Viewpoint: How will the new BTO classification framework impact the HDB market?

For the first time, home buyers can look forward to seven Plus projects and one Prime project in the Build-to-Order (BTO) sales exercise under a new classification framework. In total, HDB will offer 8,500 flats across 15 projects in nine HDB towns in the upcoming BTO sales exercise. This will be the largest number of projects launched in a BTO exercise to date. The number of new flats launched will also account for more than 40 per cent of the new HDB flat supply for 2024.  What are the key changes to the BTO scheme? How will the overhauled framework impact the resale market? Christine Sun, Chief Researcher and Strategist at OrangeTee & Tie shares with us more.See omnystudio.com/listener for privacy information.