Prime and Plus BTO flats: Why restrictions didn't dampen demand | Deep Dive podcast
More than 35,600 applications were received in the October Build-to-Order (BTO) flat sales exercise, the highest number since August 2022. A 10-year minimum occupation period, clawback rules and rental restrictions did not deter strong demand for Prime and Plus HDB flats. Steven Chia and Crispina Robert speak to Nicholas Mak, chief research officer at MOGUL.sg and Professor Sing Tien Foo from the NUS Business School. 0:00 Intro 1:00 Why the Oct BTO exercise was oversubscribed 3:41 Are new restrictions a deterrent? 5:34 Without subsidies, certain segments will be priced out 7:52 Would home owners just price in the subsidy clawback? 11:35 Should Singapore adopt a socialist approach? 13:22 Will HDB flat prices come down? Listen to the Deep Dive podcast: CNA: https://cna.asia/4edajdb Apple Podcasts: https://cna.asia/40Bleu9 Spotify: https://cna.asia/3Z21UE3 Subscribe to our channel here: https://cna.asia/youtubesub Subscribe to our news service for must-read stories: Telegram - https://cna.asia/telegram WhatsApp - https://cna.asia/whatsapp Follow us: CNA: https://cna.asia CNA Lifestyle: http://www.cnalifestyle.com Facebook: https://www.facebook.com/channelnewsasia Instagram: https://www.instagram.com/channelnewsasia Twitter: https://www.twitter.com/channelnewsasia TikTok: https://www.tiktok.com/@channelnewsasia
