HDB launches 3,373 BTO flats for sale in Tampines, Punggol

HDB launches 3,373 BTO flats for sale in Tampines, Punggol

Thu, Sep 12, 2019


THE Housing and Development Board (HDB) launched a total of 4,089 flats for sale on Wednesday, a day after Minister for National Development Lawrence Wong announced higher grants and higher income ceilings for flat buyers.

A total of 3,373 Build-To-Order (BTO) flats in Punggol and Tampines are up for sale, and include flats ranging from two-room flexi to five-room flats.

Prices start from S$109,000 (excluding grants) for a two-room flexi flat in Punggol, and from S$312,000 (excluding grants) for a four-room flat in Tampines.

HDB noted that with the new Enhanced CPF Housing Grant which gives eligible first-timer families with a monthly income of up to S$9,000 up to S$80,000, buyers could buy a two-room flexi flat in Punggol for as little as S$29,000 after housing grants.

Also up for sale are 716 Re-Offer of Balance Flats across various towns in both mature and non-mature estates. These are unsold flats from the sales exercise last November. About 12 per cent of these are already completed, while the rest are under construction. HDB said those with more urgent housing needs or who are less particular about flat attributes may wish to apply for these flats. Applications for the flats are now open and will end on Sept 17.

In November this year, HDB will offer another 4,500 BTO flats in Ang Mo Kio, Tampines and Tengah. A further 3,000 BTO flats in Sembawang and Toa Payoh will be released in February 2020.