1) HDB upgraders are slowly getting priced out of the private property market. 2) The number of HDB upgraders acquiring new OCR condominiums has fallen steeply from 53.5% in 2021 to the smallest proportion across the period of analysis. 3) Buyers of new condominiums in the outside central region (OCR) are no longer mostly HDB dwellers, and the median price per square foot (psf) for suburban...
