level in some areas was far higher. In Sengkang, for instance, up to three in four five-room flats sold by ERA Asia Pacific were done at or below valuation.
This means those buyers did not need upfront cash to buy their dream home.
Read the full report in Thursday's edition of The Straits Times.Source : The Straits Times, April 15, 2009
