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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...
As of 2022, the average price of a 5-room resale flat, island-wide, has reached around $612,520. This is the point where home buyers yell “No way”, because everything they’ve seen appears to be well past that price range. The truth is, there are some HDB towns that go well beyond this – just as there are some that have stayed...
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...