‘Mega launch’ of 12,000 HDB flats to take place in 2nd half of Nov

The “mega launch” of 12,000 flats for the November Housing & Development Board (HDB) launch will take place in the second half of this month, it was announced on Thursday (Nov 12).

This will be the largest sales exercise to-date, with a total of about 12,000 flats offered for sale, comprising 7,000 Build-To-Order (BTO) flats and 5,000 balance flats. This is as the September launch of BTO flats was delayed to incorporate three new policies announced by Prime Minister Lee Hsien Loong at the National Day Rally in August.

To allow prospective flat buyers more time to consider the “wide range” of flats offered, HDB will extend the application period for the sales exercise to 10 calendar days, up from the usual seven calendar days.

HDB would like to remind flat buyers that they need not rush to put in their applications, as the applications are not processed on a first-come-first-served vasis.

All the information on the flats on offer will be made available on the HDB InfoWEB.

Said HDB: “We would like to advise prospective flat buyers to view the details of the flats on offer online via the HDB InfoWEB, at their leisure. They can get the flat details, as well as submit their applications online via the HDB InfoWEB. There is no need for them to make a trip down to HDB Hub.”

Source : Channel NewsAsia – 12 Nov 2015

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