SINGAPORE: The higher housing grant announced during Budget 2023 could raise Housing Development Board (HDB) resale flat prices for smaller flats in popular locations, say property analysts.
They expect the revised Central Provident Fund (CPF) Housing Grant, which has increased by up to S$30,000 (RM99,300), to shift some demand to the HDB resale market, especially for four-room and smaller flats in mature or sought-after locations, as this group of buyers will receive the most grants.
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