reporter2
28-01-22, 11:10
Home buyer’s poser: BTO or resale flat?
EdgeProp Singapore
January 28, 2022
A recurring dilemma that most home buyers who enter the public housing market face is the choice between new Build-To-Order (BTO) flats and the myriad of HDB resale flats available on the secondary market.
“BTO or resale flat? This is a common question that is usually posed to most property agents, especially by first-time buyers,” says Stuart Chng, executive group district director at Huttons Asia.
Chng addressed this topic during a webinar hosted by EdgeProp Singapore on Jan 22. During his presentation segment, titled “BTOs versus resale HDBs: Which is the better option?”, he shared some of the benefits and limitations that each choice presents to home buyers.
Public housing options
There are four common HDB flat options available to home buyers. Besides BTO flats and resale flats, the public housing market also offers Prime Location Public Housing (PLH) flats and Sale of Balance (SBF) flats.
In general, BTO developments tend to be located in the Outside Central Region. The majority of new BTO developments over the past few years have been in the Punggol and Sengkang area, while the bulk of upcoming BTO supply is concentrated in the Tengah area.
Read more at: https://www.edgeprop.sg/property-news/home-buyer%E2%80%99s-poser-bto-or-resale-flat
EdgeProp Singapore
January 28, 2022
A recurring dilemma that most home buyers who enter the public housing market face is the choice between new Build-To-Order (BTO) flats and the myriad of HDB resale flats available on the secondary market.
“BTO or resale flat? This is a common question that is usually posed to most property agents, especially by first-time buyers,” says Stuart Chng, executive group district director at Huttons Asia.
Chng addressed this topic during a webinar hosted by EdgeProp Singapore on Jan 22. During his presentation segment, titled “BTOs versus resale HDBs: Which is the better option?”, he shared some of the benefits and limitations that each choice presents to home buyers.
Public housing options
There are four common HDB flat options available to home buyers. Besides BTO flats and resale flats, the public housing market also offers Prime Location Public Housing (PLH) flats and Sale of Balance (SBF) flats.
In general, BTO developments tend to be located in the Outside Central Region. The majority of new BTO developments over the past few years have been in the Punggol and Sengkang area, while the bulk of upcoming BTO supply is concentrated in the Tengah area.
Read more at: https://www.edgeprop.sg/property-news/home-buyer%E2%80%99s-poser-bto-or-resale-flat