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How big of a 'windfall' is a prime region HDB flat?


Telok Blangah Towers (Bukit Merah)
For this comparison, we’re aware that different developments could’ve launched at different times and so their profitability gets skewed e.g. a BTO launched at 2007 pricing and was sold in 2016 would’ve see huge profits given the stellar rise in property prices between 2007-13.
To mitigate this, we’ve compared the prime with non-prime developments that were launched shortly before, during or after the prime BTO launch.
In addition, we considered only resale transactions within 24 months of the very 1st transaction for the HDB. In other words – how much money do owners make on average if they sell within the 1st 2 years of their MOP? ....

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