BTO pricing for HDB : Affordability and Choice

<Source: SRX - BTO Launch Prices>

The following table is Estimated Monthly Cash Payment Above CPF (by Income Level)

To many home dwellers, location makes a difference. People prefer mature estates and some locations like Toa Payoh and Tampines (taking only 2 of them for illustration purpose) for valid reasons. Toa Payoh is smacked almost right in the middle of Singapore, providing convenience in commute to all other places in the country. Tampines, being developed to the second Central Business District (CBD) of Singapore, has its natural attraction. By virtue of popularity, it also draws retailers and food and beverage operators to want to run their businesses there, simply because the traffic flow for customers could be better and chances of success could be higher.

The preferred locations come with a price though. Forecast pricing for a 4 room flat in Yishun is about $275,500 whereas it would be about $421,500 in Toa Payoh. The monthly repayment in cash works out to $137 in the case of a Yishun 4 room flat and $733 in the case of a Toa Payoh 4 room flat.

The financial calculations need to be handled with care when planning for purchase. It all boils down to a matter between affordability and choice.

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