The resale flat shortage is slowly but surely coming to an end, and we might be seeing the start of a bigger influx of supply. Will this mean the end of high rent or high Cash Over Valuation (COV)? It’s unclear what the impact of the supply surge will be; but for now, it’s a good time to be looking.
While some HDB estates are seeing moderating prices in 2023, one fact remains unshaken: for homeowners seeking a long-term stay in an HDB property and finding the wait for a BTO untenable, targeting flats that have just reached their Minimum Occupation Period (MOP) is still the most viable move. With market dynamics being influenced by various factors, from high interest.
When people want to get a new HDB flat, they usually take the HDB BTO route. Or they might turn to Sale of Balance Flats (SBF) or open booking. On the other hand, these sales exercises are very competitive, so it's tough to get a queue number. One option is to go for a BTO flat that has finished its.