While it’s common knowledge among Singaporeans that BTO flats can be profitable, the burning question often is: just how much? While some standout properties like the Pinnacle @ Duxton boast exceptional returns, how do the majority really fare? In this piece, we take a look at the middle number between the minimum and maximum price offered for a flat type.
Project: Parkland Residences HDB Town Hougang Address: 475A-D Upper Serangoon Cres Lease Start Date: 2014 No. of Units: 680
Parkland Residences DBSS was launched more than 10 years ago in January 2012 and it was the second last DBSS to be launched before the scheme was stopped altogether. Regardless of your thoughts on how successful the DBSS scheme has been, this one, in particular, does have quite a number of.
With HDB's Aug 2022 BTO exercise in full swing, you may be looking at its five-room offerings, such as the ones in Ang Mo Kio, Choa Chu Kang and Tampines. Among them, the indicated price range for Ang Mo Kio's five-room BTO flats stands out. Rightly so, because at a jaw-dropping $720,000 to $877,000, Ang Mo Kio Central Weave's five-room.
With BTO flats seeing delays of a year or longer, it’s no surprise that resale flats are back in vogue. However, resale flats aren’t just more expensive; they come with the issue of lease decay. And for home buyers who have aspirations to upgrade later, older resale flats may be a hard choice. The best alternative may be a five-year.