HDB resale prices have hit a fresh record in the first quarter of this year rising by 2.8 per cent compared with the previous quarter. But the latest figures show signs of a market that's finally stabilising after months of runaway prices.

Some analysts expect demand to continue to rise in the next few months but said cash premiums are unlikely to go much higher than the current median of S$25,000.

The official figures confirm estimates released earlier this month.


Read the full report HERE

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The government has recently introduced steps to prevent "over-heating" of our property price.

So, is our property prices getting out of control?

Is there a bubble waiting to be brust?

It seems ridiculous to me that people are willing to pay so much for a leasehold property and spending their entire working life (and delaying retirment) just to pay off their loan. Most times, both husband and wife need to work (and long hours) at the expense of family time.

So much for affordable housing.....what's your take?