Time to own the first BTO flats of 2012

3,923 new apartments now up for grabs with priority for first-timer households.

This is the initial wave of an estimated 25,000 BTO units to be offered by the Housing and Development Board over the year.

Selling prices start from as low as $77,000 for a studio apartment in Sunshine Gardens up to $340,000 for a 5-room unit in Waterway Sunbeam. Locations include Choa Chu Kang, Punggol, Sengkang and Tampines.

"At least 95% of the flat supply (excluding Studio Apartments) will be set aside for first-timer households. Eligible first-timer households can also enjoy various housing grants to help them own a new BTO flat," said HDB in a release.

Applications for the new flats end January 17.

The second set of 4,110 flats will be offered by HDB in March 2012. These will be located in Bedok, Bukit Batok, Bukit Panjang, Bukit Timah, Clementi, Geylang and Toa Payoh.