PropertyGuru

PropertyGuru Pte Ltd owns and operates a real estate property information website. The Company offers facilities to search for condominiums, apartments, Housing and Development Board (HDB) flats, serviced apartments, houses, and commercial properties to rent and buy in Singapore.

Asia's Leading Online Property Group

Asia's Leading Online Property Group, PropertyGuru

Bjorn Sprengers

Thematic (Sector/Industry)

As we grow older, it seems like everything was better in the past, perhaps even our HDB flats. We examine how the age of our older HDB flats contribute to their value:<ul><li>In general, older flats transact at higher $psf values than newer flats</li><li>However, newness still commands a premium in the central areas, where a large number of older flats are located</li><li>Buyers of older flats need to be aware of future redevelopment for their estates, and plans for SERS</li></ul>

As we grow older, it seems like everything was better in the past, perhaps even our HDB flats. We examine how the age of our older HDB flats contribute to their value:In general, older flats transact at higher $psf values than newer flatsHowever, newness still commands a premium in the central areas, where a large number of older flats are locatedBuyers of older flats need to be aware of future redevelopment for their estates, and plans for SERS

Valuing nostalgia: Are older flats worth more?