Choosing a resale flat that meets your needs

With resale flats, you have a wide range of options. Those with better attributes (e.g. central location, many amenities) will be more expensive. However, you can also consider other affordable options in the market. So, choose wisely according to your needs and preferences.

Here are some factors that affect the cost of a resale flat:

• Location, location, location (but look deeper than just ‘central’)
  • Living near amenities like MRT stations, hawker centres, supermarkets, schools, and clinics provides convenience and easy access to daily necessities.
  • Bonus points if there are future developments nearby, like a new MRT line or mall (check the URA Master Plan for clues).
• Lease remaining
  • Buy a home for life that best suits your budget and needs. Plus, if the lease covers you until at least 95 years old, you won’t face CPF or loan restrictions.
• Condition and reno — check for hidden costs or turn-offs
  • A flat that’s clean, well-maintained, and simply renovated saves you time and money.
  • Watch out for atas reno splurges: A marble kitchen island or walk-in wine chiller might look glam on TikTok, but they’ll cost a bomb, and your future self might wish you saved that money instead.
• Flat type and position — not all units are equal
  • Corner units, 5-room flats, and high-floor units usually get more interest.
  • Nice views or a park-facing window? They may cost more.

What you can do now:

• Think beyond the Instagram tour. Don’t just fall for decor. Check the lease, location, and floor plan practicality.
• Ask about recent repairs or defects. Pipes, wiring, and windows matter more than ugly wallpaper or paint.
• Compare nearby listings. Use tools like HDB Map Services, the Resale Flat Listing Service, or 99.co to see what’s selling and why.

Here’s a sample checklist: