Resale flats in Singapore definitely don’t come cheap. Aside from the increasing prices, there’s also the hefty Cash Over Valuation (COV) that we’ll have to foot. And if you want a unit located in a mature estate or near an MRT station, you’ll also have to fork out a premium due to its high appeal.
So whether you’ve chalked up many failed attempts of BTO flat applications or don’t want to pay the resale levy if you get another BTO flat after your first, you’re probably wondering if there’s any way to reduce resale flat prices.
With a few tips and tricks, you’ll be able to avoid some huge costs that could be channelled elsewhere. Here are seven ways you can save money when you buy a resale flat.