Headline-grabbing million dollar HDB flats in Singapore sees unrelenting demand with a record 45 flats sold. 

Prime Time’s Bharati Jagdish finds out what else to expect from the exuberant HDB resale market, even in the face of rising interest rates with Nicholas Mak, Head of Research and Consultancy at ERA Realty.

They also discuss the Housing Board’s deficit climbing to a record $4.367 billion in the financial year ended Mar 31 and what this deficit will mean for consumers.