CCR BTO Projects subjected to 10-year MOP, should you still consider?

If you have been in the loop for recent news in the real estate market, you would be aware that Core Central Regions (CCR) projects have now been subjected to a 10-year Minimum Occupation Period (MOP). In addition to that, the government has introduced a clawback subsidy on these projects upon their resale.

What does this mean for the future of real estate market analyses with these measures?

This highly suggests it would no longer be a lucrative position for buyers if they are looking for a profit gain to invest in these new projects. Furthermore, buyers will have to face a longer wait to invest in these projects due to the ongoing manpower crunch. With that being said, are there still opportunities in the resale market for buyers to take advantage of?

In summary, yes there are still opportunities.

As the market continues to evolve alongside the changing tides of the economy, our societies and living cultures have also evolved today to incorporate a work-from-home culture in our lives, raising the desire and demand for private spaces within a large population of Singapore today.

Are you searching the resale market today for a suitable apartment to call your home? Here at WonderHomes, we dedicate ourselves to providing you with the best property insights and based on the current market analyses! With an exhaustive list of undervalued gems in the resale market, coupled with our experience of being in the real estate industry for many years, get a comprehensive understanding of your property portfolio!

Drop by our website at https://www.wonderhomesg.com/ and give us a call today!