The CCR accounted for 11.2% while the RCR and OCR made up 59.6% and 29.2%
The respective top-selling projects is Cuscaden Reserve in the CCR, followed by Pinetree Hill in the RCR and Lentor Mansion in the OCR
HDB will be launching its Oct 2024 BTO exercise with flats classified as Standard, Plus and Prime
The key differentiating factors between a Plus and Prime flats are the clawback subsidy and the restriction on resale
The clawback subsidy for Prime flats will be higher than Plus flats to reflect the higher subsidies
Owners of a Prime flat will not be allowed to sell their flat to singles whose income exceeds $7,000 per month
Applicants however are unlikely to be deterred by the restrictions on Plus and Prime flats
They may be more inclined to buy first as there is a likelihood of clawback subsidies being raised over the years
