Unlike past years which saw at least four Built-to-Order (BTO) sales exercises in total, 2024 will have just three: one each in February, June, and October. However, with a total of 19,600 units being launched this year, this translates into more opportunities for applicants to secure a flat, plus greater freedom to take their pick from a larger pool of units and neighbourhoods. Source: HDB, ERA Research...
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Just what could a ramp up in the supply of Built-To-Order (BTO) flats do for Singapore’s housing market? On one hand, it is likely to result in greater HDB flat availability for locals, and on the other, it could also lead to further price appreciation.Source: The Straits Times, 3 Mar 2023, ‘We will turn the corner soon’: Desmond Lee says nearly 100,000 homes slated to be ready by 2025, HDB; The...
Deputy Prime Minister and Finance Minister Lawrence Wong delivered the 2023 Budget statement in Parliament yesterday, and we've summarised the key changes to housing policies in this nifty infographic. Share it with someone who needs a quick refresher! #OneERA...