4,841 HDB flats on offer in August BTO exercise

A total of 4,841 Build-To-Order (BTO) flats were launched on Wednesday (Aug 17), the Housing and Development Board (HDB) announced.

Five new BTO projects were launched – three in the non-mature towns of Hougang, Sembawang and Yishun, and another two projects in the mature town of Tampines, it said in its press release.

The flats are priced from S$79,000, excluding grants, for a two-room Flexi flat in Hougang and Yishun to S$428,000, excluding grants, for a 3Gen flat in Tampines.

Interested applicants for the current exercise may submit an application online at HDB’s InfoWEB from Aug 17 to Aug 23. They can also apply at HDB Hub or any of HDB’s branches.

This is the third BTO launch for 2016, bringing the total number of BTO flats offered this year to 12,781 units. Together with the 5,170 balance flats offered in the May exercise, HDB has offered a total of 17.951 flats for sale this year.

Another 5,090 BTO flats in Bedok, Bidadari, Kallang Whampoa and Punggol will be launched in November, while about 5,000 balance flats will also be made available in the concurrent Sale of Balance Flats exercise, HDB said.

Source : Channel NewsAsia – 18 Aug 2016