Dear readers, there has been a recent interest in HDB flats and related developments ever since Prime Minister Lee’s sharing at this year’s National Day Rally of HDB’s plans for the Standard, Plus and Prime BTO models to replace that of the existing classification of Mature and Non-Mature for new flats.
With the new Plus and Prime flats coming in with more restrictions, some are predicting that the price of existing flats in choicier locations are likely to appreciate much. Some analysts also noted that the government has not rolled out newer bigger HDB flats (e.g. 5-room flats) in choicier locations, e.g. near MRT stations and forecasted that prices of existing larger HDB flats will continue to appreciate into the future.
What are the impacts of the new housing model to current and potential home buyers? And what are the analysts’ and experts’ take of the new housing model?
To find out more, let us watch the latest episode of Talking Point which delves into the new housing model as well as impacts and popular questions.