October BTO exercise will divert demand away from resale flats, analysts say as prices climb 0.4% in Q3
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The Build-To-Order (BTO) exercise in October will divert demand away from the resale market, several property analysts said on Wednesday (Oct 1).They added that prospective homeowners are likely to be attracted to the new housing precincts, which are part ofOctober BTO exercise will divert demand away from resale flats, analysts say as prices climb 0.4% in Q3
The Build-To-Order (BTO) exercise in October will divert demand away from the resale market, several property analysts said on Wednesday (Oct 1).They added that prospective homeowners are likely to be attracted to the new housing precincts, which are part of the 9,100 flats offered in the final BTO launch of the year.This comes after HDB resale flat prices rose 0.4 per cent in the third quarter of 2025, marking the fourth consecutive quarter of slowing price growth.HDB flash estimates released on Oct 1 showed that the resale price index grew to 203.7 in the third quarter, up from 202.9 in previous quarter. «This marks the fourth consecutive quarter of slowing resale price growth and the lowest quarter-on-quarter increase since Q2 2020,» said HDB.Resale flat prices have been rising for 22 straight quarters since the second quarter of 2020.Christine Sun, chief researcher and strategist at Realion (OrangeTee Group & ETC) Group, noted that on a yearly basis, resale prices rose by 5.6 per cent. She expects resale prices to either remain stable or experience a slight decline for the fourth quarter of 2025.