Source: Andrew/Unsplash For the past couple of years, we have been bombarded with news of climbing HDB prices as well as the increasing number of million-dollar flats. According to an article published on Straits Times in September 2022, HDB resale prices have been climbing for 26 straight months. For aspiring first-time home owners and low-income families, there is an increasing perception that HDB flats are getting expensive and out of their reach. This article looks past the headlines, breaks down the facts, and provides a few tips to help every Singaporean household to have a home to call their own. BTO FLATS, RESALE FLATS AND MILLION DOLLAR FLATS – WHAT ARE THEY? 1) BTO FLATS BTO flats stand for Build-To-Order flats which are new flats launched for sale and usually takes 4 to 5 years to complete. As at time of writing, BTO launches occur 4 times a year when aspiring home-owners ballot for their preferred HDB BTO flats. They are priced at a significant discount...