Bidadari BTO: Deep Discount Below Nearby HDB Resale Flats | Singapore Property News

Bidadari BTO: Deep Discount Below Nearby HDB Resale Flats

19 Nov 2015
Property Data

In August 2015, SRX estimated the price range for the new Bidadari BTO (Build-To-Order). (See Valuing the Bidadari BTO Out of Thin Air.). The other day, HDB released Bidadari BTO prices for the first batch.  It turns out HDB priced Bidadari BTO at a deep discount to nearby resale HDB flats.

Typically, a BTO trades at an 18% to 33% discount off of comparable HDB resale flats. Here are the results from our Bidadari BTO August analysis:



As you can see from the table below, HDB discounted each flat type by 29%.  From a historical perspective, not bad.  



Even if you do not qualify for Bidadari BTO, there may be a buying opportunity for you for comparable resale properties in nearby Bidadari neighbourhood as prices equalise as a result of the new supply of Bidadari BTOs.  Check out the HDB resale flats surrounding Bidadari now.

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