Resale HDB

17 Cheapest BTO Flats That Will MOP In 2022 + Approximate Prices Nearby

Join our Telegram group for instant notifications
Join Now

Ryan J

A seasoned content strategist with over 17 years in the real estate and financial journalism sectors, Ryan has built a reputation for transforming complex industry jargon into accessible knowledge. With a track record of writing and editing for leading financial platforms and publications, Ryan’s expertise has been recognised across various media outlets. His role as a former content editor for 99.co and a co-host for CNA 938’s Open House programme underscores his commitment to providing valuable insights into the property market.

Subscribe
Notify of
guest
3 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Eddie
Eddie
2 years ago

most of these soon-to-be MOP flats have some early sale prices that have transaction prices well beyond the average prices cited in this article. Is the author trying to suppress the resale prices of these new estates simply by listing the median BTO listed prices and then comparing it with the averages of the flats in the same estate? Is it even a fair comparison, comparing apples and oranges? I gathered my research and see that the author has just simply calculated the median BTO sale price, list it here and compare it with the prevailing resale prices.

May I know how is the author able to foretell the possible resale price ranges of these new estates when there aren’t listed transaction prices yet (in view that these flats have not reached MOP) ?

I hope stackedhomes can write more responsibly, backed by prevailing resales price or if lackof, don’t resort to quick numbers like taking the original BTO listed prices and comparing it with actual resale transactions

Perhaps, engaging a more responsible content writer is worth considering in this case.

eddie
eddie
2 years ago
Reply to  Eddie

by the way, if the author has done his due diligence, he would be cognizant that edgeview does not have 3 room flats

Stacked Homes
Admin
2 years ago
Reply to  Eddie

Hi Eddie, thanks for your concern regarding the article. With regards to the 3-room flat, this is a mistake on our part as the project was launched in tandem with Buangkok Square and we mistook the 3-room flat prices there for this project too. We’ll rectify this.

In considering the non-mature resale flat prices, we have used resale flats within the estate that is less than 10 years old as a guiding price which are the cheapest ones that buyers can look into.

Our guide here is by no means a definitive measure of what the prices will be, but merely serving as a guide since there is a strong correlation of resale prices with the average in the town. We do this precisely because we cannot foretell the possible resale price ranges without the risk of turning this piece into a prediction one which is not our intention at all. Hence the average is used with careful consideration that only newer ones are considered since prices are heavily influenced by age.

When we put the average BTO prices here, it was by no means to compare it with the resale prices. It was purely to inform readers what the initial buyer’s price range looked like. As a result of this confusion, we’ll remove the column altogether and put it in a separate table.

Ultimately this article was more of a ranking piece rather than a prediction due to the correlation with average prices of young flats in the town and serves as a starting point for buyers to consider.

Either way, we appreciate you taking the time to respond and clarify. We’d definitely work on the changes above.

Latest Posts

The Vales Condo
Property Picks 10 Cheapest Executive Condos In 2023/24: Here’s Where To Find Them
April 24, 2024
Cluster homes
Analysis Are Cluster Landed Homes Still Profitable? Here’s How They’ve Performed Over 10 Years
April 22, 2024
Phoenix Estate 15
Editors' Pick Touring Phoenix Estate: An Underrated Landed Home Cluster With Unblocked Views And Spacious Roads
April 21, 2024
Amanda Thumbnail Selected 1 compressed
Living In Inside A 1940s Shophouse Unit With A Rustic Motorcycle Garage
April 21, 2024
retirement options cruise singapore
News Would You Sell Your Home To Retire On A Cruise Ship For $300k In Singapore?
April 21, 2024
rivergate condo 1
Analysis Why This District 9 Condo Made Each Owner $775k In Profit: Uncovering The Numbers Behind The Success
April 20, 2024
mcnair area HDB kallang whampoa
Advice We Own A $1.1 Million HDB And Make $22k Per Month: Is It Feasible To Upgrade To A Condo Without Additional Cash?
April 19, 2024
32 Gilstead Featured
Editors' Pick 5 Unique Boutique New Launch Condos You’ve Probably Not Heard Of (From $1.471 Million)
April 18, 2024
5 Cheapest 5 Room HDB Flats Close To The MRT Priced Below 600k
Units Of The Week 5 Cheapest 5-Room HDB Flats Close To The MRT Priced Below $600k
April 18, 2024
How well have old leasehold condos performed
Analysis Can Old Leasehold Condos Still Be Profitable? A Case Study Of 355 Leasehold Condos
April 18, 2024
15. view sky everton
Condo Reviews I’ve Lived At Sky Everton For 4 Months: Here’s My Review Of What It’s Like To Live In A New Condo In The City
April 17, 2024
5 Lesser Known Condos With Unique Duplex Units From 2.08m
Property Picks 5 Lesser-Known Condos With Unique Duplex Units (From $2.08m)
April 16, 2024
garden home sengkang singapore
Living In Inside A Secret Garden Terrace Home Transformation In Sengkang
April 16, 2024
district 11
Commentary Where Have Freehold/Leasehold Condo Prices Dropped The Most In 2023/24?
April 15, 2024
overseas retirement singaporean
Editors' Pick My Search For A Better Alternative To Old Folks Homes In Singapore: Are Overseas Retirement Homes Better?
April 14, 2024
thumbnail royston kenny New 1
Living In Unveiling A Unique Dark Twist To A Wabi Sabi Home In Singapore
April 14, 2024