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.
The resale flat market is booming in 2022, with prices rising for 19 consecutive months as of end-January. But just because there’s a surge in demand, that doesn’t mean every buyer will settle for any old flat (and neither should you!) With a record number of HDB flats reaching their MOP in 2022, you should have a good range to.
BTO projects are taking longer to build due to the Circuit Breaker last year, as well as manpower and supply crunch driven by the pandemic. The construction delays have even led HDB to allow you to cancel your BTO to buy a resale flat if you have urgent housing needs. On the other hand, buying a resale flat comes with.