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.
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.
One of the key aspects of buying an HDB flat is that after completing the flat purchase (aka the key collection), you’ll need to occupy the flat for a certain number of years. This period, known as the Minimum Occupation Period (MOP), usually lasts five years. (For Prime Location Public Housing (PLH) flats, it’s 10 years.) When the MOP ends,.