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Commentary: How the new HDB policies for Plus and Prime flats will promote housing mobility

The property market in land-scarce Singapore is remarkably robust.

Developments with good locational and site attributes could in fact enjoy substantial capital appreciation, helping their owners reap a hefty windfall when sold on the open market.

As a result, housing here has been widely popular as an asset class for investors seeking to grow their wealth. The proliferation of investment activity has, in turn, exerted upward pressure on prices. 

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