From October 2024 onwards, new BTO projects will be classified as Standard, Plus, or Prime based on their locational attributes:

1. Standard flats will come with significant market discounts that are applied to all BTO flats. They will continue to form the largest category of BTO flats to be launched every year.
2. Plus flats will be in choicer locations across Singapore (e.g. good connectivity, proximity to amenities, and the city centre. Some may come with unique features, such as waterfront living).
3. Prime flats are in the choicest locations (e.g. centrally located, well-served by comprehensive amenities and have excellent transport connectivity).

Plus and Prime flats would naturally command higher market values given their attractive location and attributes. As such, these flats will be priced with additional subsidies to keep them affordable. They will also come with tighter resale and rental conditions, to ensure that buyers purchase such flats primarily for owner occupation.

Read more on Standard, Plus, and Prime flats.

This information is sourced from HDB