The Housing & Development Board (HDB) Build-To-Order (BTO) scheme in Singapore has long been a crucial pathway for many in securing affordable housing. Occurring four times a year, these BTO exercises draw significant attention, as hopeful applicants vie for a limited number of flats. These BTO flats are highly sought after due to their comparatively lower prices than the current.
With the new Prime, Plus, and Standard classifications, the top winners are the owners of certain mature-area flats. These existing flats don’t have 10-year MOPs or Subsidy Recoveries but are every bit as desirable as a newer Prime or Plus flat. In light of that, here’s a list of HDB projects that might see increased demand; most of them are.
An affiliate of St. Paul, Minnesota-based Presbyterian Homes & Services has closed on $38.7 million in financing for its planned 120-unit senior living community in Muskego.