8,000 flats launched under BTO, SBF schemes

8,000 flats launched under BTO, SBF schemes

SINGAPORE - A total of 8,000 flats have been launched for sale under the joint build-to-order (BTO) and sale of balance flats (SBF) exercise.

Of these, 4,900 are BTO flats from eight projects in five non-mature towns: Choa Chu Kang, Hougang, Jurong West, Sembawang, and Woodlands.

BTO launches in May 2013

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    Estate: Sembawang Flat types: 372 units of 4- and 5-room Standard Flats.

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    Estate: Sembawang Flat types: 1,030 units of 2-, 3- and 4-room Standard Flats

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    Estate: Sembawang Flat types: 714 units of 4- and 5-room Standard Flats

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    Estate: Buangkok Green, Hougang Flat types: 292 Studio Apartments

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    This development comprises two 16-storey residential blocks.

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    Estate: Hougang Avenue 9 Flat types: 314 units of 3- and 4-room Standard Flats

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    Estate: Choa Chu Kang Avenue 1 Flat types: 682 units of 3-, 4- and 5-room Standard Flats.

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    Seven residential blocks about 13- to 14-storeys in height.

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    Estate: Jurong West Street 42 Flat types: 478 units of 2-, 3- and 4-room Standard Flats.

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    This development has three 16-storey high residential blocks.

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    Estate: Woodlands, near Gambas Avenue and Woodlands Crescent. Flat types: 1,018 units of 3-, 4- and 5-room Standard Flats

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    One other residential block within the development is set aside for rental housing.

Another 3,100 are sale of balance flats in various non-mature and mature towns.

HDB said in a release that  parents and married children can jointly apply for flats under the Multi-Generation Priority Scheme (MGPS) for BTO flats at EastBrook @ Canberra and Spring Haven @ Jurong.

In addition, 50 per cent of the SAs in Golden Mint will be set aside for eligible elderly flat applicants under the SAPS.

Under the MGPS, parents applying for an SA or 2-room flat must submit a joint application with their married child applying for a 2-room or bigger flat. They will have the opportunity of choosing flats on the same floor or elsewhere in the same project, from the pool of pre-identified flats.

Eligible first-timer households will receive up to $60,000 of housing grants, comprising the Additional CPF Housing Grant ($40,000) and Special CPF Housing Grant ($20,000).

With these grants, 2-room, 3-room and 4-room flats will be priced from $22,000, $98,000, and $208,000 respectively.

Applications for this batch of flats can be made from May 30 to June 5.

Three new housing measures announced during the 2013 Committee of Supply will also take effect.

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