White flats might see reduced resale interest, expert warns

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pstrongThe government will introduce the white flats in its October BTO./strong/p pThe “white flats” the government will introduce in its October Build-to-Order (BTO) exercise will likely attract young couples who desire more flexibility to plan their own space, Christine Sun, chief researcher and strategist at OrangeTee, said.

The “white flats” the government will introduce in its October Build-to-Order exercise will likely attract young couples who desire more flexibility to plan their own space, Christine Sun, chief researcher and strategist at OrangeTee, said.

“We will be starting with a BTO project in the Kallang-Whampoa area, where we will be launching over 300 units of such 3- and 4-room flats, with this option available for a group of home buyers,” Lee said. “Some may choose to include a workspace to create a home office or make an entertainment space or home theatre room for relaxation,” Sun added.

“Future buyers may also request the owner to reinstate the walls or remove certain partitions. Some homeowners may not plan enough space for future needs, such as creating a living room or master bedroom that is too large,” Sun said.

Source: Loan Digest (loandigest.net)

 

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