Tag Archives: HDB

Flats Offered under SBF Exercise

A total of 2,132 flats are being offered under the SBF on Thursday.

Spread over 24 towns/estates, the flat supply comprises 121 units of Studio Apartments (SA), 58 units of 2-room, 345 units of 3-room, 1,184 units of 4-room, 281 units of 5-room, 32 units of Executive flats, as well as 77 and 34 units of S1 and S2 flats.

Prices start from $97,000 for SA, $111,000 for 2-room, $118,000 for 3-room, $178,000 for 4-room, $238,000 for 5-room and $324,000 for Executive flats.

Buyers looking for more affordable options can consider the flats at Jurong East and Jurong West, where prices of 2-room, 3-room, 4-room and 5-room flats range from $111,000 to $124,000; $118,000 to $227,000; $219,000 to $327,000 and $238,000 to $385,000 respectively.

At least 90 per cent of the flat supply (excluding SA) for Public Applicants will be set aside for first-timers. No additional chances will be accorded to repeatedly unsuccessful first-timers. Continue reading

HDB to launch 7,000 flats

Potential home buyers can expect 7,000 more BTO flats soon.

THE Housing Board has moved aggressively to reassure flat buyers that there is ample supply amid growing concerns of affordability of housing in Singapore.

RELATED LINKS   FLAT SUPPLY

National Development Minister Mah Bow Tan said on Thursday that the board will ramp up its supply of build-to-order (BTO) flats from 8,000 to 9,000 units this year, and will make available 2,132 flats which are completed or nearly completed across the island for sale with immediate effect.

This means more than 7,000 flats will be on sale for the next three months.

The sale of completed flats, left from earlier BTO exercises, SERS and repurchased flats, will come under a new scheme called Sale of Balance Flats (SBF).

This will now replace the existing balloting exercise, quarterly sales, and half-yearly sales exercises. Continue reading