HDB Increased New Flat Supply For 2012 TO 27,000
 
Date issued : 27 Sep 2012

 Today, HDB launched 7,055 flats for sale under the joint Build-to-Order (BTO) and Sale of Balance Flats (SBF) Exercises in both non-mature and mature towns. Including the 6,400 flats to be launched in Nov, the total BTO flat supply in 2012 would be 27,000 units, 2,000 units more than the 25,000 units originally planned for the year. The ramp up of HDB flat supply will further help to meet the housing demand, especially those from first-time home buyers. As demand for flats in mature estates is expected to be high, applicants are advised to apply for a BTO flat in the non-mature towns/estates for a higher chance in securing a unit.

2To provide greater flexibility to home buyers and to minimize wastage in renovations, HDB will introduce a new opt-in scheme for the sanitary fittings in bathrooms. HDB will also pilot an “open kitchen” concept for flats at Teck Ghee Parkview. Buyers will be given a choice to opt for a partition wall between the living/dining area and the kitchen to better suit their lifestyle needs.


BUMPER LAUNCH FOR SEP 2012


Seven BTO Projects Offering 3,727 Flats


3In the seven BTO projects launched today, HDB will offer 3,727 new flats in two non-mature towns/estates (Choa Chu Kang and Woodlands) and three mature towns/estates (Ang Mo Kio, Kallang Whampoa and Tampines).


4First-timers will enjoy priority flat allocation with at least 95% and 85% of the BTO flat supply (excluding Studio Apartments) set aside for them in mature towns and non-mature towns respectively. The Multi-Generation Priority Scheme (MGPS) for parents and married children to apply jointly for flats in the same BTO project will be available to those applying for flats at Cheng San Court. In addition, elderly flat owners in Ang Mo Kio and Woodlands will enjoy doubled balloting chances under the Ageing-In-Place Priority Scheme (APPS) when they apply for a Studio Apartment in Cheng San Court and Golden Saffron respectively.


5First-timer households may make use of the various housing grants to help them own a new flat. With the grants, young couples buying their first homes will be able to buy a 4-room flat from as low as $219,000 (Table 1). Details of flats offered are in Annex A1 (DOCX 1087KB).


Table 1: Sep 2012 BTO Prices
Project
Flat Type
Selling Price (excluding Grants)
Selling Price
(inclusive of Grants)
Non-Mature Towns/Estates
Keat Hong Quad
4-room
From $234,000
From $219,000
5-room
From $313,000
From $303,000
Golden Saffron
Studio Apartment
From $75,000
-
TreeTrail@Woodlands
4-room
From $248,000
From $233,000
5-room
From $308,000
From $298,000
Mature Towns/Estates
Cheng San Court
Studio Apartment
From $112,000
-
Cheng San Court / Teck Ghee Parkview
3-room
From $249,000
From $219,000
4-room
From $398,000
From $383,000
Teck Ghee Parkview
5-room
From $498,000
From $488,000
Tampines GreenLace
4-room
From $305,000
From $290,000
5-room
From $384,000
From $374,000
Tenteram Peak
3-room
From $245,000
From $215,000
4-room
From $370,000
From $355,000
Note:
Cheng San Court offers SA/3-/4-room flats whereas Teck Ghee Parkview offers 3-/4-/5-room flats.
For 3-room flats, assumed Additional CPF Housing Grant (AHG) of $30,000
For 4-room flats, assumed AHG of $15,000.
For 5-room flats, assumed AHG of $10,000.
Actual Grant amounts will vary based on income and choice of flat. Read more on various CPF Housing Grants Available
Studio Apartments are sold on 30-year lease. Prices are inclusive of the elderly-friendly fittings/finishes.
3-/4-/5-room flats are sold on 99-year lease.

SBF Exercise Offering 3,328 Flats


6In addition to the BTO Launch, HDB will offer another 3,328 balance flats in 11 non-mature and 13 mature towns/estates under the SBF Exercise. They comprise 818 Studio Apartments, 697 2-room flats, 302 3-room flats, 1,016 4-room flats, 471 5-room flats and 24 Executive flats. At least 95% of the flat supply (excluding Studio Apartments) will be set aside for first-timers.


7The flats offered under the SBF exercise have a wide range of flat types, locations and selling prices (Table 2). About 23% are already completed, with the remaining 77% under construction. Pricing details and applicable ethnic quotas of the flats offered are in Annex A2 (DOCX 71KB).


Table 2: Summary of Sep 2012 SBF Prices
Flat Type
Selling Price

(excluding Grants)

Selling Price
(inclusive of Grants)
Non-Mature Towns/Estates
Studio Apartment
From $75,000
-
2-Room
From $83,000
From $23,000
3-Room
From $151,000
From $116,000
4-Room
From $223,000
From $208,000
5-Room
From $293,000
From $283,000
Executive Flat
From $423,000
-
Mature Towns/Estates
Studio Apartment
From $88,000
-
2-Room
From $128,000
From $88,000
3-Room
From $174,000
From $144,000
4-Room
From $281,000
From $266,000
5-Room
From $378,000
From $368,000
Executive Flat
From $466,000
-
Note:

For 2-room flats, assumed Additional CPF Housing Grant (AHG) of $40,000 and Special CPF Housing Grant (SHG) of $20,000
For 3-room flats assumed AHG of $30,000 and SHG of $5,000
For 4-room flats, assumed AHG of $15,000
For 5-room flats, assumed AHG of $10,000
SHG applicable only to 2-Room and 3-Room Standard flats in the non-mature estates.
Actual Grant amounts will vary based on income and choice of flat. Read more on various CPF Housing Grants available.
Studio Apartments are sold on 30-year lease. Prices are inclusive of the elderly-friendly fittings/finishes. Existing elderly owners’ ballot chances will be doubled if they apply for an SA in the same town as their current flat under the Ageing-in-Place Priority Scheme (APPS).
Please refer to esales.hdb.gov.sg to check the lease commencement date of each block.

    Application for the Sep 2012 BTO and SBF Exercise


8Applications for new flats launched in the Sep 2012 BTO and SBF Exercises can be submitted online from today, 27 Sep 2012 (Thursday) to 3 Oct 2012 (Wednesday). Applicants can apply for only one flat type/category in one town under either the BTO or SBF Exercise.


9We will provide regular updates on the number of applications submitted for the various flat types/estates on the HDB InfoWEB. Applicants are advised to check for updates before submitting their application.


10More details on the application procedures can be found in Annex B (DOCX 28KB).



OPTIONAL COMPONENT SCHEME


11Currently, buyers of both Standard and Premium flats (excluding Studio Apartments) can opt for internal timber doors and/or flooring to be installed in their flats under the Optional Component Scheme (OCS). The cost of the optional components will be added to the selling price of the flat.


OCS for Sanitary Fittings


12To provide greater flexibility to buyers and to reduce wastage in renovations, HDB will now offer, on an opt-in basis, sanitary fittings (including the wash basin, water tap and shower mixer, but excluding the water closet) in bathrooms for BTO projects. All BTO flats offered from the Sep 2012 BTO Exercise onwards will come under this scheme.


Pilot “Open Kitchen” Concept at Teck Ghee Parkview


13HDB will pilot an “open kitchen” concept for flats at Teck Ghee Parkview, to provide greater flexibility to buyers in terms of layout and design. Buyers will be given a choice to opt for a partition wall between the living/dining area and the kitchen, to suit individual lifestyle needs (floor plan in Annex C (PDF 363KB)).



NEXT BTO LAUNCH IN NOV 2012


14In Nov 2012, HDB will offer 6,400 BTO flats in Queenstown, Bedok, Toa Payoh, Seng Kang and Choa Chu Kang. More information on the flats offered under the Nov 2012 BTO Exercise is available on the HDB InfoWEB.


15For enquiries, the public can:

      - Log on to esales.hdb.gov.sg; or
      - E-mail hdbsales@hdb.gov.sg; or
      - Visit the HDB Sales Office to speak with our Customer Service Officers during office hours (Mon to Fri 8 am to 5 pm, Saturday 8 am to 1 pm).