Do you think the property price for resale flats will drop next year

Based on current forecasts, it is unlikely that the prices of HDB resale flats will drop in the upcoming year. Here are some key points:

- HDB resale prices are expected to grow at a moderate rate of 3-5% between 2024 and 2025, driven by stable demand and constrained supply.
- The number of flats reaching their Minimum Occupation Period (MOP) is decreasing, which contributes to the tighter supply in the resale market.
- Despite the increased supply of Build-To-Order (BTO) flats, the resale market is anticipated to remain stable, with no expectation of a significant price correction.
- Industry experts predict that the growth rate in 2025 will be slower, ranging from 5% to 8%, due to the constrained supply and shifting market conditions.

Overall, the consensus is that HDB resale prices will continue to rise, albeit at a slower pace, rather than dropping.