HDB LAUNCHES 3,898 NEW FLATS
 
Date issued : 21 Mar 2013

 HDB launched four Build-To-Order (BTO) projects today, offering 3,898 new flats in three non-mature towns, namely Bukit Batok, Punggol, and Sengkang. A wide variety of flats, including Studio Apartments (SA) and 2-/3-/4-/5-Room flats were offered. For 2013 as a whole, HDB will launch a total of 25,000 BTO flats.

MARCH 2013 BTO LAUNCH

2First-timers will continue to enjoy priority flat allocation, with at least 85% of the BTO flat supply set aside for them. Of the 85% quota, 30% of the BTO flat supply will be set aside for HDB first-timer married couples with a citizen child aged below 16 years old, under the Parenthood Priority Scheme. In addition, the Multi-Generation Priority Scheme (MGPS) is available to those applying for flats at Compassvale Cape, Compassvale Helm, and SkyPeak @ Bukit Batok. Elderly flat owners currently living in Sengkang Town will also enjoy doubled balloting chances under the Ageing-In-Place Priority Scheme (APPS) if they apply for a Studio Apartment in Compassvale Cape or Compassvale Helm.

3 Eligible first-timer households can enjoy up to $60,000 of housing grants, comprising the Additional CPF Housing Grant ($40,000) and Special CPF Housing Grant ($20,000). With these grants, 2-room and 3-room flats will be priced from as low as $57,000 and $159,000, while 4-room flats start from $269,000. This will enable young couples to buy their first home (Table 1). Details of flats offered and resale comparables can be found in Annex A (PDF 1281KB).

Table 1: Mar 2013 BTO Prices

Project
Flat Type
Selling Price (excluding Grants)
Selling Price
(inclusive of Grants)
Non-Mature Towns/Estates
Compassvale Cape (JPG 402KB)
Studio Apartment
From $88,000
-
3-room
From $189,000
From $159,000
4-room
From $284,000
From $269,000
5-room
From $365,000
From $355,000
Compassvale Helm (JPG 403KB)
Studio Apartment
From $88,000
-
4-room
From $304,000
From $289,000
5-room
From $372,000
From $362,000
Matilda Portico (JPG 450KB)
4-room
From $294,000
From $279,000
5-room
From $363,000
From $353,000
2-room
From $117,000
From $57,000
3-room
From $209,000
From $174,000
4-room
From $294,000
From $279,000
5-room
From $411,000
From $401,000
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 the various housing grants available.
Studio Apartments are sold on a 30-year lease. Prices are inclusive of the elderly-friendly fittings/finishes.
2-/3-/4-/5-room flats are sold on a 99-year lease.

APPLICATION FOR MAR 2013 BTO EXERCISE

4Flat applications can be submitted online from today, 21 Mar 2013 (Thursday) to 27 Mar 2013 (Wednesday). Applicants can apply for one flat type in one town only.

5Regular updates on the number of applications submitted for the various flat types/towns will be published on the HDB InfoWEB. Applicants are advised to check for updates before submitting their application.

6More details on application procedures can be found in Annex B (PDF 133KB).


BTO-CUM-SBF LAUNCH IN MAY 2013

7In May 2013, HDB will offer 4,850 BTO flats in Choa Chu Kang, Hougang, Jurong West, Sembawang, and Woodlands. An additional 3,000 flats will be launched in a concurrent Sales of Balance Flats (SBF) exercise. More information on the flats offered under the May 2013 BTO exercise is available on the HDB InfoWEB.

8For enquiries, the public can:

- Log on to esales.hdb.gov.sg; or
- E-mail hdbsales@hdb.gov.sg; or
- Call the HDB Customer Service Hotline at 1800-866-3066 (Mon to Fri 8 am to 5 pm); 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).