Public housings built by Singapore’s Housing and Development Board. Photo: Roy Issa
Public housings built by Singapore’s Housing and Development Board. Photo: Roy Issa
Singapore

Singapore’s first-time homebuyers in a bind as public housing prices close in on record levels

  • With a pandemic-induced labour shortage adding years to the wait times for future builds, prospective homeowners are turning to the resale market
  • But this means the HDB price index has risen for 14 straight months, and is now just shy of the record high set in April 2013

Public housings built by Singapore’s Housing and Development Board. Photo: Roy Issa
Public housings built by Singapore’s Housing and Development Board. Photo: Roy Issa
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