{"id":107397,"date":"2019-05-23T10:16:14","date_gmt":"2019-05-23T03:16:14","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-6753-flats-in-may\/"},"modified":"2019-05-23T11:05:15","modified_gmt":"2019-05-23T04:05:15","slug":"hdb-launches-6753-flats-in-may","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-6753-flats-in-may\/","title":{"rendered":"HDB launches 6,753 flats in May"},"content":{"rendered":"


\nThey comprise of 3,485 BTO and 3,268 SBF units.\u00a0
\nThe 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.
\nThis comprises 3,485 BTO and 3,268 SBF units.
\nThe BTO flats are spread across four projects, three of which are in the non-mature towns of Woodlands and Tengah, while the fourth project is in Kallang Whampoa. A range of two-room Flexi to five-room flats are being offered.
\nALSO READ:\u00a0All You Need To Know About HDB\u2019s May 2019 BTO Launch At Woodlands, Kallang\/Whampoa, And Tengah
\n\u201cWith effect from this sales exercise, the balloting time for BTO flats will be reduced from six weeks to three weeks,\u201d said HDB.
\nERA Realty key executive officer Eugene Lim expects the Kallang\/Whampoa flats to be the most popular as they are located right beside Boon Keng MRT station.
\n\u201cDespite the heftier price tag (three-room flats start from $387,000 and four-room flats start from $562,000 excluding grants), demand for these flats are expected to be high, especially among second timers,\u201d he said.
\nHuttons Asia research head Lee Sze Teck, however, noted that the prices for Kallang\/Whampoa flats are about 60 percent to 70 percent higher than those in Tengah and Woodlands.
\n\u201cBuyers may want to take that into consideration,\u201d he said.
\nEligible first-timer families can enjoy up to $80,000 of housing grants, which comprises up to $40,000 in Additional CPF Housing Grant (AHG) and up to $40,000 in Special CPF Housing Grant (SHG).
\n\u201cWith these grants, flat buyers could pay as little as $6,000 for a two-room Flexi flat, $90,000 for a three-room flat, $184,000 for a four-room flat, and $331,000 for a five-room flat,\u201d said HDB.
\nStarting from this month\u2019s sales exercise, second-timer families living in public rental flats may also avail of the Step-Up CPF Housing Grants of $15,000 when they apply for a two-room Flexi or three-room flat in non-mature estates.
\nAside from the BTO flats, HDB will also offer 3,268 SBF units, comprising 535 two-room Flexi units, 432 three-room flats, 1,384 four-room flats, 799 five-room flats, 111 3Gen units, and seven executive flats.
\nHDB revealed that majority of the SBF flats offered are reserved for first-timer families. \u201cEligible first-timer singles may also apply for a two-room Flexi flat in non-mature towns,\u201d it added.
\nApplications for the flats may be submitted online on the HDB website from today till next Tuesday (28 May). HDB noted that buyers can only apply for one flat type in one town in either the BTO or SBF exercise.
\nMeanwhile, HDB will offer around 3,300 flats in Punggol and Tampines in August, and another 4,500 flats in Tampines, Ang Mo Kio and Tengah in November.
\n\u201cIn June 2019, flat buyers will have an option to book unselected ROF flats from an open pool at any time of the year,\u201d said HDB. \u201cMore details will be announced at a later date.\u201d
\nGetting a new home? Read our handy property buying guides\u00a0to understand the key things you need to know before buying a home.\u00a0
\nVictor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0victorkang@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…HDB launches 6,753 flats in May<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

They comprise of 3,485 BTO and 3,268 SBF units.\u00a0 The Housing and Development Board (HDB)...<\/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-107397","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-rWd","jetpack-related-posts":[{"id":118234,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/all-flats-in-hdbs-latest-bto-exercise-oversubscribed\/","url_meta":{"origin":107397,"position":0},"title":"All flats in HDB\u2019s latest BTO exercise oversubscribed","date":"August 14, 2020","format":false,"excerpt":"\r HDB has received a total of 17,947 applications a day after launch.\u00a0 The 7,862 new flats launched by the Housing and Development Board (HDB) on Wednesday (12 August) received robust interest from buyers, with all flats types being oversubscribed. As of 11am on Friday (14 August), the two-room flexi\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103937,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/3739-flats-launched-in-first-hdb-sales-exercise-of-2019\/","url_meta":{"origin":107397,"position":1},"title":"3,739 flats launched in first HDB sales exercise of 2019","date":"February 13, 2019","format":false,"excerpt":"\r Artist\u2019s impression of the Towner Crest BTO project in Kallang Whampoa. Source: HDB The 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. Of these, 3,162 BTO flats will be spread\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":107397,"position":2},"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":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":107397,"position":3},"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":35466,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/4-room-flats-in-kallang-attract-most-attention\/","url_meta":{"origin":107397,"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":118293,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/geylangs-four-room-bto-flats-14-times-oversubscribed\/","url_meta":{"origin":107397,"position":5},"title":"Geylang\u2019s four-room BTO flats 14 times oversubscribed","date":"August 19, 2020","format":false,"excerpt":"\r Parc Residences @ Tengah. Photo: HDB The Housing and Development Board\u2019s (HDB) four-room Build-to-Order flats in Geylang proved to be a hit among first-time homebuyers, registering an application rate of 14.1 as at 5pm on Tuesday (18 August). 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