Property News · May 18, 2017

HDB launches 8,748 flats for sale in May


Artist’s impression of the Woodleigh Hillside BTO project in Bidadari estate. (Image source: HDB)
The Housing and Development Board (HDB) launched 8,748 flats on Thursday (18 May) in its latest sales exercise.
They comprise 4,802 Build-To-Order (BTO) units spread across six projects in Woodlands, Yishun, Bidadari (Toa Payoh) and Geylang. Another 3,946 balance flats in 25 estates were also released.
A range of 2-room Flexi to 3Gen flats are available, with prices starting from $73,000 for a 2-room Flexi flat in Woodlands to $622,000 for a 3Gen flat at Woodleigh Hillside in Bidadari, excluding housing grants.
According to the HDB, eligible first-time buyers can enjoy up to $80,000 of grants, comprising an Additional CPF Housing Grant of $40,000 and a Special CPF Housing Grant of $40,000. With these grants, buyers of 2-room Flexi flats could pay as little as $4,000.
Flat buyers can submit their applications online on the HDB website from today till 24 May 2017.
Meanwhile, the next BTO launch will take place in August, where some 3,850 flats in Bukit Batok and Sengkang will be offered for sale.
 
Romesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories, email romesh@propertyguru.com.sg

Source : proppertyguru.com.sg/Property Market
Read more…HDB launches 8,748 flats for sale in May

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