{"id":76094,"date":"2018-01-09T12:25:12","date_gmt":"2018-01-09T05:25:12","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/most-bto-flat-buyers-in-mature-estate-are-first-timers\/"},"modified":"2018-01-09T13:02:47","modified_gmt":"2018-01-09T06:02:47","slug":"most-bto-flat-buyers-in-mature-estate-are-first-timers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/most-bto-flat-buyers-in-mature-estate-are-first-timers\/","title":{"rendered":"Most BTO flat buyers in mature estate are first-timers"},"content":{"rendered":"


\nArtist\u2019s impression of the Tampines GreenCourt BTO project. (Photo: HDB)
\nOn average, about 80 percent of people buying Build-to-Order (BTO) flats in mature estates from the Housing and Development Board (HDB) are first-timers, according to a written parliamentary reply from the Ministry of National Development on Monday (8 January).
\nIt stated this in reply to a question from Desmond Choo, Member of Parliament (MP) for Tampines Group Representation Constituency (GRC).
\nMeanwhile, Choo asked whether the Ministry will consider extending the Special Housing Grant (SHG) to first-time buyers, whose parents reside within 2km of their BTO units in mature estates.
\n\u201cThere are currently no plans to extend the SHG to the purchase of flats in the mature estates. Eligible first-timer households can continue to enjoy up to $40,000 in the Additional CPF Housing Grant (AHG) when they purchase a flat in the mature estates,\u201d responded the Ministry.
\nIt explained that the SHG is intended to assists lower- to middle-income families purchase their first dwelling. But currently, this can only be obtained by households buying four-room or smaller HDB flats in non-mature estates.
\n\u00a0
\nThis article was edited by Keshia Faculin.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Most BTO flat buyers in mature estate are first-timers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Artist\u2019s impression of the Tampines GreenCourt BTO project. (Photo: HDB) On average, about 80 percent...<\/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-76094","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-jNk","jetpack-related-posts":[{"id":107397,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-6753-flats-in-may\/","url_meta":{"origin":76094,"position":0},"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":101231,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nov-hdb-bto-launch-which-projects-are-the-most-attractive\/","url_meta":{"origin":76094,"position":1},"title":"Nov HDB BTO launch: Which projects are the most attractive?","date":"November 14, 2018","format":false,"excerpt":"\r Artist\u2019s impression of Plantation Grove in Tengah. 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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":112306,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-8170-flats-in-november-sales-exercise\/","url_meta":{"origin":76094,"position":5},"title":"HDB launches 8,170 flats in November sales exercise","date":"November 12, 2019","format":false,"excerpt":"\r This includes 4,571 BTO flats in Tengah, Ang Mo Kio and Tampines, as well as 3,599 flats under the Sale of Balance Flats scheme within mature and non-mature estates, like Bishan and Clementi. 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