New BTO framework: Will moving up the property ladder get harder?
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Description
New HDB flats will be classified under Standard, Plus or Prime from next year - dropping the decades-long mature and non-mature categorisation. With increased subsidies and tighter restrictions, what will be the impact on the property market? Will home ownership aspirations change with what is affordable? Steven Chia chats with Christine Sun, senior vice president of research and analytics at OrangeTee & Tie, Nicholas Mak, chief research officer at real estate platform MOGUL.sg, and Sarah Lin, a 27-year-old who successfully balloted for her flat after seven tries. See omnystudio.com/listener for privacy information.
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