PropertyBT: BTO - choosing between mature and non-mature estates (Ep 18)

Published Thu, Apr 27, 2023 · 05:50 AM

Mature or non-mature estate for BTOs? PHOTO: ST FILE PHOTOS

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Synopsis: Hosted by senior correspondent Leslie Yee, PropertyBT from The Business Times shares insights on all things Singapore property to help you on your property investment journey. Episodes feature views and insights from property analysts.

How to strategise for success when buying an HDB BTO flat? Mature estate or a non-mature estate? Are prime location public housing units and the resale market worth considering? Leslie Yee discusses with Wong Siew Ying, head of research and content, Propnex Realty.

Highlights of the podcast:

01:24 Draw of mature estates

03:59 Pros and cons of Prime Location Public Housing flats

07:07 Why go for a BTO unit in a non-mature estate

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11:16 Risks of not choosing a unit in the BTO exercise

14:55 Should a buyer compromise?

17:10 The resale option

Does demand for HDB BTO units in mature estates need tempering?

BTO flats may make the most financial sense for first-time home buyers as they are considered to be the most affordable housing in today’s market.

What you need to know about buying your first home

Successful applicants for Jurong West Crystal and Brickland Weave can move into their new homes earlier, as these projects have shorter waiting times.

Applicants for February BTO exercise lowest since 2020: HDB

Read Leslie’s article

Written and hosted by: Leslie Yee (lyee@sph.com.sg)

With Wong Siew Ying, head of research and content, Propnex Realty

Edited by: Howie Lim & Claressa Monteiro

Recording engineer: Joann Chai Pei Chieh

Produced by: BT Podcasts, The Business Times, SPH Media

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BT Correspondents Singapore property HDB Residential property Singapore residential property PropNex

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