68% of HDB upgraders predicted to buy mass-market condos
As these have better yields.
According to iProperty survey, the condo dream remains alive and well in Singapore. When asked which type of property they are most interested in, 68% chose private condominiums, 35% chose HDB flats and 16% terrace houses.
Most HDB upgraders – 68% of respondents - are expected to buy mass-market condominiums, which offer more attractive yields compared to landed homes.
The results also show that mass-market private home prices for the non-landed category have risen 10% in the past year, while landed home prices have risen by only 4% over the same period.