Chinatown shopping for the lunar New Year. Taken on 5 Feb 16.
HDB prices up by 31%!
Bee tang! All Singaporean HDB heartlanders must cheer for this piece of good news. The value of their flats has gone up like in the 1990 property booms.
But better don't rush to sell it off yet. For one must be able to buy another place to live in. Probably not enough to buy a new one. But it may be good to know that the asset is worth more.
Can use it as a trade off against the compulsory annuity scheme? Singaporeans are now asset rich again.