{"id":112548,"date":"2019-11-22T10:16:15","date_gmt":"2019-11-22T03:16:15","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/proportion-of-condominium-buyers-with-hdb-addresses-fall-to-29-5\/"},"modified":"2019-11-22T11:03:59","modified_gmt":"2019-11-22T04:03:59","slug":"proportion-of-condominium-buyers-with-hdb-addresses-fall-to-29-5","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/proportion-of-condominium-buyers-with-hdb-addresses-fall-to-29-5\/","title":{"rendered":"Proportion of condominium buyers with HDB addresses fall to 29.5%"},"content":{"rendered":"


\nMeanwhile, the proportion of condominium units sold to private homebuyers stood still at 50% from the previous quarter.
\nThe proportion of condominium units sold in in Q2 2019 to those having HDB addresses dropped to 29.5% from 37.8% in Q1, reported Singapore Business Review citing Edmund Tie.
\nThis figure includes HDB investors and upgraders who reside in HDB flats.
\nThe drop was due to the sales volume of buyers with HDB addresses falling 3.4% quarter-on-quarter to 1,232 units in the same quarter after rising 33.2% in Q1 (see below).
\nImage: Edmund TIE Research
\nData also showed that the proportion of buyers with HDB addresses for new sales fell by nearly 15 percentage points. On the contrary, the drop in resale units was less drastic, declining by only 1.6 percentage points. This could be mean that resale properties are seen as being more value-for-money (larger units for the same purchase price) among HDB upgraders and investors.
\nREAD:\u00a0Is The \u2018Wait-And-See\u2019 Property Market Finally Over?
\nImage: Edmund TIE Research
\nMeanwhile, the proportion of condominium units sold to private homebuyers stood still at 50% from the previous quarter.
\nLooking for a property in Singapore? Visit\u00a0PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\n\u00a0
\nVictor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0victorkang@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Proportion of condominium buyers with HDB addresses fall to 29.5%<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Meanwhile, the proportion of condominium units sold to private homebuyers stood still at 50% from...<\/p>\n","protected":false},"author":1,"featured_media":112549,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-112548","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2019\/11\/EDMUND-TIE-Housing-Report-Singapore-Q3-2019.pdf.png?fit=700%2C483&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-thi","jetpack-related-posts":[{"id":125906,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-hdb-resale-prices-rise-at-slower-pace-in-q1-and-more\/","url_meta":{"origin":112548,"position":0},"title":"Private home prices, HDB resale prices rise at slower pace in Q1 and more","date":"April 25, 2022","format":false,"excerpt":"\r 19th April to 25th April 2022 Despite the property cooling measures, private home prices continued to increase in the first quarter of 2022, albeit at a much slower pace of 0.7%. 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