SINGAPORE: The Housing and Development Board (HDB) has launched 6,992 flats for sale under the May 2018 Build-To-Order (BTO) and Sale of Balance Flats (SBF) exercise, it said in a press release on Tuesday (May 22).
Of the total, 3,970 are BTO units and 3,022 are SBF units across various towns and estates, HDB added.
BTO EXERCISE
The BTO flats are spread across four projects – two of which are in the non-mature towns of Sengkang and Yishun and another two in the mature towns of Toa Payoh and Tampines.
Eligible first-timer families can enjoy up to S$80,000 of housing grants, comprising the Additional CPF Housing Grant (AHG) (up to S$40,000) and the Special CPF Housing Grant (SHG) (up to S$40,000).
“With these grants, buyers of 2-room Flexi, 3-room, 4-room and 5-room flats could pay as little as S$4,000, S$112,000, S$196,000 and S$330,000 respectively,” HDB said.
SBF EXERCISE
In addition to the BTO flats, HDB will also offer 3,022 balance flats under the SBF exercise.
“They comprise 754 units of 2-room Flexi, 655 units of 3-room, 1,143 units of 4-room, 305 units of 5-room, 157 units of 3Gen and 8 units of executive flats across various towns/estates,” HDB said.
The majority of the flats offered under the SBF exercise are reserved for first-timer families. Eligible first-timer singles may also apply for a 2-room flexi flat in non-mature towns.
Application for new flats launched in the May 2018 BTO and SBF exercises can be submitted online on the HDB InfoWEB from May 22 until May 28, HDB said.
HDB said it will offer about 4,300 flats in Punggol and Yishun in August 2018.
Artist’s impression of Casa Spring Yishun. (Image: HDB)
Artist’s impression of Tampines Greenvines. (Image: HDB)
Artist’s impression of Fernvale Dew. (Image: HDB)
