Single or couple buyers must wait 30 months before they are eligible for purchasing a new BTO flat (and 15-month waiting period before they can buy a resale HDB flat).

As the market changes, investors and buyers need to understand the new rules.

Additionally, many housing schemes are tied to the requirement that the lease must cover the (youngest) homeowner until the age of 95.

As you can see, the data does not necessarily suggest that being near primary schools directly adds value to your home.

Unlike all these priority accesses that are reserved exclusively for parents and married children, the FCS will also support single children.

About 43% are located in Punggol, followed by 22% in Toa Payoh, 11% in Tampines, and the rest in Ang Mo Kio, Bedok, and Clementi.

About 80% of Singapore’s resident population calls an HDB flat their home, and 90% of them own this home.

But at the end 2020, 191 units in Geylang Lorong 3 were returned to the state with no compensation or extension after reaching the end of its 60-year lease.

First-time applicants are granted certain privileges and priority in the allocation process due to the urgency of their housing needs.

Under the new framework, stringent conditions on resale and a clawback of subsidies are in place to reduce the “lottery effect”.