It has taken a while, but the time has come. For BTO owners who had their BTO flat completed in 2019 and 2020, the 5-year Minimum Occupation Period (MOP) is finally reaching its end. Homeowners seeking a long-lasting home in a HDB flat, this is your chance.
Recap on MOP:
MOP is a period of time an HDB property owner is required to physically occupy the property before they can sell or rent the entire flat (only a portion of the flat can be rented out for PLH flats).
While there are cases in which you can sell before meeting the MOP rule, an appeal must be submitted to HDB as a prerequisite.
The MOP can vary among HDB flats, and in the case of flats under the Prime Location (PLH) Public Housing scheme, it extends to a duration of 10 years. Check out your flat’s MOP here.
Here’s the full list of BTO projects reaching MOP in 2024/2025.
We’ve listed down BTO projects that will have their first MOP in 2024 and 2025.
|BTO Name||HDB Estate/ Town Name||MOP||Number of Units|
|Alkaff Lakeview||Toa Payoh||4Q 2024||531|
|Alkaff Vista||Toa Payoh||3Q 2024||350|
|Bedok North Woods||Bedok||2024||357|
|Buangkok Woods||Hougang||4Q 2024||711|
|Eastcreek @ Canberra||Sembawang||4Q 2024||1,252|
|Eastdelta @ Canberra||Sembawang||3Q – 4Q 2024||570|
|Eastlink I @ Canberra||Sembawang||3Q 2024||600|
|Eastlink II @ Canberra||Sembawang||2Q 2024||357|
|Fernvale Woods||Sengkang||3Q 2024||1,160|
|Jurong East Vista||Jurong East||2024||63|
|Macpherson Spring||Geylang||2Q 2024||645|
|Saint George’s Towers||Kallang/Whampoa||1Q 2024||233|
|Tampines Greenview||Tampines||3Q – 4Q 2024||714|
|Tampines Greenweave||Tampines||3Q 2024||1,109|
|Valley Spring @ Yishun||Yishun||4Q 2024 – 1Q 2025||824|
|West Plains @ Bukit Batok||Bukit Batok||2024||1,433|
|West Quarry @ Bukit Batok||Bukit Batok||2Q 2024||636|
|West Edge @ Bukit Batok||Bukit Batok||1Q 2024||1,594|
|Alkaff CourtVIew||Toa Payoh||2025||1,258|
|Ang Mo Kio Court||Ang Mo Kio||2025||590|
|Bedok North Vale||Bedok||2025||215|
|Northshore Residences I||Punggol||2025||587|
|Northshore Residences II||Punggol||2025||814|
|Teck Whye Vista||Choa Chu Kang||2025||126|
If you are a flat owner in any of these BTO projects, you will now be eligible to list your flat on the open market and there’s a good chance of securing a favorable selling price compared to older resale flats in the same vicinity.
Historically, BTO flats sold after reaching their MOP have shown a track record of achieving substantial gains since obtaining a Temporary Occupation Period.
Notable BTO Projects
1. Clementi Crest
It is no surprise that Clementi Crest would be on the list, since it is one of the best-located HDB projects in the neighborhood. Since its BTO launch, flats in Clementi Crest were the most sought-after, with the project being a star draw for the year.
Nestled in the heart of Clementi Town Centre, Clementi Crest enjoys a strategic location that offers residents an abundance of amenities right at their doorstep. With Clementi MRT station and Clementi Mall just a leisurely stroll away, convenience is truly at its finest when it comes to grocery shopping, securing essential items, dining options, and entertainment choices.
The thriving Clementi Town Centre also offers a diverse array of shops, restaurants, and services, ensuring that residents have everything they need just moments away. Moreover, the proximity of a polyclinic a mere three minutes away ensures that healthcare needs are well-catered for. Adding to the convenience, residents of Clementi Crest have easy access to the nearby Clementi ActiveSG Sports Centre, featuring a swimming complex and sports facilities, enriching their active lifestyle options.
For families, esteemed educational institutions like National University of Singapore, Singapore Polytechnic, and Nan Hua High School are within easy reach, making it an ideal choice.
Whether it’s leisurely pursuits, shopping sprees, or embracing a vibrant lifestyle, Clementi Crest’s location offers a seamless blend of accessibility and enjoyment for its residents. Flats in Clementi Crest are bound to fetch a high premium.
2. Bidadari (Alkaff Lakeview, Alkaff Vista, Alkaff CourtView)
In Bidadari Estate, the three BTO projects (Alkaff Lakeview, Alkaff Vista, Alkaff CourtView) have garnered a remarkable level of interest during the BTO launch, and received a positive response overall. Despite the relatively higher prices, the flats within the three projects recorded the highest application rates among all the projects then.
This robust demand highlights Bidadari’s allure as a dream residential home for many. This appeal is driven by multiple factors, including its central location and excellent connectivity provided by two nearby MRT stations (Potong Pasir and Woodleigh). Furthermore, its proximity to shopping centers like Woodleigh Mall and Poiz Centre allows residents access to various dining and shopping options.
Several renowned schools such as Maris Stella, Cedar Girls, and St. Andrews are also within range, adding to the desirability of these flats, especially to families.
Bidadari’s dedication to greenery and environmentally-conscious features, including the regional park and Alkaff Lake offers residents not just a place to live but a comprehensive and nature-infused living experience with breathtaking natural vistas right on their doorstep.
These BTO projects are expected to command a higher price among prospective buyers, given its attractiveness.
Homeowners who are looking for a new home, these are projects to consider.
For a guide to your financial readiness for your dream home, check this out:
Factors contributing to higher gains observed in newly MOP-ed BTO flats:
Prospective buyers are often drawn to newly MOP-ed flats for two key reasons:
- They tend to be in better overall condition as compared to older resale flats, resulting in potential cost savings on renovation, and
- They offer a longer remaining lease period
In the HDB estates and towns hosting these BTO projects, continuous development has significantly improved the infrastructure, adding more amenities, expanded public transportation networks, and appealing lifestyle destinations. These enhancements enhance the long-term rental and investment prospects of these properties.
Despite ongoing discussions surrounding the affordability of HDB resale flats, especially in recent times, there remains a persistent demand for newer flats located in desirable areas.
It’s important to consider this factor when making a decision about selling your HDB flat upon reaching its MOP.
If your BTO flat is reaching MOP in 2024/2025, is it time to sell?
Speak to an expert and get their personalised advice for you and your situation. Drop us a message on WhatsApp to get an immediate callback. You can also talk to us via our Live Chat at the bottom, right-hand corner of the screen.
To get an idea of your potential selling price, you can also check how much your home is valued with Homer AI. You’ll also be able to find your estimated cash proceeds and affordability for your next home.