The October 2025 BTO launch is one of the most significant to date; and not just because it’s the debut of the first Greater Southern Waterfront (GSW) flats. It’s one of the larger exercises we’ve seen, with 9,144 flats across 10 projects in eight towns. There’s also a wide mix of Prime, Plus, and Standard flats within this same launch exercise. Subsidy clawbacks – which require the first owners to return part of a Plus / Prime flat’s resale proceeds – are also revealed. These range from 14 per cent for Prime projects like Berlayar Residences, to 10 to 12 per cent for Plus Projects at Mount Pleasant Crest, Redhill Peaks, and others. The lowest clawback is a mere seven per cent for a Plus project in Ang Mo Kio. As a “something for everybody” launch, October’s exercise is also the first to use the revised Family Care Scheme; this gives priority to applicants (including singles) who jointly apply for flats in the same project...