HDB launches 3,739 flats in first sales exercise of 2019

Wed, Feb 13, 2019


THE Housing and Development Board (HDB) has launched 3,739 flats in its first sales exercise of the year, comprising 3,162 Build-to-Order (BTO) flats in the non-mature towns of Jurong West and Sengkang, and the mature estate of Kallang-Whampoa. Excluding grants, prices start from S$95,000 for a two-room flexi flat in Jurong West, and from S$523,000 for a four-room flat in Kallang Whampoa.

Also up for sale are 577 Re-Offer of Balance Flats (ROF), which are unselected flats from the Sale of Balance Flats exercise in May last year. They comprise 173 two-room flexi units, 166 three-room flats, 129 four-room units, 10 five-room units, 96 three-generation flats and three executive flats across various towns.

About 13 per cent of these are already completed, while the rest are under construction. Applicants can apply for a flat under either the BTO or ROF exercise, but not both. For a BTO flat, they must select only one flat type in one town. Under the ROF, they do not have to indicate their preferred flat type or town. Applications close next Monday.

This is the first tranche of 15,000 flats to be released this year. The next BTO launch will be in May, when the HDB will offer about 3,400 flats in Kallang Whampoa, Tengah and Woodlands.