It’s been one year since the introduction of HDB’s Prime, Plus and Standard classification framework.
But while Prime flats continue to attract strong interest, demand for Plus flats has been more uneven, with some buyers appearing cautious about taking on tighter resale conditions, without a clear location premium.
So what does this tell us about buyer behaviour, affordability, and the effectiveness of the new framework so far?
And as more flats come on stream, what could this mean for future demand across different locations?
On The Big Story, Hongbin Jeong speaks to Nizam AR, Associate at ERA Realty Network, for more insights.