TLDR
In 2025, more first-time Singapore buyers are choosing condos over BTO flats. Key reasons include faster move-in times, better facilities (like pools and gyms), higher security, and fewer buying restrictions. Condo values have also grown faster than HDB flats over the past 20 years—218.4% vs 152.6%. Condos offer more flexibility: you can rent or sell sooner, with fewer rules and less waiting. However, condos require a bigger upfront investment and careful financial planning. BTOs still make sense for some, but if you value convenience, investment growth, and lifestyle perks—and can afford the higher price—condos are worth serious consideration. Ultimately, the right choice depends on your goals, finances, and how quickly you want to own and use your new home.
The times are changing. BTO flats used to be the clear first choice for new Singapore home buyers. Now, more people are looking at condos instead. Here’s why this shift is happening, and whether it might make sense for you too.
Better Living Right Away
Yes, you can fix up a BTO flat to look nice. But condos come with things you just can’t add to a BTO:
- Pools and gyms
- BBQ spots
- Sometimes even tennis courts The monthly fees for these extras? Often less than what you’d pay for separate gym memberships and club access.
Safer Living Space
Condos offer more security:
- Guards on duty all day
- Security cameras everywhere
- Control over who comes in This makes many people, especially those living alone or with young kids, feel safer.
No Red Tape
Buying a condo is simpler than getting a BTO. You don’t need to:
- Check income limits
- Wait for ballot results
- Deal with ethnic quotas Just prove you can pay the mortgage, and you’re good to go.
Saves Years of Waiting
Think about this: A BTO journey means:
- Waiting to get picked in the ballot
- Waiting 4 years for building
- Staying put for 5 years (MOP)
That’s nearly 10 years before you can make any moves. With a condo, you can:
- Move in much sooner
- Rent it out right away
- Sell when you want (after 3 years to avoid SSD)
Better Investment Growth
The numbers tell the story:
- Condo values: Up 218.4% in 20 years
- HDB values: Up 152.6% in the same time
In top areas (Districts 9, 10, 11):
- Condos grew 217.1%
- HDB flats grew 161.1%
Why do condos grow more in value?
- Fewer new condos being built
- More people wanting to upgrade
- Strong demand in good areas
Making Your Choice
BTOs still work for many people. But condos might be better if you:
- Want to move in faster
- Have the money ready
- Care about investment returns
- Need more control over your property
The catch? Condos cost more at first. You need to:
- Check if you can afford the down payment
- Know the right price to pay
- Understand the area you’re buying in
- Plan your finances carefully
Whether you pick a condo or BTO, what matters is that it fits your needs and budget. Want to talk it through? We’re here to help you figure out what works best for you.
Here’s a timeline to illustrate the growth potential of owning a condo versus holding onto a BTO flat.
Source: PropNex Investment Suite
Over the past 20 years, the overall value of resale condos has risen by 218.4%, whereas the overall value of resale HDB flats has only gone up by 152.6%. Here’s another chart that focuses on prime locations.
Source: PropNex Investment Suite
Should You Buy, Sell or Wait?
If you’re reading this, you must be trying to figure out the best course of action right now: is it the right time to buy or sell?
It’s difficult to give an exact answer since everyone’s situation is unique and what works for one person may not necessarily work for you.
I can bring you a wealth of on-the-ground experience and a data-driven approach to provide clarity and direction. From beginners to experienced investors, our top-down, objective approach will help you on your real estate journey.
I can help you by:
- Offering Strategic Real Estate Advice – I can help create a comprehensive plan to guide you through your property journey.
- Connecting Your Home with the Perfect Buyers – Through stunning visuals, an effective communication strategy, and an in-depth knowledge of the market, we’ll ensure your home is presented in the best possible way to fulfill your goals.
You May Also Like …
Jayson Ang – June 13, 2025 – Share
TLDR Singapore’s property market is set for significant transformation over the next five years, driven by rapid proptech adoption, growing...
Read More
Jayson Ang – February 11, 2025 – Share
Singapore, a vibrant city-state known for its diverse culture and rich history, offers a plethora of unique experiences that go...
Read More
Jayson Ang – February 24, 2025 – Share
TLDR Building a landed property in Singapore can be a costly endeavor, with prices ranging from $300 to $500 per...
Read More
Jayson Ang – May 28, 2024 – Share
Durian, often referred to as the "King of Fruits," is a unique and polarizing delicacy in Southeast Asia. With its...
Read More
Jayson Ang – November 9, 2024 – Share
Singapore, a thriving city-state in Southeast Asia, is known for its stable political climate, strong economy, and strategic location. As...
Read More
Jayson Ang – February 26, 2024 – Share
Singapore, often referred to as the "Garden City," is a vibrant and diverse nation that has made significant strides in...
Read More
Jayson Ang – July 17, 2025 – Share
TLDR Shorter lease HDB flats are typically about 22–25% cheaper than their 99-year counterparts, based on both resale and BTO...
Read More
Jayson Ang – December 21, 2024 – Share
Singapore, a bustling city-state known for its modern architecture, cleanliness, and vibrant culture, is also home to a thriving karting...
Read More
Jayson Ang – July 10, 2024 – Share
The future of Singapore's property market is shaped by several emerging trends that reflect cautious optimism, enviable locations, and sociable...
Read More
Jayson Ang – October 27, 2024 – Share
Singapore, a thriving city-state in Southeast Asia, has become an attractive destination for foreign investors looking to diversify their investment...
Read More
Jayson Ang – August 25, 2024 – Share
TLDR Investing in a 99-year leasehold landed property in Singapore can be a lucrative venture due to the country's land...
Read More
Jayson Ang – May 2, 2024 – Share
Singapore, a melting pot of cultures and culinary delights, is known for its diverse and vibrant food scene. Among the...
Read More
Jayson Ang – October 12, 2025 – Share
TLDR Singapore’s real estate market features a diverse mix of property types—public HDB flats, executive condominiums, private condos, landed homes...
Read More
Jayson Ang – April 27, 2023 – Share
TLDR The impending rise in ABSD (Additional Buyer's Stamp Duty) is expected to suppress investment demand, allowing local homebuyers to...
Read More
Jayson Ang – July 13, 2025 – Share
TLDR One-bedroom condos in Singapore are attractive for their lower entry price and rental potential, but buyers should be aware...
Read More
Jayson Ang – March 6, 2024 – Share
Luxury properties in Districts 9 and 10 of Singapore are highly coveted, and for good reason. From stunning views and...
Read More
Jayson Ang – January 8, 2023 – Share
TLDR The Singapore residential property market has shown resilience in 2022, with price growth in both private housing and HDB...
Read More
Jayson Ang – February 1, 2025 – Share
Singapore's high-end rental market has been a hot topic of discussion among investors worldwide. With the city-state's robust economy, excellent...
Read More
Jayson Ang – August 9, 2024 – Share
TLDR The Singapore property market for new condo launches in 2023 saw varying degrees of success. Factors like limited competition,...
Read More
Jayson Ang – March 20, 2024 – Share
The Singapore property market has long been a sought-after investment destination, with its stable economy and growing population making it...
Read More
