Largest flat launch ever, with 8,262 units on offer

HDB this morning announced the launch of more than 8,200 flats under the joint Build-To-Order (BTO) and Sale of Balance Flats (SBF) Exercises – the largest supply of flats in a single launch.

There was an added bonus for first-time buyers, as it was announced that “at least 95 per cent” of the flats would be set aside for buyers in this category.

“Flat-buyers of all income groups will enjoy a wide range of choices across flat-types, in both mature and new towns,” said the HDB in its announcement this morning.

The 5,415 flats available in seven BTO projects are located in Sengkang, Punggol, Jurong West, Jurong East and Ang Mo Kio towns, and include 3-, 4- and 5-room flats as well as studio apartments. The cheapest units are studio apartments at Anchorvale and Fernvale, which are priced from S$70,000.

Under the SBF Exercise, 2,847 flats will be launched. These include units in six mature estates – Ang Mo Kio, Bukit Merah, Clementi, Kallang Whampoa, Queenstown and Tampines – and in nine non-mature estates, including Jurong, Punggol, Hougang and Woodlands.

Some of the SBF flats are already completed and ready for occupation, while others are close to completion, the HDB said.

Applications for the new flats launched today can be submitted online from today until next Wednesday. For more details, visit www.hdb.gov.sg/esales or visit the HDB Sales Office during office hours.

The HDB also announced that it will be launching a further 4,200 flats in November, which would bring the total BTO and SBF flat supply offered this year to 28,000.

Source : Today – 22 Sep 2011

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