Property
February 2024 BTO Launch Review: Ultimate Guide To Choosing The Best Unit
By Stacked Homes  •  February 21, 2024
The February 2024 BTO launch is the first of the year, with 4,126 units to select from 7 projects in different estates (Bedok, Choa Chu Kang, Hougang, Punggol, Queenstown, and Woodlands). Just one project this time will be under the Prime Location Housing (PLH) model, Tanglin Halt Courtyard. For those who need a quick refresher on choosing a PLH flat, here’s what you need to know:
  1. An extended Minimum Occupation Period (MOP) of 10 years instead of the usual five.
  2. No renting out the entire flat is allowed during this period.
  3. The application of a Subsidy Recovery on top of the existing resale levy.
  4. More stringent eligibility requirements for applicants.
  5. A reduced number of flats set aside for the Married Child Priority Scheme (MCPS).
As such, do note that 20 per cent of the PLH flats in Tanglin Halt Courtyard will be set aside for first-timer families, and 2 per cent for second-timer families under the Married Child Priority Scheme....
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By Stacked Homes
The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.
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