Bad times ? HDB flat price still rocketing sky high?

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Qinhuang

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When private -property price suffers a heavy loss , HDB house price continues to climb, new or resale !

One country, so many leegime's system!

Of course if HDB price is high, your CPF savings belong to the PAP, so you think HDB price will plunge if there is downturn.

This is ghastly mistake by the PAP to fire up the HDB price to wipe clean the CPF savings as well as to keep them in power.

How long more PAP can use foreigners (PRs and Naturalised aliens)to keep the HDB resale and new flats price high?

The great depression will come, and we will see what happens to HDB price
 
Next year all property price will fall with all the retrenchment and many FT(factory/construction worker) will be going back home.
Then there will be over supply room/HDB to rent. All will start to when down when owner cannot afford to pay laon without rental fee to collect.
Here what I estimate
HDB whole unit rent out 10% or more
About 30% or more rent out at least 1 room or more.
 
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