The classic Build-To-Order flat story goes like this: Boy meets Girl. Boy proposes. Girl accepts. They apply for a BTO together and get married in two to three years.
That said, even taking different apartment sizes into account, BTOs are still substantially cheaper than resale flats.For BTOs there is for instance the option to apply for the Additional CPF Housing Grant and Special CPF Housing Grant , which together can come up to S$80,000. Resale flats are sold on the market and can be located anywhere on the island, granting you ample choice in terms of location.
While nobody may at this point be factoring it in, there will probably sooner or later be a point when the end-of-lease factor will be locked into our collective consciousness, and when that time comes, homes with little time left on their lease will see their value take a hit.
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