HDB puts up record supply of flats for sale

The Housing and Development Board (HDB) put up for sale 3,032 flats Tuesday.

This is the largest supply of flats in a single launch to date.

1,408 new flats in Yishun will be offered under the Build to Order (BTO) system.

The project is known as the Yishun Riverwalk, and its flats are located at the cross-section of Yishun Ring Road, Yishun Street 31 and Yishun Avenue 6.

The units range from studio apartments to five-room flats.

There are 254 units of studio apartments, 250 units of three-room, 652 units of four-room and 252 units of five-room flats.

Facilities provided in this development include an eating house, a mini-mart, two shops, a child care centre and a Residents’ Committee Centre.

A four-room unit costs between S$214,000 and S$268,000.

Another 1,624 units spread over 10 non-mature estates will be available under the Sale of Balance Flats (SBF) exercise.

The estates include Bukit Batok, Hougang and Woodlands.

The units range from two-room to executive flats.

A four-room flat under the SBF is priced between S$190,000 and S$380,000.

There will be 55 units of two-room flats, 53 units of three-room standard flats, eight units of three-room premium flats, 1,081 units of four-room flats, 338 units of five-room flats and 89 units of executive flats.

With Tuesday’s launch, HDB would have offered close to 13,000 flats for sale since the start of this year.

Flat buyers can expect BTO projects in areas such as Bukit Panjang, Punggol, Sengkang and Woodlands later this year.

In September, about 1,300 flats will be put up for sale in Woodlands.

Source : Channel NewsAsia– 31 Aug 2010

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