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.