Commentary: To you, my 2nd-floor BTO flat is a bad investment. To me, it could be home forever

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Housing News

BTO,Property

The dream starter home for most young couples in Singapore isn't just any Build-to-Order flat. It’s a flat with an unobstructed view, on the highest floor the block has to offer.

The dream starter home for most young couples in Singapore isn't just any Build-to-Order flat. It’s a flat with an unobstructed view, on the highest floor the block has to offer.In land-scarce Singapore, any property is more likely to be considered as a financial asset rather than a home. But should this be the reigning assumption when young couples clinch their BTO flats?In land-scarce Singapore, any property is more likely to be considered as a financial asset rather than a home.

“The best part was being able to see when the bus was on the way before running down since my old place faced the bus stop,” he said. While one Reddit user, Krazyguylone, said pests were not a big issue for them, what they found to be annoying was the lighting from public pathways that shone into their house at night.

For most young Singaporeans today, property investment is a lofty dream that only seems to be getting loftier each year as prices continue to skyrocket. While the five Cs have evolved much in recent years, it seems clear that their roots remain strong in the Singaporean mentality.

 

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