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Current income cap to own BTO flats still reasonable for now: analysts

Tan Nai Lun
Published Thu, Mar 24, 2022 · 08:57 AM

    THE current income ceiling that buyers need to meet to buy a build-to-order (BTO) Housing Development Board (HDB) flat still looks reasonable for now.

    In fact, buyers can look to other options available in the mass market if they require a home for themselves, said analysts.

    Currently, a couple comprising a Singapore citizen and another citizen or a permanent resident cannot have an average monthly household income that exceeds S$14,000 to be eligible to buy a BTO flat.