Singapore’s HDB launches 8,748 flats in May 2017 BTO and SBF Exercise
Singapore’s The Housing and Development Board (HDB) launched 8,748 flats for sale under the May 2017 Build-To-Order (BTO) and Sale of Balance Flats (SBF) exercise. They comprise 4,802 BTO units and 3,946 SBF units across 25 towns/ estates.
This second BTO launch for 2017 brings the total number of BTO flats offered this year to 8,858 units. Together with the 3,946 balance flats on offer, HDB has launched a total of 12,804 flats for sale in the first half of 2017 to meet the housing needs of Singaporeans.
A wide selection of flats, ranging from 2-room Flexi to Three-Generation (3Gen) flats, is offered to meet the diverse housing needs of first-timers, second-timers, multi-generation families, elderly and singles.
The 4,802 BTO flats on offer are spread across six projects. Three are in the non-mature towns of Woodlands and Yishun, while another three are in the mature towns/ estates of Bidadari (Toa Payoh) and Geylang.
Eligible first-timer families can enjoy up to $80,000 of housing grants, comprising the Additional CPF Housing Grant (AHG) (up to $40,000) and the Special CPF Housing Grant (SHG) (up to $40,000). With these grants, buyers of 2-room Flexi, 3-room, 4-room and 5-room flats could pay as little as $4,000, $70,000, $176,000, and $307,000 respectively.
New HDB flats are priced with a generous subsidy, taking into account factors such as location, flat attributes and prevailing market conditions. HDB’s prices are considerably lower than transacted prices of comparable resale flats in the vicinity .
|Project(s)||Flat Type||Transacted Prices of
Resale Flats in the
|Non – Mature Towns|
– Marsiling Grove
– Woodlands Spring
|2-room Flexi*||–||From $73,000||From $4,000+|
|3-room||$280,000 – $303,000||From $145,000||From $70,000|
|4-room||$312,000 – $440,000||From $236,000||From $176,000|
|5-room||$430,000 – $452,000||From $312,000||From $307,000|
|3Gen||–||From $320,000||From $315,000|
|Yishun||Forest Spring @ Yishun||2-room Flexi*||–||From $77,000||From $4,000+|
|3-room||–||From $157,000||From $82,000|
|4-room||$295,000 – $330,000||From $251,000||From $191,000|
|5-room||$435,000 – $470,888||From $331,000||From $326,000|
|Toa Payoh||Woodleigh Hillside||2-room Flexi*||–||From $169,000||From $129,000|
|3-room||$340,000 – $448,000||From $328,000||From $308,000|
|4-room||$515,000 – $590,000||From $475,000||From $470,000|
|5-room||$508,000 – $800,000||From $579,000||From $579,000|
|3Gen||–||From $622,000||From $622,000|
|2-room Flexi*||–||From $179,000||From $139,000|
|3-room||$395,000 – $450,000||From $349,000||From $329,000|
|4-room||$695,000 – $738,000||From $489,000||From $484,000|