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Hi,

1) Initially when government announces to build 2-rm HDB flat, it was meant for the elderly who can't afford to spend too much and don't need big space to maintain it.
2) When it is open to the public other than the elderly, a lot of people were skeptical whether anybody will buy for such a small space.
3) The result proved these people wrong, the result was overwhelming. There are a lot of singles and small families who only need a home for themselves but are unable to afford a bigger size apartment gladly the government did not forget their needs.
4) So you can stop worrying whether there is a market for this.
5) For any HDB flat, the minimum occupation period is 5 years. Meaning you can only sell it after staying there for 5 years.
6) Although the lease is getting lower, the value might not be necessarily lower. It is greatly affected by the market; demand and supply theory applies.
7) Most people said that BTO is profitable because it is heavily subsidized. On top of that, it is due to human nature. Let said if you bought it at 100k, you will want to make some profit out of it, thus minimum will sell it at 150k or higher.
2nd buyer who bought at 150k although wants to sell higher, but there are still people selling at 150k because they only bought at 100k, therefore think this is a reasonable profit. So unless all the initial buyers change hand the price will not move up.

Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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