HDB BTO Aug 2023 Launch: Locations, Expected Application Rates, Prices, and More

As usual, the data shows that 4-room flats are probably going to fetch you the biggest profit. If you purchase a 4-room flat in Choa Chu Kang this Aug 2023 BTO) for $300,000 and resell it for $500,000 in 5 years’ time after the MOP, you’d walk off with a $200,000 profit. Perhaps even more, if you know how toThat said, 4-room flats are also the most popular flat type with generally the highest application rates.

is basically a scheme that jacks up the prices of BTO flats in central locations, among other things that make a PLH flat more difficult or less attractive to own. It’s all in the spirit of managing the demand for these flats in prime locations, and making sure home owners don’t just buy the flat to flip it ASAP for a big profit.

This Aug 2023 BTO, we expect the Queenstown and at least one of the Kallang/Whampoa BTO projects to be under the PLH model. These areas have practically always come up as PLH models in recent years. So if you’re considering applying for these BTO projects, take note of the following restrictions:: PLH model flats are going to be more expensive.

In the context of the Aug 2023 BTO exercise, this may be problematic for you if you are only keen on 1 of the Kallang/Whampoa units, and for some reason want to avoid the other 2 like the plague. Because let’s say everyone else has the same idea, and your queue number is pretty far back. The others may snap up all the units in the project you wanted, leaving you no choice but to book a flat in one of the other Kallang/Whampoa BTO projects this Aug 2023.

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