I know someone who will walk two extra blocks for noodles that are 50 cents cheaper, and who only goes to town when a buddy can give him a ride.
Yet a few years back, this same person paid the highest price for their four-room flat in the area they live in. Next year, this individual plans to upgrade to a five-room flat that is closer to their office. It’s not a huge difference in travel time – perhaps just around three stops closer by train.
So what does this have to do with the recently concluded June 2026 BTO flat applications and HDB resale prices?
I think there’s a fair bit to take away from my acquaintance’s mindset and the demand for new BTO flats in the latest sales exercise. We reported that the sales exercise drew over 22,3 applications for 6,952 flats, which we covered in this article here.
We saw that two Prime projects – Berlayar Rise and Lakeview Cascadia...