HDB launches 3,497 new BTO flats

HDB launches 3,497 new BTO flats
Artist impression of Eastlace@Canberra, a two-room flat in Sembawang that costs just $10,000, with housing grants.

SINGAPORE - On Wednesday, the Housing Board launched four Build-To-Order (BTO) projects in Sembawang, Yishun and Sengkang, offering 3,497 new flats.

These comprise two-room to five-room flats and Three-Generation (3Gen) flats.

This is the second BTO launch this year, bringing the total number of flats offered for sale this year to 6,636.

First-timers will continue to enjoy priority allocation, with at least 85 per cent of four-room and five-room flats and 70 per cent of two-room and three-room of the BTO flat supply set aside for them.

Eligible first-timer singles have the option of applying for a two-room flat in EastCrown@Canberra, EastLace@Canberra and Fern Grove@Yishun.

3GEN FLATS

Married or courting couples who wish to apply for a 3Gen flat together with their parent(s) can apply for one at Anchorvale Parkview, which will offer 70 3Gen flats in this exercise.

Other multi-generation families who wish to live in the same BTO project can apply under the Multi-Generation Priority Scheme. There will be flats set aside in EastCrown@Canberra, EastLace@Canberra and Fern Grove@Yishun for this purpose.

Excluding grants, prices start from $70,000 for a two-room flat at EastLace and EastCrown; and $358,000 for a five-room flat at Anchorvale Parkview.

In May, HDB will offer about 3,060 BTO flats in Bukit Batok and Woodlands. An additional 3,000 flats will be offered in a concurrent sales of balance flats exercise.

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