{"id":110689,"date":"2019-09-12T10:50:26","date_gmt":"2019-09-12T03:50:26","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-4089-flats-in-september-sales-exercise\/"},"modified":"2019-09-12T11:02:53","modified_gmt":"2019-09-12T04:02:53","slug":"hdb-launches-4089-flats-in-september-sales-exercise","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-4089-flats-in-september-sales-exercise\/","title":{"rendered":"HDB launches 4,089 flats in September sales exercise"},"content":{"rendered":"


\nA total of 3,373 Build-To-Order (BTO) flats were launched in Punggol and Tampines, which were spread across three projects \u2013 Punggol Point Crown, Punggol Point Cove and Tampines GreenGlen.
\nThe Housing Board launched 4,089 flats for sale on Wednesday (11 September), just a day after National Development Minister Lawrence Wong announced higher housing grants and higher income ceilings for flat buyers.
\nA total of 3,373 Build-To-Order (BTO) flats were launched in Punggol and Tampines, which were spread across three projects \u2013 Punggol Point Crown, Punggol Point Cove and Tampines GreenGlen.
\nBuyers can choose from a range of two-room flexi to five-room flats. A two-room flexi flat in Punggol Point Cove, for instance, only cost $29,000 including grants.
\nIn addition to BTO flats, 716 Re-Offer of Balance (ROF) flats were also launched \u2013 comprising 268 two-room Flexis, 202 three-room units, 90 four-room units, 49 five-room units, 104 3Gen units and three executive flats in various towns.
\nHDB noted that families who are purchasing a HDB flat for the first time will continue to be given priority in flat allocation. Applicants who want to live near their parents or married children within the same BTO projects in Punggol can apply under the Multi-Generation Priority Scheme.
\nPropNex Realty CEO Ismail Gafoor expects the Tampines GreenGlen project to be popular among buyers due to its good location, reported Today Online.
\n\u201cWe foresee that the strategically located Tampines GreenGlen, with 649 available units, are likely to exceed eight times subscription rates for this sales exercise.\u201d
\nHe also expects to see high demand for bigger-sized units, with five-room units likely to attract double-digit subscription.
\nFor the ROF flats, HDB said at least 95 percent of the available units will be set aside for first-timer families, with the rest going to second-timers. It revealed that around 12 percent of the ROF flats are already completed, while the rest are under construction.
\nHDB added that applications for the flats may be submitted online until 17 September.
\nAbout 4,500 BTO flats in Ang Mo Kio, Tampines and Tengah will be offered for sale by HDB in November, and another 3,000 flats in Sembawang and Toa Payoh in February next year.
\nWant to learn more about the different types of BTO flats offered? Check out our handy guide here.\u00a0
\nAgnes Ong at PropertyGuru, edited this story. To contact her about this or other stories, email\u00a0agnes.ong@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…HDB launches 4,089 flats in September sales exercise<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A total of 3,373 Build-To-Order (BTO) flats were launched in Punggol and Tampines, which were...<\/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-110689","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-sNj","jetpack-related-posts":[{"id":44035,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-4056-bto-flats\/","url_meta":{"origin":110689,"position":0},"title":"HDB launches 4,056 BTO flats","date":"February 14, 2017","format":false,"excerpt":"\r A total of 17,000 new flats are set to be launched in 2017.\u00a0 The Housing and Development Board (HDB) launched 4,056 flats for sale this morning under the February 2017 Build-To-Order (BTO) exercise. 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The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35462,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-10118-flats-in-november-sales-exercise\/","url_meta":{"origin":110689,"position":2},"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":35466,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/4-room-flats-in-kallang-attract-most-attention\/","url_meta":{"origin":110689,"position":3},"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":96854,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/over-5000-flats-offered-in-hdbs-august-sales-exercise\/","url_meta":{"origin":110689,"position":4},"title":"Over 5,000 flats offered in HDB\u2019s August sales exercise","date":"August 29, 2018","format":false,"excerpt":"\r The Housing and Development Board (HDB) has launched 5,101 flats for sale under the August 2018 Build-To-Order (BTO) and Re-Offer of Balance Flats (ROF) exercise. \u00a0The 4,375 BTO units on offer are spread across four projects in Punggol and Yishun, said the HDB in a release on Tuesday (28\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45070,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/punggol-clementi-flats-sees-robust-interest-from-buyers\/","url_meta":{"origin":110689,"position":5},"title":"Punggol, Clementi flats sees robust interest from buyers","date":"February 22, 2017","format":false,"excerpt":"\r \u00a0 Flats in Punggol and Clementi attracted the most interest at this year\u2019s first Build-To-Order sales exercise, reported Today Online. Data from the Housing and Development Board (HDB) showed that five-room flats at Punggol Northshore Cove had a subscription rate of 5.6, or 958 applications for the 170 units\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\/110689"}],"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=110689"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110689\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}