A few of my friends are applying for the Geylang BTO, in hope to sell it in the future for a profit. Is this a strategic move? How much of a profit do you think can be expected?

The amount of profit depends on the supply and demand, the property market, and of course the right buyer. That's why we can have resale HDB selling for over a million. It could be a strategic move if all the dots connect for them but no one has a crystal ball to predict 10 years down the road. $478,000 is the bare minimum, provided they take the full EHG grant. High level will be towards half a million. Let's not go to the accured interest first.

However, it can be equally disastrous if they obviously cannot afford it and choose to go for it with struggling finances to an extent that it affect other areas such as current family responsibilites, future family planning, or even sustaining their lifestyle cause still have bills and insurance to pay for too.

Therefore, it's utmost important to find a balance between perceived profit and the ability to commit towards it.