https://www.todayonline.com/singapore/million-dollar-bto-hot-resale-inflation-2001696
SINGAPORE — On the rise since 2015, prices of Built-to-Order (BTO) flats have picked up pace over the last three years in light of a hot Housing and Development Board (HDB) flat resale market, growing construction costs and more BTO project launches in pricier, central areas.
It is only “a matter of time” before Singapore sees its first million-dollar BTO flat, property analysts told TODAY, although this is unlikely anytime soon and is contingent on how long the Government wants to keep BTO prices below market value with subsidies.
SINGAPORE — On the rise since 2015, prices of Built-to-Order (BTO) flats have picked up pace over the last three years in light of a hot Housing and Development Board (HDB) flat resale market, growing construction costs and more BTO project launches in pricier, central areas.
It is only “a matter of time” before Singapore sees its first million-dollar BTO flat, property analysts told TODAY, although this is unlikely anytime soon and is contingent on how long the Government wants to keep BTO prices below market value with subsidies.