HDB launches 4191 new flats across 7 BTO projects

As part of its plan to deliver 25,000 Build-to-Order (BTO) flats this year, the Housing and Development Board (HDB) has launched 4,191 new flats across seven housing estates.

The units will be spread across two non-mature towns – Choa Chu Kang and Punggol as well as the three mature estates of Bukit Merah, Geylang and Clementi.

Ranging from two- to five-bedroom units and studio apartments, the new batch of BTO projects are Keat Hong Axis, Punggol Opal, Waterway Cascadia, Clementi Gateway, Depot Heights, Telok Blangah Ridgeview, and GreenTops @ Sims Place.

Excluding studio apartments, at least 85 and 95 percent of the BTO supply in non-mature and mature towns respectively will be set aside for eligible first-time buyers who may use housing grants to improve their chances of owning a new flat.

Applications for the new BTOs will end on Monday, 6 August.

Meanwhile, HDB is expected to launch another 3,700 units in September which will be located in Ang Mo Kio, Choa Chu Kang, Kallang Whampoa, Tampines and Woodlands.

At the same time, 3,000 flats will be offered under the Sale of Balance Flats (SBF) exercise.

Source PropertyGuru – 2010 Aug 1


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