4,200 new flats launched

Another 4,200 new flats in seven Build-to-Order (BTO) projects have been launched on Thursday by the Housing and Development Board (HDB).

This follows its bumper 8,200 new flats offered just two months ago.

The latest launch offers flats in Bedok, Bukit Panjang, Hougang, Punggol and Yishun. They range from studio and 2-room to 5-room flats.

HDB said they will cost from S$75,000 for a studio unit at Fajar Spring to S$352,000 for a 5-room unit at Hougang Dew Court and Hougang Capeview.

The latest offer brings the total number of BTO flats offered this year to 25,200.

HDB said it will continue to offer another 25,000 BTO units next year.

The latest BTO offer comes after a commitment from National Development Minister Khaw Boon Wan in parliament to help newlywed first-timers earning below S$10,000 per month get their first HDB home as soon as possible.

Source : Channel NewsAsia – 24 Nov 2011

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