Massive HDB BTO flats – What Does it Mean for the HDB Resale and Private Condo Market?

Video description from @alanweeproperty

Massive HDB BTO flats – What Does it Mean for the HDB Resale and Private Condo Market?

I will be talking about the impact of the massive HDB BTO flats in recent years and what it means for the rest of the market. Especially so if you are holding onto a resale HDB flat or a 99-year leasehold condominium.

In the short term, will the massive HDB BTO flats hurt the market? Will it drive demand away from the resale market or even the new homes segment?

What about in the longer term, when these HDB BTO flats obtain their MOP and can be resold in the resale market? What will these BTO owners be looking at with this newfound wealth?

Alan Wee
CEA Reg No. R024730A
https://wa.me/+6592973150
www.AlanWeeProperty.com (Resale)
www.AlanWee.com (New Homes)
youtube.com/@alanweeproperty
FB: www.facebook.com/AlanWeeProperty
I am a licensed housing agent with ERA Realty Network Pte Ltd.

References:
www.hdb.gov.sg
https://homes.hdb.gov.sg/home/bto/details/2024-02_BTO_QkRfTjJDMTJfMTcwNTk3NDcwNzY2Mw
https://www.straitstimes.com/singapore/housing/45-billion-in-housing-grants-given-out-from-2020-to-2023-hdb
https://www.youtube.com/watch?v=26fq06i9ces
https://www.youtube.com/watch?v=CysT7s98yaI
https://www.hdb.gov.sg/about-us/news-and-publications/press-releases/HDB-Launches-More-Than-6000-Flats-in-Dec-2023-BTO-Exercise
https://www.facebook.com/MNDsingapore
https://www.edgeprop.sg/property-news/hillhaven-and-arcady-record-sales-over-50-units-each-launch-weekend
https://www.todayonline.com/singapore/property-cooling-measures-absd-foreigner-tax-double-singapore-buyers-2159551
https://www.facebook.com/MNDsingapore
https://www.straitstimes.com/singapore/housing/45-billion-in-housing-grants-given-out-from-2020-to-2023-hdb