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The next public housing sweet spot could be HDB Standard flats in S’pore’s suburbs
Faster completion times and shorter lock-ins may shift buyer preferences away from city-fringe glamour.
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The best flat may not be the closest one to the city centre, while the “suburban underdog” could be gaining ground, says the writer.
ST PHOTO: LIM YAOHUI
Christine Sun
For decades, the gold standard of Housing Board living has been tied to proximity to the city centre, with many resale flats in prime locations commanding premium prices.
Flats in these areas are often perceived as a “sure-win” springboard to obtaining substantial capital gains. Suburban flats, in contrast, were deemed the “consolation prize” for being farther away and yielding smaller returns.
