HDB BTO pegged to market rate, so no surprises here. Even with the 6% increase still much cheaper than resale within same vicinity and you get brand new!
As mentioned ... 'SG property, always good to be in as early as possible'
That’s true! Heard from another MCF bro that the Telok Blangah 4rm flats going for $250k+ more than original price but this partly cos keys ready n there’s been a lapse of 3-4yrs at least but even then it’s astonishing n goes to confirm that young couples shld always apply BTO for first flat esp if their incomes are within the limit. Can always buy condo later if that is the aspiration even though condo may also have gone up but % wise BTO upside shld be greater?
Some of the balance left over 4rm flats from Jalan Satu (Geylang) are going at $30k+ more vs original launch price.
I know cos I happen to have the original launch prices and compared vs the latest prices. I suppose it was 2 years ago hence inflation and time value jacked the prices up but its still about a 6% increase which is steep by anyone's standards, let alone HDB BTO!