Image credit: HDB In the housing landscape of Singapore, the October Build-To-Order (BTO) exercise, which unfolded from the 4th to the 10th, made headlines for an unexpected reason: it witnessed the lowest application rates in years, a phenomenon not seen since 2017. This article explores the nuances and reasons behind this muted turnout. What happened…
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(Image credit: nic chi on Unsplash) In recent years, Singapore’s housing landscape has witnessed a notable shift. The October Build-To-Order (BTO) exercise highlighted a growing trend: first-time homebuyers are increasingly leaning towards larger flats. But what’s driving this preference? Let’s delve into the reasons behind this trend. Growing preference for larger flats The October BTO exercise revealed…
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