HDB Resale Transactions.

Resale Flat Prices (Based on Registration Date), from Jan 2017 onwards.

The transactions exclude resale transactions that may not reflect the full market price such as resale between relatives and resale of part shares.

Resale prices should be taken as indicative only as the resale prices agreed between buyers and sellers are dependent on many factors.

"Remaining lease" is the number of years, months and days left before the lease expires. This information is computed as at the resale flat application and has been rounded up to the nearest month for the purpose of CPF monies usage and HDB loan application.

Introduction

HDB Resale @ SG is a comprehensive simulation game that immerses players in the complexities of Singapore's Housing Development Board (HDB) resale market. Players navigate the challenges and opportunities of buying and selling HDB flats, learning the intricacies of the real estate market and developing strategic decision-making skills.

Gameplay

The game begins with players selecting their desired HDB flat type and location. They then embark on a journey of property viewings, negotiations, and financial planning. Players must carefully consider factors such as floor area, amenities, proximity to transportation, and future development plans to make informed decisions.

Property Transactions

Buying and selling HDB flats in the game involves realistic processes. Players submit offers, negotiate prices, and complete transactions through a virtual Central Provident Fund (CPF) system. They must manage their finances effectively, balancing affordability with their desired property features.

Market Dynamics

The HDB Resale @ SG market is dynamic, influenced by factors such as government policies, economic conditions, and property supply and demand. Players must monitor market trends and adjust their strategies accordingly. They can participate in online forums and engage with other players to gather information and insights.

Financial Management

Financial management is crucial in the game. Players must track their income and expenses, including mortgage payments, property taxes, and maintenance fees. They can use the CPF system to finance their property purchases and build their savings.

Investment Strategies

HDB Resale @ SG offers opportunities for players to develop and implement investment strategies. They can buy and sell properties to generate rental income or capital gains. Players must consider factors such as location, market demand, and potential future appreciation when making investment decisions.

Social Interactions

The game fosters social interactions among players. They can form alliances, share market information, and participate in online discussions. By collaborating with others, players can gain valuable insights and expand their networks.

Education and Learning

HDB Resale @ SG serves as an educational tool for players to learn about the Singaporean real estate market. They gain practical experience in property transactions, financial management, and investment strategies. The game provides a safe and controlled environment to experiment with different approaches and develop their understanding of the industry.

Conclusion

HDB Resale @ SG is an engaging and informative simulation game that immerses players in the intricacies of Singapore's HDB resale market. It offers a comprehensive platform for learning, decision-making, and investment strategy development. Through realistic gameplay and social interactions, players gain valuable knowledge and skills that can enhance their understanding of the real estate industry.