HDB Flats price increase because of 2% yearly inflation, it all depends on demand and market prices on the balance of years left, it is never an asset due to its depreciating value

https://www.propertyguru.com.sg/property-management-news/2018/9/174311/hdb-flat-prices-to-appreciate-but-not-as-fast-as-b?utm_source=pgsg-newsalert&utm_medium=edm&utm_campaign=dailynews-03Sep2018&utm_content=links

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