Fewer HDB dwellers buy private properties as cooling measures bite
PUBLISHED ONJuly 20, 2013 12:00 AMByDaryl Chin
Crowds thronging the showroom on the first weekend of the launch of CapitaLand’s Moshe Safdie-designed Sky Habitat condominium in Bishan. Recent property measures have put a squeeze on the number of Housing Board dwellers buying private properties.
According to the latest early figures, buyers with HDB addresses picked up 3,700 new private homes in the first six months of the year. This seems to mark a slowdown from last year, which saw 9,985 such transactions across 12 months.