Property
June 2024 BTO Launch Review: Ultimate Guide To Choosing The Best Unit
By Stacked Homes  •  June 19, 2024
The June 2024 BTO launch is finally here, with 6,938 flats for sale over 8 projects. This is in prime locations such as Tanjong Rhu and Queenstown – Tanjong Rhu Riverfront I and II (Kallang/Whampoa) and Holland Vista (Queenstown). These 3 projects will fall under the Prime Location Housing model), and the others spread across Jurong East, Tampines, Woodlands, and Yishun. 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. *there will be a higher subsidy for the June PLH flats, but the subsidy recovery rate will be at 9 per cent to match the additional subsidies provided.
  4. More stringent eligibility requirements for applicants.
  5. A reduced number of flats set aside for the Married Child Priority Scheme (MCPS).
...
Read the full article
By Stacked Homes
The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance