Now, the bad news: BTO prices outpace resale market

Now, the bad news: BTO prices outpace resale market

Before we start, have you read the good news yet? If not, you might want to check it out first. Here I am going to raise some serious questions on pricing in the current July BTO exercise. For this, I must thank a reader for bringing it to my attention. One very interesting aspect about this BTO exercise is that it includes flats from three previous BTO projects that were launched between 2010 and 2012. These flats on sale currently are 2-room flats that are now open to singles; whether they are leftover flats or had been excluded from the…