{"id":103937,"date":"2019-02-13T10:43:34","date_gmt":"2019-02-13T03:43:34","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/3739-flats-launched-in-first-hdb-sales-exercise-of-2019\/"},"modified":"2019-02-13T11:04:08","modified_gmt":"2019-02-13T04:04:08","slug":"3739-flats-launched-in-first-hdb-sales-exercise-of-2019","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/3739-flats-launched-in-first-hdb-sales-exercise-of-2019\/","title":{"rendered":"3,739 flats launched in first HDB sales exercise of 2019"},"content":{"rendered":"


\nArtist\u2019s impression of the Towner Crest BTO project in Kallang Whampoa. Source: HDB
\nThe Housing and Development Board (HDB) on Tuesday (12 Feb) launched 3,739 flats for sale in this year\u2019s first Build-To-Order (BTO) and Re-Offer of Balance Flats (ROF) exercise.
\nOf these, 3,162 BTO flats will be spread across five projects \u2013 three in the non-mature towns of Sengkang and Jurong West, and two in the mature estate of Kallang Whampoa.
\nAnalysts expect the Kallang Whampoa flats to be popular among buyers due to their city fringe location and proximity to MRT stations.
\n\u201cThe Kallang\/Whampoa flats are expected to be the \u201chottest\u201d in this exercise, as they are centrally located and not too far away from MRT stations. We should see more second-timer demand for these flats, especially as their price points are higher compared to flats in non-mature locations,\u201d said Eugene Lim, key executive officer of ERA Realty.
\nFor instance, prices of three-room flats in Kallang Whampoa start from $374,000, while those in Jurong West and Sengkang are priced from $185,000 and $191,000 respectively.
\nCan you afford an HDB flat? Check your\u00a0affordability\u00a0now.
\nMeanwhile, the 577 unsold flats from the Sale of Balance Flats exercise in May 2018 comprise 173 two-room Flexi, 166 three-room, 129 four-room, 10 five-room and 96 3Gen flats as well as three executive flats across various towns and estates.
\nHuttons Asia head of research Lee Sze Teck noted that this current ROF \u201cmay not be as popular because only 13 percent of the flats are already completed\u201d.
\nHDB revealed that at least 95 percent of the flat supply will be set aside for first-timer families and up to five percent for second-timer families.
\nAnd while elderly buyers can also apply if they meet the prevailing conditions to acquire a two-room Flexi flat, families \u201cenjoy priority for flat selection\u201d, it said.
\nIt noted that applicants can apply for a flat under either the BTO or ROF exercises, but not both.
\n\u201cIf they apply for a BTO flat, they must select only one flat type in one town. If they apply for a ROF flat, they do not have to indicate their preferred flat type and town\/estate in their application.\u201d
\nApplications for the flats closes on 18 February.
\nThe next BTO launch will be held in May, where around 3,400 flats in Kallang Whampoa, Woodlands and Tengah will be launched for sale.
\nLearn how to get your own BTO flat from application to key collection with\u00a0PropertyGuru.
\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…3,739 flats launched in first HDB sales exercise of 2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Artist\u2019s impression of the Towner Crest BTO project in Kallang Whampoa. Source: HDB The Housing...<\/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-103937","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-r2p","jetpack-related-posts":[{"id":120186,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-3740-bto-flats-including-singapores-first-community-care-apartments-for-seniors\/","url_meta":{"origin":103937,"position":0},"title":"HDB launches 3,740 BTO flats, including Singapore\u2019s first Community Care Apartments for seniors","date":"February 5, 2021","format":false,"excerpt":"\r HDB launches 3,740 BTO flats, including Singapore\u2019s first Community Care Apartments for seniorsThe Kallang\/Whampoa and Toa Payoh projects are expected to be heavily oversubscribed, given their prime city fringe locations and\u00a0close proximity to MRT stations. Image: HDB In the first sales exercise of the year, the Housing and Development\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/02\/feb-2021-bto-bidadari.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":103937,"position":1},"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. The BTO flats are spread across four projects, three\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35466,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/4-room-flats-in-kallang-attract-most-attention\/","url_meta":{"origin":103937,"position":2},"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":120225,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/all-flats-in-bidadari-kallangwhampoa-community-care-apartments-oversubscribed\/","url_meta":{"origin":103937,"position":3},"title":"All flats in Bidadari, Kallang\/Whampoa, Community Care Apartments oversubscribed","date":"February 8, 2021","format":false,"excerpt":"\r All flats in Bidadari, Kallang\/Whampoa, Community Care Apartments oversubscribedThe 169 units of Community Care Apartments at Harmony Village @ Bukit Batok received 319 applicants as of 5pm on Friday (5 February), just a day after the launch. Competition for Build-to-Order (BTO) flats within the mature estates of Toa Payoh\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/02\/hdb-community-care-apartments.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":121390,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-4989-bto-flats-more-than-half-in-mature-estates\/","url_meta":{"origin":103937,"position":4},"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":121539,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/august-bto-exercise-sees-higher-demand-for-bto-flats-in-non-mature-estates\/","url_meta":{"origin":103937,"position":5},"title":"August BTO exercise sees higher demand for BTO flats in non-mature estates","date":"August 19, 2021","format":false,"excerpt":"\r 11,420 applicants applied for the 459 four-room units available at Hougang Citrine and Kovan Wellspring. Source: HDB The Housing and Development Board\u2019s (HDB) latest sales exercise saw greater demand for Build-To-Order (BTO) flats within non-mature estates, with four-room flats in Hougang registering the highest demand, reported Channel News Asia\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/08\/HOUGANG-CITRINE-BTO-AUGUST-2021.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/103937"}],"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=103937"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/103937\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=103937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=103937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=103937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}