{"id":101231,"date":"2018-11-14T10:41:18","date_gmt":"2018-11-14T03:41:18","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/nov-hdb-bto-launch-which-projects-are-the-most-attractive\/"},"modified":"2018-11-14T11:03:07","modified_gmt":"2018-11-14T04:03:07","slug":"nov-hdb-bto-launch-which-projects-are-the-most-attractive","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nov-hdb-bto-launch-which-projects-are-the-most-attractive\/","title":{"rendered":"Nov HDB BTO launch: Which projects are the most attractive?"},"content":{"rendered":"


\nArtist\u2019s impression of Plantation Grove in Tengah. Source: HDB
\nThe Housing and Development Board (HDB) launched 3,802 Build-To-Order (BTO) flats for sale on Tuesday (13 Nov) under its latest sales exercise.
\n\u201cThe final launch of BTO (flats) for 2018 sums up to a grand total of 15,811 units, a dip of 10 percent compared to last year\u2019s figures,\u201d said PropNex Realty\u2019s CEO Ismail Gafoor.
\n\u201cThis is the lowest number of BTO units released since the government ramped up in 2013 from 25,139 units. This is understandable, mainly because the subscription has normalised at the rate of 2 \u2013 2.4 times during the last three BTO exercises of the current year.\u201d
\nThe flats are spread across five projects. One is located in the mature town of Tampines, while four projects are situated in the non-mature towns of Sembawang, Sengkang, Yishun and Tengah.<\/p>\n

According to ERA Realty Network\u2019s key executive officer Eugene Lim, the units in Sembawang, Sengkang and Yishun are the first batch of BTO flats with a shorter waiting time, meaning buyers can expect to get their keys within two to three years.
\n\u201cAlthough their locations are slightly away from the town centres, we expect them to be more popular among buyers with more pressing housing needs due to the shorter waiting time and higher quota for first timers (95 percent compared to the usual 85 percent for 4-room and larger flats).\u201d
\nBut among the five, Ismail and Lim think that Plantation Grove in Tengah and Tampines GreenGem will stand out from the rest.
\n\u201cThis is the first batch of Tengah flats to be launched for sale, and we expect them to be well received. The flats are located near to two upcoming Jurong Region Line MRT stations, and have easy access to PIE and KPE. They are also near to the upcoming Jurong Innovation District. Prices are also relatively affordable, starting from $290,000 for a 4-room flat excluding grants,\u201d noted Lim.
\n\u201cThe Tampines flats are quite attractively located near to the Tampines West MRT station on the Downtown Line. They should be quite popular among young couples who are currently residing in the Tampines\/Bedok area with their parents, he added.
\nOverall, Ismail expects the subscription rate for the November 2018 BTO sales exercise to be around two times.
\nAside from the BTO flats, the Housing Board is also offering 3,412 balance flats in 11 non-mature towns and 13 mature estates. About 37 percent of the units have already been completed and the remainder are under construction, with the majority of the flats reserved for first-timer families.
\nFor the next BTO launch in February 2019, HDB will launch around 3,100 flats for sale in Sengkang, Jurong West and Kallang Whampoa.
\nLearn how to get your own BTO flat from application to key collection with PropertyGuru.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Nov HDB BTO launch: Which projects are the most attractive?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Artist\u2019s impression of Plantation Grove in Tengah. Source: HDB The Housing and Development Board (HDB)...<\/p>\n","protected":false},"author":1,"featured_media":101232,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-101231","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2018\/11\/Nov-2018-BTO-Sales-Exercise.jpg?fit=624%2C316&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qkL","jetpack-related-posts":[{"id":121390,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-4989-bto-flats-more-than-half-in-mature-estates\/","url_meta":{"origin":101231,"position":0},"title":"HDB launches 4,989 BTO flats, more than half in mature estates","date":"August 12, 2021","format":false,"excerpt":"\r Applicants can expect to wait between 37 to 67 months for the seven projects in the August 2021 BTO launch to\u00a0be completed. A total of 4,989 Build-To-Order (BTO) flats across seven projects in Jurong East, Hougang, Queenstown, Kallang Whampoa and Tampines were launched for sale by the Housing and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/08\/AUGUST-BTO-2021.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":35462,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-10118-flats-in-november-sales-exercise\/","url_meta":{"origin":101231,"position":1},"title":"HDB launches 10,118 flats in November sales exercise","date":"November 23, 2016","format":false,"excerpt":"\r New HDB flats accounted for more than half of the units launched for sale.\u00a0 The Housing and Development Board (HDB) launched 10,118 flats for sale on Tuesday (22 November) in its largest sales exercise in 2016. Build-To-Order (BTO) flats accounted for more than half of the units launched for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61276,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-to-offer-bto-flats-with-shorter-waiting-time\/","url_meta":{"origin":101231,"position":2},"title":"HDB to offer BTO flats with shorter waiting time","date":"July 20, 2017","format":false,"excerpt":"\r \u00a0 To help young couples get their new homes sooner, the Housing and Development Board (HDB) will introduce a new sales mode for balance flats and will start the construction of select build-to-order (BTO) projects ahead of their launch. The Housing Board plans to launch for sale the first\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62404,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-5291-flats-in-august\/","url_meta":{"origin":101231,"position":3},"title":"HDB launches 5,291 flats in August","date":"August 1, 2017","format":false,"excerpt":"\r Artist\u2019s impression of West Scape @ Bukit Batok. (Source: HDB) The Housing and Development Board on Tuesday (1 August) launched 5,291 flats for sale in its latest Build-To-Order (BTO) and inaugural Re-Offer of Balance Flats (ROF) exercise. They comprise 3,897 BTO units spread across three projects in the non-mature\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2017\/08\/Aug-2017-BTO-flat-prices-1024x447.jpg?fit=1024%2C447&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":35466,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/4-room-flats-in-kallang-attract-most-attention\/","url_meta":{"origin":101231,"position":4},"title":"4-room flats in Kallang attract most attention","date":"November 23, 2016","format":false,"excerpt":"\r Artist\u2019s impression of Kallang Residences, a new BTO project located near Kallang MRT station. Source: HDB The 4-room Build-To-Order (BTO) flats in Kallang have emerged as the main attraction in the latest exercise by the Housing and Development Board (HDB), with 271 applications submitted for the 158 units during\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102140,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-slightly-reduces-bto-supply-for-2019\/","url_meta":{"origin":101231,"position":5},"title":"HDB slightly reduces BTO supply for 2019","date":"December 10, 2018","format":false,"excerpt":"\r The BTO flat supply next year includes some 2,000 units in the new Tengah town. Source: HDB The Housing and Development Board (HDB) announced last Friday (7 Dec) that it intends to launch around 15,000 Build-To-Order (BTO) flats for the whole of 2019, down from the 15,800 units it\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/101231"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=101231"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/101231\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/101232"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=101231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=101231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=101231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}