The Housing and Development Board (HDB) has launched two new Build-To-Order (BTO) projects - Fernvale Ridge in Sengkang and Sembawang RiverLodge in Sembawang. Close to 830 flats will be offered in total, most of which are four-room units. HDB said 95 per cent of the flats will be set aside for first-timers. Flats in Fernvale Ridge range in price from S$128,000 for a three-room unit to S$352,000 for a...
BTO Flats
The Housing and Development Board said that one in two applicants did not book a flat when invited to do so under the Build-To-Order (BTO) system. National Development Minister Mah Bow Tan revealed this figure in Parliament on Friday. He added that the high application rates for recent BTO launches do not reflect true demand for flats. Mr Mah noted that 22 per cent of the applications for BTO projects in...
The two latest HDB Build-to-Order or BTO projects - Punggol Crest and Treegrove@Woodlands - are seeing strong demand. The number of applications received so far was four times the number of units available. The more popular ones are the bigger flats. There were some 2,600 applicants for 270 4-room units at Punggol Crest. The 372 4-room units on offer at Treegrove saw 2,390 applicants. But the 2-room...
The Housing and Development Board (HDB) has launched two more Build-To-Order (BTO) projects. Punggol Crest in Punggol and Treegrove@Woodlands will offer some 1,500 units. Punggol Crest comprises 750 standard flats, and Treegrove@Woodlands will offer 784 premium flats. HDB said most of the flats would be set aside for first-timers. The selling prices for the flats range from S$90,000 for a two-room flat...
The Housing Development Board's (HDB's) first two Build-to-Order (BTO) projects launched for the year are receiving very favourable responses. A few hours before the close of applications at 2359hrs on Monday, the 1,291 units being offered at Limbang Green in Choa Chu Kang and Buangkok Vale were more than five times oversubscribed. The four-room flats were the most popular. The 188 four-room units in...
The Housing and Development Board (HDB) will build about 12,000 new Build-To-Order (BTO) flats this year, if demand is sustained. National Development Minister Mah Bow Tan said this would be supplemented by flats under the Design, Build and Sell Scheme as well as executive condominiums. In reply to a Parliamentary question, Mr Mah said HDB is committed to ensuring a sufficient supply of new flats. Last...
As housing prices in Singapore continue to climb, the Government has announced a slew of measures to raise supply. These measures include Housing and Development Board's (HDB's) latest Build-To-Order (BTO) exercise, with 1,291 new flats launched in two locations on Tuesday. Located in Choa Chu Kang and Hougang, the majority of the new units offered in HDB's latest BTO exercise are studio apartments and...
A pair of new Build-to-Order (BTO) projects have been launched by the HDB in Choa Chu Kang and Hougang. Called Limbang Green and Buangkok Vale, the flats will cost from a low of $64,000 for a Studio flat to a high of $288,000 for a 4-room unit. The Housing and Development Board said in a news release on Tuesday that the new flats are priced below their equivalent market prices and most of the 2- to...
Home-buyers, who have applied for the Build-to-Order (BTO) flats at the popular Dawson estate in Queenstown, are seeing stiff competition. Applications ended on Monday and the 1718 premium flats are six-times oversubscribed. SkyVille@Dawson and Skyterrace@Dawson are public flats with premium finishes and designs. The projects comprise studio apartments as well as three-, four- and five-room flats. 9,865...
The Build-To-Order flats at the popular Dawson estate in Queenstown have received an overwhelming response from home buyers. The HDB received 2,300 applications for the 1,718 units available, just two days after they were launched. Four-room flats at SkyVille@Dawson and SkyTerrace@Dawson were the most popular, with 1,400 home buyers vying for 1,100 flats. Five-room flats were over two times subscribed,...