Thursday, August 18, 2011

News flash: More HDB upgraders turning to private properties

39% of new private home purchasers in 2Q 2011 have HDB addresses, up from 35% and 37% respectively from the previous two quarters. This is according to data from DTZ and reported in the Channel 5 news tonight.

With the increase in income ceiling for both new and resale HDB flats as well as Executive Condominiums (ECs), the wife and I wonder if we will see a drop in the % in 3Q 2011...



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