Real demand will never be affected by crisis.
Everyone will need a roof over their head, regardless of status.
HDB RESALE reports for month of June showed the exact fact of strong rebound, after the circuit breaker in April and May 2020.
HDB resale volume surged in June 2020 due to pent-up demand from the Circuit Breaker.
Buyers were waiting to inspect the units physically and make a purchase.
Despite the high sales figure, resale prices dropped by 0.2% as sellers were realistic about the current situation.
Sales figure for the upcoming months could remain relatively high if the pandemic situation is under control.