HDB prices increased slightly in midst of covid-19 crisis despite no physical viewings allowed. Prices will likely to adjust for the resale market as more HDBs reached their 5-years’ MOP and allow to sell in the secondary market. Tengah which is a new town will have new BTOs constructed and with the new estate, we would expect to see more upgraders in the future for the west region. As more resale HDBs crossed the high 6-figures’ sales figures, Forett at Bukit Timah will have resale value in the future being close to Jurong Lake District and most importantly is a freehold property. Forett at Bukit Timah is likely to launch in late July 2020.
Source: The Straits Times
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