Emerging Trend.
A few months ago, RUN shared about the increment in "bank sales" of private residentials in local auction scene.
During the long weekend, RUN flipped through the whole of last week's classified ads. I believe I could have read the biggest most number of Bank HDB-sales, in living memory.
HDB owners are less likely to be speculators. Bank only started to offer HDB loans on a massive scale in recent years. So, to be honest, local interest rates barely increased (as of now) and we are already seeing home-owners suffering because their high HDB purchase-price.
Please get out of debts.