2022 has seen a bumper crop of flats reach their MOP; around 31,000+ flats to be precise. Good news for home buyers who can’t wait for four to five years for a BTO flat, but there’s one problem: many of these newer flats are at a premium, and first-time buyers may be priced out. For those of you in this situation, we’ve compiled a list of the cheapest, and newest, flats to just reach their MOP: Cheapest for 5-room flats 

Projects	Price	PSF	Vol Jan (Jan 2022 – Mid August 2022)
Woodlands Pasture I	$605,888	$498	1
Woodlands Pasture II	$618,300	$508	6
Park Grove @ Yishun	$625,000	$514	1
Palm Breeze @ Yishun	$651,594	$541	10
Fern Grove @ Yishun	$658,000	$546	3
Angsana Breeze @ Yishun	$660,000	$543	11
Boon Lay View	$663,500	$541	10
Saraca Breeze @ Yishun	$667,500	$549	8
Admiralty Flora	$672,500	$553	2
EastBank @ Canberra	$678,000	$557	11

Notable HDB projects: Woodlands Pasture I & II At $498 to $508 psf, these two projects are some of the most affordable on the list. Buyers may have misread how convenient this development is, because it’s not in walking...