Condo owners shelving plans to downgrade, others who sold homes are stuck, say agents after cooling measures
Channel NewsAsia - Commentary·2022-09-30 19:01
SINGAPORE: Some condominium owners are postponing plans to cash in on their home and downgrade to an HDB flat, while those who have sold their property are now in a difficult spot, property agents told CNA on Friday (Sep 30).
These private property owners will have to enter a red-hot rental market to lease a place for more than a year before buying an HDB flat, or consider moving to a smaller but cheaper condo unit, the agents said.
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