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6,992 flats released for sale under May’s HDB exercise

SINGAPORE — A total of 6,992 flats — comprising 3,970 Build-To-Order (BTO) units and 3,022 Sale of Balance Flats (SBF) units — have been released for sale on Tuesday (May 22) by the Housing and Development Board (HDB).

Artist impressions of BTO projects released for sale in HDB's May exercise. Clockwise from left: Casa Spring at Yishun, Tampines GreenVines, Fernvale Dew in Sengkang, and Kim Keat Beacon in Toa Payoh. Photo: HDB

Artist impressions of BTO projects released for sale in HDB's May exercise. Clockwise from left: Casa Spring at Yishun, Tampines GreenVines, Fernvale Dew in Sengkang, and Kim Keat Beacon in Toa Payoh. Photo: HDB

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SINGAPORE — A total of 6,992 flats — comprising 3,970 Build-To-Order (BTO) units and 3,022 Sale of Balance Flats (SBF) units — have been released for sale on Tuesday (May 22) by the Housing and Development Board (HDB).

The BTO flats on offer are spread across four projects — two in the non-mature towns of Sengkang (1,188 units) and Yishun (969 units), and another two in the mature towns of Toa Payoh (542 units) and Tampines (1,271 units).

A total of 969 flats are available for sale in Casa Spring @ Yishun, bounded by Yishun Street 42 and Yishun Avenue 6.  

Fernvale Dew, bounded by Sengkang West Road and Fernvale Lane, has 1,188 units available for sale.

Flat types available in non-mature estates range from two-room Flexi flats to 3Gen flats, whereas three-room to five-room units are available in the mature estates.

Taking into account the variety of housing grants available, buyers of two-room Flexi, three-room, four-room and five-room flats in non-mature towns could pay as little as S$4,000 , S$112,000, S$196,000 and S$330,000 respectively.

Those opting for mature estates will have to fork out a minimum of S$190,000 for a three-room flat, or at least S$307,000 for four-room flat

In Tampines, 1,271 units are available in Tampines GreenVines, which is bounded by Tampines Street 62, Tampines Avenue 12 and Tampines North Drive 2.

In Toa Payoh, 542 units are are available in Kim Keat Beacon, located along Kim Keat Avenue.

First-timer families will continue to enjoy priority in BTO flat allocation.

Another 3,022 balance flats are also available for sale under the SBF exercise in May, majority of which are also reserved for first-timers.

They comprise 754 units of two-room Flexi, 655 units of three-room, 1,143 units of 4-room, 305 units of 5-room, 157 units of 3Gen and eight units of Executive flats across various towns/estates.

About a third of the SBS flats (34 per cent) are already completed, with the rest still under construction.

With grants, a two-room Flexi SBS flat will range in price from S$10,000 in a non-mature town to S$104,000 in a mature estate. Executive flats will cost S$370,000 with grants in a non-mature town, and S$475,000 with grants in a mature town.

Applications for both the BTO and SBF exercises start from Tuesday, and will end next Monday (May 28). Applicants can apply for only one flat type or category in one town under either the BTO or SBF exercise.

HDB said it will offer about 4,300 flats in Punggol and Yishun in the August BTO exercise. A total of 17,000 new flats will be put up for sale this year.

CORRECTION: An earlier version of the story reported that those opting for mature estates will have to fork out a minimum of S$190,000 for a three-room flat, or up to S$407,000 for  four-room flat. This is incorrect. They will have to fork out a minimum of S$190,000 for a three-room flat, or at least S$307,000 for four-room flat. We apologise for the error.

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