Robust demand for bigger flats in August BTO train, with Tampines models hottest

She stated that demand is stronger in Ang Mo Kio and Tampines as a result of these locations are in mature estates. The Tampines mission has one of many shortest completion durations – about 36 months – and is about to be prepared by the second quarter of 2026.

“We seen that five-room flats are very fashionable amongst patrons this time round. This might be as a result of fewer new five-room flats launched in mature estates in current launches.”

Mr Mohan Sandrasegeran, senior analyst at One World Group, stated that Solar Plaza Spring in Tampines had the bottom variety of flats provided on this BTO train.

“Consequently, given the diminished variety of models and the rising want for bigger areas, sturdy competitors was seen for these flats,” he stated.

He stated that the appliance charges for Alexandra Vale and Havelock Hillside appeared “lacklustre”, probably due to the longer MOP and longer completion charges for these initiatives.

“It’s doubtless potential residence candidates and youthful {couples} searching for a shorter wait to occupy their flats, might need shifted their consideration in the direction of the opposite BTO flats that have been provided.”

Mr Ismail Gafoor, CEO of PropNex Realty stated that Woodlands South Plains doubtless stood out for candidates due to the mission’s location – it’s nearly on the doorstep of Woodlands South MRT station. The pricing was reasonably priced and it’s near the Woodlands Regional Centre, he added.

The Housing and Growth Board (HDB) stated that regardless of continued sturdy demand for BTO flats, first-timers have a great likelihood of securing a flat because the “overwhelming majority” have been put aside for first-timer candidates.

From the August BTO train, extra models in non-mature estates have been put aside for first-time candidates. Not less than 95 per cent of four-room and bigger flats are reserved for first-time households, and not less than 85 per cent of three-room BTO flats are for first-time households.