BT EXCLUSIVE

Widening public-private home price gap may not dent upgrading demand

Consultants point to demand from en bloc sellers, smaller condo units and quantums; but trend may also raise risk of govt hand in narrowing divide

The HDB resale landscape has been uneven, with larger flats in mature and sought-after estates such as Toa Payoh (above) holding up in prices.

BT FILE PHOTO

Singapore

IS THE growing divergence in prices of resale public housing flats and private homes snuffing out the Singaporean dream of owning a condominium?

While price data might underscore such fears, market watchers note that there are many mitigating factors to keep the upgrading