What’s a home buyer to do, in a time of rising prices across the board and Covid-19? The answer may lie in older resale flats. While lease decay is an issue, these flats also tend to be larger, more affordable, and located in generally more convenient mature locations. If you’re willing to trade some remaining lease for comfort and convenience, these are the HDB towns to look into (along with how much you might pay): Table Of Contents

• Older HDB flats by price and location
• Details to note
• 1. Parts of Geylang might offer the best overall value
• 2. Old Jurong West flats are among the most affordable housing
• 3. Older flats might be the most affordable way to stay in Bishan
• 4. Woodlands is unlikely to stay at its current prices
• 5. Non-PLH, Central Area flats are likely to see a pick up

Older HDB flats by price and location

Town	2 Room	3 Room	4 Room	5 Room	Executive
Woodlands		$278,444 ($371 psf)	$326,000 ($323 psf)	$420,000 ($322 psf)
Choa Chu Kang		$308,000 ($405 psf)	$363,000 ($369 psf)	$452,000 ($353 psf)
Hougang		$310,000 ($416 psf)	$377,500 ($379 psf)		$735,000 ($424 psf)

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