Property analysts in Singapore say that the reduction in the supply of Build-to-Order (BTO) flats will not affect resale prices. After three years of ramped-up construction, Singapore government recently decided to reduce the supply of Build-to-Order (BTO) flats recently.
Analysts say that the profile of buyers going for resale flats and BTO flats are generally different. The three years of ramped-up BTO supply means that first-time buyers can purchase a new flat instead of a resale flat. This exercise along with the introduction of various cooling measures has helped ease demand for resale flats.
Analysts say that the profile of buyers going for resale flats and BTO flats are generally different. The three years of ramped-up BTO supply means that first-time buyers can purchase a new flat instead of a resale flat. This exercise along with the introduction of various cooling measures has helped ease demand for resale flats.
