HDB launches 3,162 BTO flats in first sales exercise of the year

15/02/2019

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SINGAPORE - The Housing Board has launched 3,739 flats in its first sales exercise of the year.

The launch comprises 3,162 Build-to-Order (BTO) flats in the non-mature towns of Jurong West and Sengkang, as well as the mature estate of Kallang Whampoa.

Prices start from $95,000 (excluding grants) for a two-room flexi flat in Jurong West, and from $523,000 (excluding grants) for a four-room flat in Kallang Whampoa.

Also up for grabs are 577 Re-Offer of Balance Flats (ROF), which are unselected flats from the Sale of Balance Flats exercise in May last year.

They comprise 173 two-room flexi units, 166 three-room flats, 129 four-room units, 10 five-room units, 96 three-generation flats and three executive flats across various towns.

About 13 per cent of these are already completed, while the rest are under construction.

Applicants can apply for a flat under either the BTO or ROF exercise, but not both.

Adapted from The Straits Times, 15 Feb 2019.

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