http://www.theedgeproperty.com.sg/co...ised-after-mop

One in six BTO flats monetised after MOP
By Esther Hoon & Feily Sofian | May 27, 2016 10:22 AM MYT
Tags: Cover StoryBuilt-to-Order HDB flatsHDB

New HDB flats, also known as Build-to-Order flats, have been a popular choice for couples and families looking to buy their first homes. For one, they are sold at a subsidised price, which is at a substantial discount to comparable resale prices.

They are cheaper and come with a fresh 99-year tenure. There is also a sense of entitlement attached to BTO flats, as Singaporeans are entitled to purchase these flats only twice from HDB.

While a majority of BTO flats appear to be held for long-term occupation, analysis by The Edge Property shows that 15% to 20% of them were either sold or rented out within two years of fulfilling their minimum occupation period (MOP). More were sold than rented out, averaging 12% and 4% respectively.

http://www.theedgeproperty.com.sg/co...ised-after-mop