From Queenstown to Tanjong Rhu: Exploring Singapore’s Anticipated BTO Offerings
The Housing Development Board (HDB) recently announced exciting news for Singaporeans looking for homes. In February, they revealed plans for seven new Built-To-Order (BTO) projects in various neighbourhoods. These projects, set for launch in the second BTO sales exercise of June 2024, will offer a total of approximately 6,800 units of public housing across the […]
Shifting Perspectives: Reevaluating The Resale vs BTO Dilemma Under the New HDB Classification Framework
The choice between a resale HDB flat and a Built-To-Order (BTO) flat has always been a dilemma. However, with the new HDB classification framework starting in the second half of 2024, this dilemma intensifies, especially for first-time buyers. While some prioritise the appeal of a brand-new, never-before-occupied home, many others cannot afford to wait 4-5 […]
Budget 2024: Implications on Singapore’s Real Estate
In Deputy Prime Minister (DPM) Lawrence Wong’s Budget 2024 speech, several points directly affect the real estate market, with potential implications both positive and negative. While it’s too early to determine the long-term effects of these announcements, similar to past housing measures, they aim to maintain a resilient and strong local real estate market. This […]
Dec 2023 BTO Launch Sees Shorter Wait Times, HDB Raises Subsidies For 2 PLH Projects
The Housing and Development Board (HDB) launched 6,057 BTO flats on 5 December 2023 across eight projects in Bedok, Bishan, Bukit Merah, Bukit Panjang, Jurong West, Queenstown, and Woodlands. The final BTO sales exercise of the year is typically launched in November, but it was pushed back to December due to the huge backlog created […]
Expanding Housing Options: Singapore’s 3-Year Plan for HDB Two-Room Flexi Flats
In the midst of Singapore’s bustling urban environment, a significant housing reform is underway, to improve the lives of both single individuals and seniors. Beyond the announcements made by Prime Minister Lee on the reclassification of HDB flats, more updates have been given in Parliament concerning Build-To-Order (BTO) flats. Due to pandemic worries and a […]
The Ultimate Guide to Choosing Your BTO/New Launch Unit
As we all know, a property purchase is an exciting yet nerve-wracking milestone. This sentiment holds true, especially when you find yourself on the cusp of acquiring a fresh, never-before-occupied unit, whether through the BTO scheme, a new launch project, or other avenues. Welcome to your ultimate guide to choosing your future dream unit. A […]
NDR2023: Examining The Potential Impact Of New HDB Classification Framework
At this year’s National Day Rally speech, Prime Minister Lee Hsien Loong announced that HDB will soon do away with its “mature” and “non-mature” classification of BTO projects. In its place, a new classification framework of “Standard”, “Plus”, and “Prime” projects will be rolled out from the second half of 2024. This change was not […]
Parent’s Attraction Effect: Rising Demand for Homes Near Popular Primary Schools
The recent Primary 1 School Registration Exercise commenced last month and will be concluding at the end of August, much to the relief of many parents. With the parents’ attraction effect being a factor in our MOAT analysis, we can see this effect displayed clearly with the recent registration statistics. Certain primary schools were grossly […]
Singapore’s New HDB Flat Eligibility (HFE) Letter Explained: 4 Important Things Homebuyers Need to Know
Up till now, HDB flat buyers have been required to apply for the HDB Loan Eligibility (HLE) letter before booking their flat. In a press release on 28 April 2023, HDB said that it plans to simplify the process of purchasing a home by combining the evaluations of eligibility for HDB flat purchases, CPF housing […]
