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Thu, Oct 01, 2009
AsiaOne
HDB releases 7,132 flats

HDB is stepping up its supply of new flats to meet increased demand.

Related story:
» HDB's resale price index up 3.2%
» Private home prices up 16%
» What is the BTO scheme?
» 18 failed attempts to get an HDB flat
» Your guide to househunting 2009

Another 5,000 new Build-To-Order (BTO) flats will be released over the next 3 months in various locations. This translates to an average of 1,500 new flats monthly, with at least two BTO launches each month.

For October, HDB will launch two BTOs totalling more than 1,000 units in Jurong West and Sengkang.

In addition, HDB will launch a Sale of Balance Flats exercise today, and offer another 2,132 flats for sale.

With the good response to recent BTO launches, HDB will be increasing its BTO supply from 8,000 units to 9,000 units this year. HDB has launched 3,945 BTO flats from Jan to Aug this year.

Sale of balance flats (SBF)

Spread over 24 estates, the 2,132 flats offered under the SBF ranges from studio apartments to executive flats.

Apartment Type No. offered Prices start from
Studio Apartment 121 $97,000
Two-room 58 $111,000
Three-room 345 $118,000
Four-room 1,184 $178,000
Five-room 281 $238,000
Executive flats 32 $324,000
S1 77 N.A.
S2 34 N.A.

*S1 and S2 refer to units from The Pinnacle@Duxton

Households interested in buying a flat under the SBF can visit an exhibition at the HDB Hub Sales Display Area (Atrium, 1st storey) to find out more.

Applications can be submitted online at the HDB InfoWEB: www.hdb.gov.sg from today till Oct 14.

For enquiries, the public can contact HDB through:

  • E-mail hdbsales@hdb.gov.sg;
  • Call the Sales/Resale Customer Service Line at 1800-866 3066 on Mon to Fri from 8 am to 5 pm; or
  • Visit the HDB Sales Office to speak with our Customer Service Officers during
    office hours (Mon to Fri 8am to 5pm, Saturday 8am to 1pm).

At least 90 per cent of the flat supply will be set aside for first-timers, but no additional chances will be accorded to repeatedly unsuccessful first-timers.

First-timers who reject 2 chances to select a flat will have their first-timers priorities removed for a one-year period for all HDB sales exercises.


 

 
STORY INDEX
 
  What is the BTO scheme?
   
 
  S'pore private home prices up 15.9%
   
 
  HDB's resale price index up 3.2%
   
 
  HDB releases 7,132 flats
   
 
  Some fall through HDB-loan cracks
   
 
  Hundred Trees sells another 116 units
   
 
  18 failed attempts to get an HDB flat
   
 
  There's still demand for no-frills, low-cost flats
   
 
  Aztech jumps on property bandwagon
   
 
  316 Hundred Trees units sold
   
>> RELATED STORY
What is the BTO scheme?
HDB releases 7,132 flats
18 failed attempts to get an HDB flat
There's still demand for no-frills, low-cost flats
Aztech jumps on property bandwagon

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