In the latest HDB BTO exercise in this month, the larger flats in mature towns attracted strong demand. For example, the 5-room HDB flats in the Tampines BTO project were oversubscribed by 20 times!
The different types of housing grants, such as the newly introduced Enhanced Housing Grant has narrowed the price difference between BTO and resale HDB flats. Coupled with the tight competition for BTO flats in mature estates, buyers are faced with an important question: Is it better to purchase a HDB BTO flat or a HDB resale flat?
Check out the LIVE studio interview of “Hello Singapore” on Channel 8 with Mr Nicholas Mak, Head of ERA Research & Consultancy Department, to gain more insight on this topic at https://www.8world.com/
Always there for you,
ERA Research & Consultancy