Analysts predict a surge in demand for both Build-To-Order (BTO) flats and resale properties following the recent raising of the income ceiling for public housing eligibility. The increased ceiling will allow more Singaporean households to qualify for public housing, broadening the pool of potential buyers. Despite the anticipated higher demand, experts believe the supply of flats will likely keep pace, preventing a significant price increase. A key factor supporting this outlook is the upcoming influx of resale flats as current owners, no longer constrained by the previous income limits, may choose to sell. This increased resale supply will offer more options for buyers and help moderate the market. Overall, the adjustments are expected to improve housing accessibility for many Singaporeans while maintaining market stability.

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