Which BTO Flats in Singapore Are the Most Profitable in 2024?

Authored by Raymond Tiah

If you’re wondering which BTO flats are making the biggest gains when they hit the resale market, here’s the inside scoop on the most profitable BTO projects to date.

Note: For the following, we used BTO flats that saw transactions from 2023 onward. All the flats have leases starting in 2019, to account for their five-year MOP.

Singapore's BTO market in 2024 has revealed some clear winners in terms of resale profitability. Recent data points to Meadow Spring at Yishun as some of the most lucrative BTOs, particularly for 3-room and EastLink II at Canberra for both 3-room and 4-room flats. 

EastLink II at Canberra

Discover EastLink II in Canberra, just a short walk from Canberra MRT (NSL) and connected to the vibrant Canberra Plaza—your go-to for shopping and dining.

Located between Canberra Park and the MRT, with easy bus access to Bukit Canberra, this area boasts a major sports hub and one of the largest hawker centres.

Launch prices are attractive: $170,000 for 3-room units and $270,000 for 4-rooms.
Note: Limited school options nearby, with Sembawang and Ahmad Ibrahim Primary as the closest.

Meadow Spring at Yishun

Meadow Spring at Yishun features Prime Supermarket and Giant within walking distance, plus a childcare centre and local coffee shops for everyday convenience.

Yishun MRT isn’t far; the bus stop outside (service 117) gets you there quickly. Enjoy nearby Northpoint City or take a stroll to Yishun Mall. Surrounded by greenery with views of Yishun Dam and Park, this area offers low launch prices—$163,000 for 3-room flats—leading to potential profits over $286,000.

Just minutes from Blossom Spring!

EastLink II at Canberra and Meadow Spring at Yishun have proven to be the most profitable BTOs in 2024. Their strategic locations, accessibility, and attractive launch prices have led to significant gains in the resale market. If you’re looking for a smart investment, these BTOs show the key factors that drive high returns in Singapore's property market.

For potential homeowners and investors, these projects exemplify what to look for when aiming for high returns in the property market. With promising resale profits, EastLink II at Canberra and Meadow Spring at Yishun are certainly BTOs worth considering in 2024.