Resale HDB Flats You Can Buy Instead of Rochor Nov 2021 BTO

With the Housing Development Board’s (HDB) bombshell announcement of the new Prime Location Public Housing scheme, some would-be buyers interested in the Rocher BTO launch in November might now be thinking twice.

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After all, they’ll now have to wait 10 years for the Minimum Occupancy Period (MOP), and a percentage of any sale after that would have to be paid back to HDB. In addition, buyers will need to adhere to the prevailing income ceiling for BTO flats (currently S$14,000), unlike other resale units on the market.

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All this is sure to deter some Singaporeans from balloting as they might have aspired to sell after the original 5 year MOP period.

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The Rochor site’s accessibility is outstanding, being right outside Jalan Besar MRT station on the Downtown Line. But there are also other HDB alternatives in the area that you can move into immediately, and skip the 4-5 year construction period.

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