HDB rolls out 8,170 flats for sale

The BTO projects span across Ang Mo Kio and Tampines.

The Housing Development Board (HDB) has launched 8,170 flats for sale under the November 2019 Build-To-Order (BTO) and Sale of Balance Flats (SBF) exercises, an announcement revealed. It comprises 4,571 BTO units and 3,599 SBF units across various towns/estates.

The 4,571 BTO flats on offer are spread across five projects. Three projects are in the non-mature town of Tengah and two projects are in the mature towns of Ang Mo Kio and Tampines. Projects in Tengah, Plantation Village and Plantation Grange are the second batch of shorter-waiting-time flats to be offered, where at least 95% of the four-room and bigger flats will be set aside for first-timer families. This is said to be a 10% increase from the current quota of at least 85% in the non-mature estates.

On the other hand, the 3,599 balance flats under the SBF exercise comprise 760 units of two-room flexi, 536 units of three-room, 1,677 units of four-room, 561 units of five-room, 56 units of 3Gen and 9 units of executive flats across various towns/estates. The majority of the flats offered are reserved for first-timer families.

HDB added that eligible first-timer families can enjoy the Enhanced CPF Housing Grant (EHG) of up to $80,000. With this, flat buyers could pay as little as $30,000 for a two-room flexi flat, $133,000 for a three-room flat, $242,000 for a four-room flat, and $364,000 for a five-room flat.

The housing grant is expected to bring the number of BTO flats offered this year to 14,591 units. HDB has also offered 366 flats for open booking.