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.
2022 has seen a bumper crop of flats reach their MOP; around 31,000+ flats to be precise. Good news for home buyers who can’t wait for four to five years for a BTO flat, but there’s one problem: Many of these newer flats are at a premium, and first-time buyers may be priced out. For those of you in this.
With the demand for ready-to-move-in homes during these pandemic times, many have been looking forward to 2022, where there’s a total of 36 BTO estates that will have reached the much-awaited MOP status. We recently compiled the full list, along with the brochures, some commentary on each, and the analysis of each floor plan to help you compare spilt.
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.