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Property: New HDB launch of 8,748 BTO and SBF flats in both mature and newer estates

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Image: The Straits Times
 

Homebuyers this month have a bumper crop of nearly 9,000 new flats to choose from, both from mature estates Bidadari (Toa Payoh) and Geylang, as well as newer towns Woodlands and Yishun.

The Housing & Development Board (HDB) on Thursday launched 8,748 flats for sale - the biggest batch this year so far. It includes 4,802 Build-To-Order (BTO) flats in six estates and 3,946 sale of balance flats across 25 towns. The flats on offer range from two-room Flexi to three-generation (3Gen) units. The BTO flats are in three non-mature towns in Woodlands and Yishun, and three mature towns in Bidadari (Toa Payoh) and Geylang. The towns and estates are Marsiling Grove and Woodlands Spring in Woodlands, Forest Spring @ Yishun, Woodleigh Hillside in Toa Payoh, Dakota Breeze and Pine Vista in Geylang. Larger 3Gen flats meant for multi-generational families are found in Marsiling Grove and Woodleigh Hillside. Prices range from $73,000 for a two-room flat in Woodlands to $489,000 for a four-room in Geylang.

The 3,946 balance flats are in 11 non-mature towns and 14 mature towns and estates. Prices range from $73,000 for a two-room flat in Woodlands to $489,000 for a four-room in Geylang. There are two-room Flexi, three-room, four-room, five-room, 3Gen and executive flats among them. The majority of the flats offered under the sales of balance exercise are reserved for first-timer families.

About 48 per cent are already completed and the rest are under construction. Application for the new flats can be submitted online on the HDB InfoWEB from May 18 to 24. The second BTO launch for 2017 brings the total number of BTO flats offered this year to 8,858 units. HDB has launched a total of 12,804 flats for sale in 2017, including sales of balance flats. In August, HDB will offer about 3,850 flats in Bukit Batok and Sengkang.

 

Adapted from The Straits Times.