What costs more used than new? A Rolex, and your HDB flat

Video description from @therightmovesg

Have you ever wondered what costs more used than new? Almost nothing. A vintage Rolex, and an HDB flat. Here's what record BTO supply means for HDB resale prices next.

Everyone says resale prices are in trouble. I don't fully agree. Every BTO built today becomes a resale flat when it hits MOP in 5 years, and roughly 1 in 5 of those sellers upgrades to private property. Same data, two very different windows.

Approaching MOP or deciding between BTO and resale? Comment "PLAN" and I'll walk you through where you sit in this cycle. No obligation, just the numbers.

#SingaporeProperty #HDBResale #Shorts #AlvinChinRealtor #AlvinChinSG