Pricing Strategy for HDB Flats in Singapore

The Prime Minister of Singapore said the government strategy is to use more grants to bring down the effective costs of HDB (Housing Development Board) flats in Singapore, rather than change how they are priced at the moment. This statement defied the expectations of some who thought the Government would announce a radical move to lower HDB’s Build-To-Order (BTO) prices in Singapore. This means a lot positive for the residential market in Singapore – the base is set and not going to change soon!