{"id":35462,"date":"2016-11-23T11:47:13","date_gmt":"2016-11-23T04:47:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-10118-flats-in-november-sales-exercise\/"},"modified":"2016-11-23T11:49:29","modified_gmt":"2016-11-23T04:49:29","slug":"hdb-launches-10118-flats-in-november-sales-exercise","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-10118-flats-in-november-sales-exercise\/","title":{"rendered":"HDB launches 10,118 flats in November sales exercise"},"content":{"rendered":"


\nNew HDB flats accounted for more than half of the units launched for sale.\u00a0
\nThe Housing and Development Board (HDB) launched 10,118 flats for sale on Tuesday (22 November) in its largest sales exercise in 2016.
\nBuild-To-Order (BTO) flats accounted for more than half of the units launched for sale, with 5,110 units spread across nine projects. Of these, three projects are located in the non-mature estate of Punggol, while the other six are within the mature estates of Bedok, Bidadari and Kallang Whampoa.
\nExcluding grants, prices for the flats range from $80,000 for a 2-room Flexi flat in Punggol to $503,000 for a 5-roomer in Bedok.
\nMeanwhile, the remaining 5,008 balance flats are spread across 11 non-mature and 14 mature estates.
\n\u201cThey comprise 635 units of 2-room Flexi, 1,266 units of 3-room, 2,233 units of 4-room, 837 units of 5-room, 23 units of 3Gen, 13 units of executive flats, and one unit of Multi-Generation flat,\u201d said the HDB.
\nPrices start from $75,000, excluding grants, for a 2-room Flexi unit in a non-mature town to $525,000 for an executive flat in a mature town.
\nThe Housing Board noted that the launch brings the total BTO and balance flats supply this year to 17,891 and 10,178 units, respectively. This works out to a total flat supply of 28,069 units.
\nLim Yong Hock, Key Executive Officer at PropNex Realty, expects flats in mature estates to receive a higher subscription rate of between four to eight times, while those non-mature estates will see a subscription rate of one to three times.
\n\u201cHDB BTO overall subscription rates for this year have dropped from 4.7 in February to 3.7 in May and 2.3 in August,\u201d he noted.
\n\u201cWe predict that this last BTO launch for the year will see an average rate of three to five times due to more matured estates released this time round.\u201d
\nThe latest exercise will close on 28 November.
\nThe next BTO launch will be held in February 2017, with about 4,100 flats offered in Clementi, Punggol, Tampines and Woodlands.
\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 launches 10,118 flats in November sales exercise<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

New HDB flats accounted for more than half of the units launched for sale.\u00a0 The...<\/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-35462","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\/p75ss1-9dY","jetpack-related-posts":[{"id":35466,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/4-room-flats-in-kallang-attract-most-attention\/","url_meta":{"origin":35462,"position":0},"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. 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Image: HDB The Housing and Development Board (HDB) launched 8,170 flats for sale in the year\u2019s\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":35462,"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":107397,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-6753-flats-in-may\/","url_meta":{"origin":35462,"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. 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":110689,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-4089-flats-in-september-sales-exercise\/","url_meta":{"origin":35462,"position":5},"title":"HDB launches 4,089 flats in September sales exercise","date":"September 12, 2019","format":false,"excerpt":"\r A 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. 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