Large flats proved to be the most popular amongst potential home buyers for HDB's latest Build-To-Order exercise. As of 5pm on Monday, each 4-room flat in Clementi received about four applications from first-time applicants. The 5-room flats in Punggol also received about four applications per unit offered from first-time applicants. Although the Special Housing Grant has been extended to 3-room flats...
BTO Flats
The Housing and Development Board (HDB) announced on Tuesday that it has launched seven BTO projects, offering 4,191 new flats. This is the fourth BTO launch this year and HDB said it remains on track to launch 25,000 flats this year. The flats are being offered in two non-mature towns of Choa Chu Kang and Punggol, and three mature towns of Bukit Merah, Clementi and Geylang. The projects in the...
Sengkang saw the greatest interest at the close of May's Build-to-Order (BTO) flats applications. The first timer application rate for four-room units at Sengkang's Compassvale Boardwalk was 3.8. Five-room units saw 2.9 first timer applicants per flat. Kallang-Whampoa was the second most popular area, with 2.8 first timer applicants applying for a four-room unit. A total of 11,410 applications were...
HDB launched six BTO projects today, offering 4,627 new flats in three non-mature towns (Choa Chu Kang, Punggol, and Sengkang) and one mature town (Kallang/Whampoa). This is the third BTO launch this year. HDB plans to offer 25,000 BTO flats for 2012. Prices start from S$124,000 for a studio apartment in McNair Towers in Kallang/Whampoa. A 4-room flat in Compassvale Boardwalk in Sengkang, a non-mature...
The Housing and Development Board (HDB) launched five Build-To-Order (BTO) projects on Wednesday. The BTO launch, the first this year, offers 3,923 new flats in Choa Chu Kang, Punggol, Sengkang and Tampines. And a further 4,110 new flats will be offered for sale in the next BTO launch in March, in Bedok, Bukit Batok, Bukit Panjang, Bukit Timah, Clementi, Geylang and Toa Payoh. In total, HDB plans to...
National Development Minister Khaw Boon Wan has said many first-timers have succeeded in selecting flats under the Build-to-Order (BTO) scheme under the Housing and Development Board's ramped-up building programme. He said first-timers' application rates appear to be within a "promising range", based on the pattern in the latest batch of Build-to-Order (BTO) flats launched on Thursday. He said that if...
Another 4,200 new flats in seven Build-to-Order (BTO) projects have been launched on Thursday by the Housing and Development Board (HDB). This follows its bumper 8,200 new flats offered just two months ago. The latest launch offers flats in Bedok, Bukit Panjang, Hougang, Punggol and Yishun. They range from studio and 2-room to 5-room flats. HDB said they will cost from S$75,000 for a studio unit at...
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...
The Housing and Development Board (HDB) said it will launch 5,500 Build-To-Order (BTO) flats in September and 4,000 BTO flats in November. The flats will be in different towns, such as Punggol, Sengkang, Hougang, Yishun, and Jurong East. These two launches will bring HDB's total BTO supply this year to 25,000 flats. HDB will complement the September BTO launch with the launch of at least 2,500 flats...
The government will raise the qualifying income ceilings of households for HDB's Build-To-Order (BTO) flats and Executive Condos (EC), said Prime Minister Lee Hsien Loong in his National Day Rally speech on Sunday evening. The qualifying income ceilings of households for BTO flats will be increased from the current S$8,000 to S$10,000, and for ECs from the current S$10,000 to S$12,000. Prime Minister Lee...