Resale HDB flats crossing the million-dollar mark were once rare outliers but for younger buyers today, they’re becoming a genuine part of the search. As price gaps narrow between larger resale flats and smaller new condo units, more first-timers are asking whether private property now makes better sense, or if public housing still offers the stronger long-term value.

Nicholas Mak, Chief Research Officer at mogul.sg joins the Breakfast Show to unpack what’s driving this shift, how consumer psychology shapes perception of the “million-dollar threshold”, and the trade-offs young couples face as they weigh space, lifestyle, and future needs. We also explore whether renting is increasingly becoming a viable strategic option in today’s market.