CNA938 Rewind - Shorter wait, fewer buyers? What the latest BTO results really tell us
June's BTO exercise delivered a few surprises. While shorter-waiting-time projects in Sembawang were expected to be popular, demand was relatively muted. At the same time, Prime projects such as Lakeside View and Berlayar Rise continued to attract strong interest despite their 10-year Minimum Occupation Period and resale restrictions. Hairianto Diman and Susan Ng break down what the latest application data says about buyer preferences, whether demand is shifting towards location over flexibility, and how the resale market could be affected with Eugene Lim, Key Executive Officer, ERA Singapore