Should I Get A BTO Or Resale Flat?

There are pros and cons of getting a BTO vs a resale flat. In Singapore, a BTO flat is heavily subsidised by the government and we try our luck to ballot for a chance to select a unit. These flats are build to order (BTO) meaning those who managed to get a unit will have to wait about 3-5 years before they can collect the keys to their flat. I would think most people will go for the BTO option...
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]