Personal Finance
National Day Rally 2023: More BTO Options for Singles — How Singles Can Plan for Their First Home
By ValueChampion  •  August 29, 2023
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If you are single and hoping to buy your first home soon, the Prime Minister’s recent announcement at the 2023 National Day Rally might offer more glimmers of hope to acquire a dream home of your choice. From the second half of 2024, singles who are buying Build to order (BTO) flats will no longer be bound by strict HDB rules that limit them to buying only two-room BTO flexi flats in non-mature estates. The new regulations are a lot more relaxed and offer more generous options that were not readily available before.

Related: HDB Housing: Single Singapore Citizen Scheme

changes to BTO
Source: Unsplash

What Are the New Changes?

First and foremost, the fact that you must be at least 35 years old and a first-time home buyer still applies if you want to buy a BTO flat in Singapore. What has...
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