Singapore sees the rise of million-dollar HDB flats

Singapore sees the rise of million-dollar HDB flats

Asia One·2022-08-31 17:04

Hundreds of public housing apartments in Singapore, one of the world's most expensive cities, are being sold for over one million Singapore dollars as Covid-19 -related construction delays create a shortage of new units.

At least two units have surpassed the million-dollar mark in US dollars, and the high prices are fuelling talk of new government measures to try to cool thriving property markets.

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