As of May 2025, there is no indication that the trend in Hougang Central is to buy HDB flats above their valuation. Here are some key points:
- HDB resale prices in the first quarter of 2025 showed a slowing growth rate of 1.6% quarter-on-quarter, suggesting a stabilizing market rather than one where prices are being driven significantly above valuations.
- Transaction data for HDB flats in Hougang Central does not show a consistent pattern of sales above valuation. Prices are generally within the expected market range.
- The overall market sentiment is one of stability, with prices reflecting typical factors such as the age of the property, floor area, and floor level, rather than a trend of buying above valuation.
In summary, buyers in Hougang Central are not consistently purchasing properties above their valuation as of May 2025.
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