HDB launches 8,200 BTO flats for sale

This is the largest supply of flats in a single launch, offering a wide array of choices across flat-types in both mature and new towns.

7 BTO Projects Offering 5,415 Flats

HDB will offer a total of 5,415 new flats in 7 BTO projects. They are located in Sengkang, Punggol, Jurong West, Jurong East and Ang Mo Kio towns.

First-time buyers will get priority for application, with at least 95% of the flat supply (excluding Studio Apartments) set aside for them. Lower income first-timer households can also enjoy various housing grants to help them own a new BTO flat.

HDB will offer a total of 2,847 flats under the SBF Exercise. These flats are scattered over 15 estates (6 in mature and 9 in non-mature estates).

Some of these flats are completed and ready for occupation, while others are close to completion. As the waiting time is shorter compared to BTO flats, these balance flats generally command higher prices compared to BTO flats.

Advice for Flat Buyers

Applicants are strongly advised to apply for a BTO flat in order to enjoy a higher chance of securing a flat. While SBF flats have a shorter waiting time to completion, their number in each town is small and are likely to be oversubscribed.

Next BTO Launch

HDB will be launching another 4,200 BTO flats in November, to bring the total flat supply offered under the BTO and SBF to 28,000 in 2011.

Read the full report with price listings here.

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