{"id":102140,"date":"2018-12-10T10:57:10","date_gmt":"2018-12-10T03:57:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-slightly-reduces-bto-supply-for-2019\/"},"modified":"2018-12-10T11:20:21","modified_gmt":"2018-12-10T04:20:21","slug":"hdb-slightly-reduces-bto-supply-for-2019","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-slightly-reduces-bto-supply-for-2019\/","title":{"rendered":"HDB slightly reduces BTO supply for 2019"},"content":{"rendered":"


\nThe BTO flat supply next year includes some 2,000 units in the new Tengah town. Source: HDB
\nThe 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 launched this year.
\n\u201cA wide selection of flats will be offered across mature and non-mature estates, including Sengkang, Jurong West and Kallang Whampoa, to meet the diverse housing needs of Singaporeans,\u201d it said in a release.
\n\u201cThe continued supply of flats coming on stream will provide affordable and accessible housing options for young couples planning to start their marriage and parenthood journey, as well as for second-timer families, multi-generation families, elderly and singles.\u201d
\nFind\u00a0HDB flats for sale\u00a0or read our\u00a0HDB guides\u00a0and\u00a0BTO guides
\nThe Housing Board decided to slightly reduce the supply of BTO flats as the application rate by first-timers for 3-room and bigger BTO flats across all estates have remained stable at around two times.
\n\u201cMost first-timer families who apply for a BTO flat in non-mature estates have been able to book a flat within their first or second try, and definitely on their third try,\u201d noted HDB.
\nIn particular, the BTO flat supply next year includes some 2,000 units in the new Tengah town with shorter waiting times. Buyers can expect to get the keys to their flats in around two to three years after applying, instead of the typical waiting time of three to four years.
\nThe maiden batch of BTO units with shorter waiting times were launched in Yishun, Sengkang and Sembawang last month, with the 1,100 units attracting about 3,300 applicants.
\nFurthermore, qualified first-timer families purchasing new flats can obtain maximum housing grants worth $80,000, consisting of the Special CPF Housing Grant of up to $40,000 and as much as $40,000 in the Additional CPF Housing Grant.
\nHDB also improved the CPF Housing Grant in 2017 and Proximity Housing Grant in 2018. Specifically, First-timers who buy a resale HDB flat can get up to $120,000 in housing grants, a 50 percent rise from the grant amount given out three years ago.
\nCan you afford an HDB flat? Check your\u00a0affordability\u00a0now.
\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…HDB slightly reduces BTO supply for 2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The BTO flat supply next year includes some 2,000 units in the new Tengah town....<\/p>\n","protected":false},"author":1,"featured_media":0,"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-102140","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qzq","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":102140,"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":121069,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/number-of-new-bto-projects-in-mature-estates-increased-by-almost-50-says-hdb\/","url_meta":{"origin":102140,"position":1},"title":"Number of new BTO projects in mature estates increased by almost 50%, says HDB","date":"July 26, 2021","format":false,"excerpt":"\r In the last four years, almost 25,600 BTO flats were offered within older residential areas such as Queenstown, Bukit Merah, Tampines, Toa Payoh, Ang Mo Kio, Bishan and Clementi. The Housing and Development Board on Sunday (25 July) said the number of new Build-to-Order (BTO) projects in mature estates\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/07\/BTO-FLAT-hdb.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":121092,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-to-launch-over-17000-bto-flats-next-near-says-desmond-lee\/","url_meta":{"origin":102140,"position":2},"title":"HDB to launch over 17,000 BTO flats next near, says Desmond Lee","date":"July 27, 2021","format":false,"excerpt":"\r HDB to launch over 17,000 BTO flats next near, says Desmond LeeDespite construction delays brought on by the COVID-19 pandemic, HDB is set to launch at least 17,000 BTO flats in 2022. The Housing and Development Board (HDB) is set to launch over 17,000 Build-to-Order (BTO) flats in 2022,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/07\/feb-2021-bto-bidadari.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":123840,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-to-launch-up-to-23000-new-bto-flats-per-year-over-next-two-years\/","url_meta":{"origin":102140,"position":3},"title":"HDB to launch up to 23,000 new BTO flats per year over next two years","date":"December 16, 2021","format":false,"excerpt":"\r Separately,\u00a0the government has also released five confirmed list sites and eight reserve list sites\u00a0for\u00a0the\u00a01H 2022 GLS programme. To meet \u201cstrong\u201d housing demand, the Housing and Development Board (HDB) will launch up to 23,000 new Build-To-Order (BTO) flats annually over the next two years, reported Channel News Asia (CNA). This\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/12\/SINGAPORE-HDB-FLAT.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":107397,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-6753-flats-in-may\/","url_meta":{"origin":102140,"position":4},"title":"HDB launches 6,753 flats in May","date":"May 23, 2019","format":false,"excerpt":"\r They comprise of 3,485 BTO and 3,268 SBF units.\u00a0 The Housing and Development Board (HDB) launched 6,753 flats for sale under its latest Build-To-Order (BTO) and Sale of Balance Flats (SBF) exercise. This comprises 3,485 BTO and 3,268 SBF units. 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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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102140"}],"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=102140"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102140\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=102140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=102140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=102140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}