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Consider applying for a new flat under the Build-To-Order (BTO) exercises, HDB's primary mode of supplying flats.

To secure a 4-room flat, you must be shortlisted and invited to book a unit, then pay an option fee of $2,000. Your chance to select and pay for a flat depends on your queue number and the availability of flats.

You are not penalised if all 4-room units are taken and no eligible units are left when your SBF queue number is called. However, if eligible units are available and you choose not to book, it may be treated as non-selection, affecting your status for future applications. Ensure your application choices match what you are prepared to accept.

To finance a resale flat with a bank loan, get a bank's Letter of Offer or in-principle approval before signing the Option to Purchase. Ensure sufficient funds in CPF/cash for the initial payment. Bank's lawyer will then guide on fees and schedule. At completion, settle balance payments and receive keys.

With a budget of 2 million, you can find comfortable 2- or 3-bedroom units along the Thomson–East Coast Line (TEL). Consider Lentor and Upper Thomson for greenery and schools, Bishan/Thomson for centrality and park connectors, or the TEL East segment (Marine Parade, Katong, Bayshore, Tanjong Rhu, Siglap) for an East Coast lifestyle. Use EdgeProp to filter and compare properties near TEL stations.

To identify condos with high growth potential and below market prices, use EdgeProp tools and follow these steps: 1. Compare prices with nearby projects. 2. Favor areas with upcoming growth catalysts. 3. Check historical profit data. 4. Consider unit mix and tenant demand. 5. Avoid crowded launch clusters unless priced attractively. Provide your budget, preferred area or MRT line, and investment priorities for a tailored shortlist.

Lentor is emerging as a key private residential cluster with developments like Lentor Modern and Lentor Hills Residences. Buyers consist of both investors and own-stay families, with smaller units near the MRT attracting stronger rental demand and larger units appealing to families.

There are no official statistics on new-launch condo buyers in Singapore for "investment" vs "own stay." Estimates suggest owner-occupiers dominate OCR and RCR projects, while CCR and smaller units attract more investors. Larger units near schools attract own-stay buyers, while smaller units in central areas attract investors. Higher ABSD discourages investment purchases.

Rents at $4000+ are sustainable in Singapore in specific segments and locations due to factors like job location, employer support, lifestyle amenities, short-term stays, and household income growth. Prime and city-fringe locations are more likely to sustain these rents, while mass-market areas may face downward pressure.

To approximate renter profiles for rentals of $4000 and above, use EdgeProp Singapore's tools to filter rental listings and transaction history. Focus on condos, apartments, or landed homes in central, city fringe, or popular suburban areas. Typical tenants include expatriates, local upgraders, and professionals.