{"id":53642,"count":279,"description":"Build-to-order (BTO), called HDB BTO, represents a unique approach to public housing in Singapore. Designed to cater to the specific needs of Singaporeans, BTO flats are a testament to the nation\u2019s commitment to providing quality housing for its citizens. Unlike resale flats, HDB BTOs are brand-new properties that buyers can customise to their liking, offering a fresh start for many families and individuals.\r\n\r\nThe BTO system allows applicants to have flexibility in the build's timing and location when they apply. The construction of the apartments will only begin when the demand for their specific contracts passes 70% and usually has a 3.5-year waiting period as these flats are, per their name, built upon order.\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h3><span style=\"font-weight: 400\">BTO 2024 - Launch Months<\/span><\/h3>\r\n<span style=\"font-weight: 400\">In 2024, HDB has ambitious plans to introduce approximately 19,600 flats across three sales launches scheduled for February, June, and October. These launches are strategically aimed at offering homebuyers a wider array of flats in diverse locations. HDB is committed to ensuring that three out of every four flats offered have four years or fewer waiting times.<\/span>\r\n\r\n<span style=\"font-weight: 400\">\r\nThis approach departs from the typical BTO launch schedule observed annually, which traditionally occurs in February, May, August, and November. However, in July 2023, HDB announced an unprecedented shift in the BTO launch timeline. Specifically, the BTO launches initially slated for August 2023 were postponed to late September or early October 2023, with the November 2023 launch rescheduled to December 2023.<\/span>\r\n\r\n<span style=\"font-weight: 400\">\r\nThis change delayed the release of the May 2023 BTO and Sale of Balance Flats (SBF) ballot outcomes, which were pushed from July to August 2023. This shift mirrors a similar deviation observed in 2020, when the May BTO projects were deferred and merged with the August 2020 BTO release.<\/span>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2><span style=\"font-weight: 400\">Upcoming BTO launches in 2025<\/span><\/h2>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Upcoming BTO launches in 2025<\/b><\/td>\r\n<td><b>BTO projects<\/b><\/td>\r\n<td><b>Available BTO flats<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">February BTO 2025<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Kallang\/Whampoa, Queenstown, Woodlands, and Yishun.<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Approximately 5,000 flats<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<h2><\/h2>\r\n<b>Subsidy recovery percentages for Plus and Prime projects \u2013 October 2024 BTO exercise<\/b>\r\n\r\n<span style=\"font-weight: 400\">Here\u2019s a breakdown of the subsidy recovery percentages for the October 2024 BTO projects:<\/span>\r\n\r\n&nbsp;\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Category<\/b><\/td>\r\n<td><b>Project<\/b><\/td>\r\n<td><b>Subsidy recovery percentage<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Plus<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Central Trio @ Ang Mo Kio<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">6%<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><\/td>\r\n<td><span style=\"font-weight: 400\">Kembangan Wave, Bayshore Vista<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">7%<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><\/td>\r\n<td><span style=\"font-weight: 400\">Bayshore Palms, Merpati Alcove<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">8%<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><\/td>\r\n<td><span style=\"font-weight: 400\">Kallang View, Towner Breeze<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">8%<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Prime<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Crawford Heights<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">9%<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<h2><\/h2>\r\n<h2><b>Ang Mo Kio HDB BTO October 2024<\/b><\/h2>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Project Name<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Central Trio @ AMK<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>BTO Classification<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Plus<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Location<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Ang Mo Kio<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Description<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">422 units of 2-room Flexi and 4-room flats, located between Yio Chu Kang and Ang Mo Kio MRT stations. Close proximity to reputable schools and Bishan-Ang Mo Kio Park.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Nearest MRT Station<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Yio Chu Kang MRT, Ang Mo Kio MRT<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Flat Types and Prices<\/b><\/td>\r\n<td><b>2-room Flexi<\/b><span style=\"font-weight: 400\">: From S$187,000 (Excl. grants) \/ From S$67,000 (Incl. grants)<\/span>\r\n\r\n<b>4-room<\/b><span style=\"font-weight: 400\">: From S$481,000 \/ From S$426,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Transacted Prices of Nearby Resale Flats<\/b><\/td>\r\n<td><b>S$740,000 \u2013 S$915,888<\/b><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2><b>Bedok HDB BTO October 2024<\/b><\/h2>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Project Details<\/b><\/td>\r\n<td><b>Information<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Project Name<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Bayshore Vista, Bayshore Palms, Kembangan Wave<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>BTO Classification<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Plus<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Location<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Bedok (Bayshore Walk, Bayshore Drive, Kembangan)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Description<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">1,444 units across three projects: Bayshore Vista (734 units), Bayshore Palms (710 units), Kembangan Wave (348 units). Mix of 2-room Flexi, 3-room, and 4-room flats. Projects are well-connected to Bayshore MRT and Kembangan MRT, offering scenic views and convenient access to amenities.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Nearest MRT Station<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Bayshore MRT (for Bayshore Vista and Bayshore Palms), Kembangan MRT (for Kembangan Wave)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Flat Types and Prices<\/b><\/td>\r\n<td><b>2-room Flexi<\/b><span style=\"font-weight: 400\">: From S$190,000 (Excl. grants) \/ From S$70,000 (Incl. grants)<\/span>\r\n\r\n<b>3-room<\/b><span style=\"font-weight: 400\">: From S$369,000 \/ From S$279,000<\/span>\r\n\r\n<b>4-room<\/b><span style=\"font-weight: 400\">: From S$453,000 \/ From S$398,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Transacted Prices of Nearby Resale Flats<\/b><\/td>\r\n<td><b>2-room Flexi<\/b><span style=\"font-weight: 400\">: \u2013<\/span>\r\n\r\n<b>3-room<\/b><span style=\"font-weight: 400\">: S$605,000 \u2013 S$663,000<\/span>\r\n\r\n<b>4-room<\/b><span style=\"font-weight: 400\">: S$728,000 \u2013 S$930,000<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2><b>Bukit Batok HDB BTO October 2024<\/b><\/h2>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Project Details<\/b><\/td>\r\n<td><b>Information<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Project Name<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">WestBrickVille @ Bukit Batok<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>BTO Classification<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Standard<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Location<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Bukit Batok<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Description<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">689 units of 2-room Flexi, 3-room, 4-room, 5-room, and 3Gen flats. Approximately 15-minute walk from Tengah Park MRT. Known for nearby green spaces like Little Guilin and Bukit Batok Nature Park. Enhanced connectivity with the upcoming Jurong Region Line.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Nearest MRT Station<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Tengah Park MRT<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Flat Types and Prices<\/b><\/td>\r\n<td><b>2-room Flexi<\/b><span style=\"font-weight: 400\">: From S$140,000 (Excl. grants) \/ From S$20,000 (Incl. grants)<\/span>\r\n\r\n<b>3-room<\/b><span style=\"font-weight: 400\">: From S$247,000 \/ From S$142,000<\/span>\r\n\r\n<b>4-room<\/b><span style=\"font-weight: 400\">: From S$335,000 \/ From S$255,000<\/span>\r\n\r\n<b>5-room<\/b><span style=\"font-weight: 400\">: From S$496,000 \/ From S$441,000<\/span>\r\n\r\n<b>3Gen<\/b><span style=\"font-weight: 400\">: From S$529,000 \/ From S$474,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Transacted Prices of Nearby Resale Flats<\/b><\/td>\r\n<td><b>2-room Flexi<\/b><span style=\"font-weight: 400\">: S$303,000 \u2013 S$380,000<\/span>\r\n\r\n<b>3-room<\/b><span style=\"font-weight: 400\">: S$450,000 \u2013 S$488,000<\/span>\r\n\r\n<b>4-room<\/b><span style=\"font-weight: 400\">: S$555,000 \u2013 S$648,888<\/span>\r\n\r\n<b>5-room<\/b><span style=\"font-weight: 400\">: S$630,000 \u2013 S$828,888<\/span>\r\n\r\n<b>3Gen<\/b><span style=\"font-weight: 400\">: \u2013<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2><b>Geylang HDB BTO October 2024 (Community Care Apartments)<\/b><\/h2>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Project Details<\/b><\/td>\r\n<td><b>Information<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Project Name<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Merpati Alcove<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>BTO Classification<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Plus<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Location<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Geylang<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Description<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">433 units of Community Care Apartments (CCA) and 4-room flats. Located near Mattar and MacPherson MRT stations. Geylang is known for its cultural heritage and food scene. Ideal for community care living with fast access to the CBD.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Nearest MRT Station<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Mattar MRT station, MacPherson MRT station<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Flat Types and Prices<\/b><\/td>\r\n<td><b>CCA+ (30-year Lease)<\/b><span style=\"font-weight: 400\">: From S$102,000 (Excl. grants) \/ From S$6,000 (Incl. grants)*<\/span>\r\n\r\n<b>4-room<\/b><span style=\"font-weight: 400\">: From S$530,000 \/ From S$475,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Transacted Prices of Nearby Resale Flats<\/b><\/td>\r\n<td><b>4-room<\/b><span style=\"font-weight: 400\">: S$878,000 \u2013 S$1,080,000<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2><b>Jurong West HDB BTO October 2024<\/b><\/h2>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Project Details<\/b><\/td>\r\n<td><b>Information<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Project Name<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Taman Jurong Skyline<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>BTO Classification<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Standard<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Location<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Jurong West<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Description<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Largest project in the October 2024 BTO launch with 1,844 units. Offers 2-room Flexi, 3-room, 4-room, 5-room, and 3-Gen flats. Close to Jurong Lake Gardens and future Jurong Region Line stations. Includes amenities like Jurong Point shopping centre.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Nearest MRT Station<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Lakeside MRT station, Chinese Garden MRT station<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Flat Types and Prices<\/b><\/td>\r\n<td><b>2-room Flexi<\/b><span style=\"font-weight: 400\">: From S$109,000 (Excl. grants) \/ From S$6,000 (Incl. grants)*<\/span>\r\n\r\n<b>3-room<\/b><span style=\"font-weight: 400\">: From S$209,000 \/ From S$104,000<\/span>\r\n\r\n<b>4-room<\/b><span style=\"font-weight: 400\">: From S$290,000 \/ From S$210,000<\/span>\r\n\r\n<b>5-room<\/b><span style=\"font-weight: 400\">: From S$427,000 \/ From S$372,000<\/span>\r\n\r\n<b>3Gen<\/b><span style=\"font-weight: 400\">: From S$465,000 \/ From S$410,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Transacted Prices of Nearby Resale Flats<\/b><\/td>\r\n<td><b>2-room Flexi<\/b><span style=\"font-weight: 400\">: S$305,000 \u2013 S$355,000<\/span>\r\n\r\n<b>3-room<\/b><span style=\"font-weight: 400\">: S$450,000 \u2013 S$480,000<\/span>\r\n\r\n<b>4-room<\/b><span style=\"font-weight: 400\">: S$563,000 \u2013 S$680,000<\/span>\r\n\r\n<b>5-room<\/b><span style=\"font-weight: 400\">: S$680,000 \u2013 S$712,888<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2><b>Kallang\/Whampoa HDB BTO October 2024<\/b><\/h2>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Project Details<\/b><\/td>\r\n<td><b>Information<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Project Name<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Towner Breeze, Crawford Heights, Kallang View<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>BTO Classification<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Prime (Crawford Heights), Plus (Towner Breeze, Kallang View)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Location<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Kallang\/Whampoa<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Description<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Kallang\/Whampoa offers three distinct projects in the October 2024 BTO launch, each in prime or plus locations with easy access to MRT stations.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Nearest MRT Station<\/b><\/td>\r\n<td><b>Towner Breeze<\/b><span style=\"font-weight: 400\">: Boon Keng MRT station (11-minute walk)<\/span>\r\n\r\n<b>Crawford Heights<\/b><span style=\"font-weight: 400\">: Lavender MRT station (5-minute walk)<\/span>\r\n\r\n<b>Kallang View<\/b><span style=\"font-weight: 400\">: Kallang MRT station (8-minute walk)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Flat Types and Prices<\/b><\/td>\r\n<td><b>Towner Breeze<\/b><span style=\"font-weight: 400\"> (May Road):<\/span>\r\n\r\n<b>2-room Flexi<\/b><span style=\"font-weight: 400\">: From S$216,000 (Excl. grants) \/ From S$96,000 (Incl. grants)<\/span>\r\n\r\n<b>3-room<\/b><span style=\"font-weight: 400\">: From S$388,000 \/ From S$298,000<\/span>\r\n\r\n<b>4-room<\/b><span style=\"font-weight: 400\">: From S$522,000 \/ From S$467,000<\/span>\r\n\r\n<b>Crawford Heights<\/b><span style=\"font-weight: 400\"> (North Bridge Road\/Crawford Road):<\/span>\r\n\r\n<b>3-room<\/b><span style=\"font-weight: 400\">: From S$390,000 \/ From S$300,000<\/span>\r\n\r\n<b>4-room<\/b><span style=\"font-weight: 400\">: From S$568,000 \/ From S$513,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Transacted Prices of Nearby Resale Flats<\/b><\/td>\r\n<td><b>Towner Breeze<\/b><span style=\"font-weight: 400\">:<\/span>\r\n\r\n<b>3-room<\/b><span style=\"font-weight: 400\">: S$780,000 \u2013 S$820,000<\/span>\r\n\r\n<b>4-room<\/b><span style=\"font-weight: 400\">: S$868,000 \u2013 S$1,200,000<\/span>\r\n\r\n<b>Crawford Heights<\/b><span style=\"font-weight: 400\">:<\/span>\r\n\r\n<b>4-room<\/b><span style=\"font-weight: 400\">: S$890,000 \u2013 S$938,000<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<h2><b>Pasir Ris HDB BTO October 2024<\/b><\/h2>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Project Details<\/b><\/td>\r\n<td><b>Information<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Project Name<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Costa Riviera I &amp; II<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>BTO Classification<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Standard<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Location<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Pasir Ris<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Description<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Pasir Ris will feature 767 units across two blocks in the October 2024 BTO launch. Costa Riviera II will have 491 units, while Costa Riviera I will offer 276 units. With its proximity to Pasir Ris MRT and nature amenities like Pasir Ris Park, this project is ideal for families.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Nearest MRT Station<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Pasir Ris MRT station<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Nearest Schools<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Casuarina Primary School, Coral Primary School, Elias Park Primary School, Hai Sing Catholic School, Meridian Primary\/Secondary School, Pasir Ris Crest Secondary School, Pasir Ris Primary School, Park View Primary School<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Flat Types and Prices<\/b><\/td>\r\n<td><b>Costa Riviera I &amp; II<\/b><span style=\"font-weight: 400\">:<\/span>\r\n\r\n<b>2-room Flexi<\/b><span style=\"font-weight: 400\">: From S$194,000 (Excl. grants) \/ From S$74,000 (Incl. grants)<\/span>\r\n\r\n<b>3-room<\/b><span style=\"font-weight: 400\">: From S$329,000 \/ From S$224,000<\/span>\r\n\r\n<b>4-room<\/b><span style=\"font-weight: 400\">: From S$481,000 \/ From S$401,000<\/span>\r\n\r\n<b>5-room<\/b><span style=\"font-weight: 400\">: From S$635,000 \/ From S$580,000<\/span>\r\n\r\n<b>3Gen<\/b><span style=\"font-weight: 400\">: From S$644,000 \/ From S$589,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Transacted Prices of Nearby Resale Flats<\/b><\/td>\r\n<td><b>2-room Flexi<\/b><span style=\"font-weight: 400\">: S$388,000 \u2013 S$430,000<\/span>\r\n\r\n<b>3-room<\/b><span style=\"font-weight: 400\">: S$525,000 \u2013 S$540,888<\/span>\r\n\r\n<b>4-room<\/b><span style=\"font-weight: 400\">: S$612,000 \u2013 S$745,000<\/span>\r\n\r\n<b>5-room<\/b><span style=\"font-weight: 400\">: S$825,000 \u2013 S$843,000<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2><b>Sengkang HDB BTO October 2024<\/b><\/h2>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Project Details<\/b><\/td>\r\n<td><b>Information<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Project Name<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Fernvale Sails and Fernvale Oasis<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>BTO Classification<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Standard<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Location<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Sengkang<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Description<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Sengkang will feature two family-centric projects in the October 2024 BTO launch, with a total of 1,396 units. Both projects, Fernvale Sails and Fernvale Oasis, are strategically located near amenities like Sengkang Riverside Park and Compass One Mall, making them ideal for families.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Nearest MRT Station<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Fernvale Sails: Layar LRT station<\/span>\r\n\r\n<span style=\"font-weight: 400\">Fernvale Oasis: Thanggum LRT station, Kupang LRT station<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Nearest Schools<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Fern Green Primary School, Fernvale Primary School, Pei Hwa Secondary School, Sengkang Green Primary School, Springdale Primary School<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Flat Types and Prices<\/b><\/td>\r\n<td><b>Fernvale Oasis, Fernvale Sails<\/b><span style=\"font-weight: 400\">:<\/span>\r\n\r\n<b>2-room Flexi<\/b><span style=\"font-weight: 400\">: From S$126,000 (Excl. grants) \/ From S$7,000 (Incl. grants)<\/span>\r\n\r\n<b>3-room<\/b><span style=\"font-weight: 400\">: From S$277,000 \/ From S$172,000<\/span>\r\n\r\n<b>4-room<\/b><span style=\"font-weight: 400\">: From S$324,000 \/ From S$244,000<\/span>\r\n\r\n<b>5-room<\/b><span style=\"font-weight: 400\">: From S$465,000 \/ From S$410,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Transacted Prices of Nearby Resale Flats<\/b><\/td>\r\n<td><b>3-room<\/b><span style=\"font-weight: 400\">: S$440,000 \u2013 S$515,000<\/span>\r\n\r\n<b>4-room<\/b><span style=\"font-weight: 400\">: S$526,000 \u2013 S$668,000<\/span>\r\n\r\n<b>5-room<\/b><span style=\"font-weight: 400\">: S$640,000 \u2013 S$790,000<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2><b>Woodlands HDB BTO October 2024<\/b><\/h2>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Project Details<\/b><\/td>\r\n<td><b>Information<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Project Name<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Marsiling Ridge<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>BTO Classification<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Standard<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Location<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Woodlands<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Description<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">The October 2024 BTO project in Woodlands, Marsiling Ridge, offers 292 units across 4-room and 5-room flats. Its prime location near Marsiling MRT station and the upcoming North-South Corridor enhances connectivity. Close proximity to the Woodlands Regional Center and Admiralty Park makes this project attractive for residents seeking a balance between suburban living and urban conveniences.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Nearest MRT Station<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Marsiling MRT station<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Nearest Schools<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Fuchun Primary School, Fuchun Secondary School, Marsiling Primary School, Marsiling Secondary School, Singapore American School, Si Ling Primary School, Woodlands Secondary School<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Flat Types and Prices<\/b><\/td>\r\n<td><b>Marsiling Ridge<\/b><span style=\"font-weight: 400\">:<\/span>\r\n\r\n<b>4-room<\/b><span style=\"font-weight: 400\">: From S$329,000 (Excl. grants) \/ From S$249,000 (Incl. grants)<\/span>\r\n\r\n<b>5-room<\/b><span style=\"font-weight: 400\">: From S$488,000 \/ From S$433,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Transacted Prices of Nearby Resale Flats<\/b><\/td>\r\n<td><b>4-room<\/b><span style=\"font-weight: 400\">: S$560,000 \u2013 S$696,000<\/span>\r\n\r\n<b>5-room<\/b><span style=\"font-weight: 400\">: S$680,000 \u2013 S$826,000<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2><b>June 2024 Kallang\/Whampoa BTO launch<\/b><\/h2>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Project name<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Tanjong Rhu Riverfront I &amp; II<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Nearest MRT station<\/span><\/td>\r\n<td><a href=\"https:\/\/www.99.co\/singapore\/sale\/mrts\/tanjong-rhu\"><span style=\"font-weight: 400\">Tanjong Rhu MRT <\/span><\/a><span style=\"font-weight: 400\">(10-minute walk away) and <\/span><a href=\"https:\/\/www.99.co\/singapore\/sale\/mrts\/katong-park\"><span style=\"font-weight: 400\">Katong Park MRT <\/span><\/a><span style=\"font-weight: 400\">(8-minute walk away) opening on 23 June 2024.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Nearest schools<\/span><\/td>\r\n<td>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Dunman High School<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Geylang Methodist School<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Kong Hwa School<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Tanjong Katong Primary School<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">EtonHouse Pre-School<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Chung Cheng High School<\/span><\/li>\r\n<\/ul>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Types of units available<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">First plot (1,400 units)<\/span>\r\n\r\n<span style=\"font-weight: 400\">2-room flex (390 units)<\/span><span style=\"font-weight: 400\">\r\n<\/span><span style=\"font-weight: 400\">3-room: (110 units)<\/span><span style=\"font-weight: 400\">\r\n<\/span><span style=\"font-weight: 400\">4-room: (900 units)<\/span><span style=\"font-weight: 400\">\r\n<\/span><span style=\"font-weight: 400\">\r\n<\/span><span style=\"font-weight: 400\">Second plot (620 units)<\/span><span style=\"font-weight: 400\">\r\n<\/span><span style=\"font-weight: 400\">2-room flexi (170 units)<\/span><span style=\"font-weight: 400\">\r\n<\/span><span style=\"font-weight: 400\">3-room (70 units)<\/span><span style=\"font-weight: 400\">\r\n<\/span><span style=\"font-weight: 400\">4-room (380 units)<\/span><span style=\"font-weight: 400\">\r\n<\/span><span style=\"font-weight: 400\">\r\n<\/span><span style=\"font-weight: 400\">Total: 2,020 flats<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2><b>June 2024 Queenstown BTO launch<\/b><\/h2>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Project name<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Holland Vista<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Nearest MRT station<\/span><\/td>\r\n<td><a href=\"https:\/\/www.99.co\/singapore\/sale\/mrts\/holland-village\"><span style=\"font-weight: 400\">Holland Village MRT Station<\/span><\/a><span style=\"font-weight: 400\"> (9-minute walk away)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Nearest schools<\/span><\/td>\r\n<td>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Anglo-Chinese School (International)<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Fairfield Methodist School (Primary)<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Fairfield Methodist School (Secondary)<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">\u00a0Henry Park Primary School<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Anglo-Chinese School (Independent)<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">New Town Primary School<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Nanyang Primary School<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Queensway Secondary School<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Anglo-Chinese Junior College<\/span><\/li>\r\n<\/ul>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Types of units available<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">2-room Flexi (110 units)<\/span>\r\n\r\n<span style=\"font-weight: 400\">4-room (220 units)<\/span>\r\n\r\n<span style=\"font-weight: 400\">Total: 330 flats<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2><b>June 2024 Woodlands BTO launch<\/b><\/h2>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Project name<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Marsiling Peak I &amp; II<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Nearest MRT station<\/span><\/td>\r\n<td><a href=\"https:\/\/www.99.co\/singapore\/sale\/mrts\/woodlands-north\"><span style=\"font-weight: 400\">Woodlands North MRT<\/span><\/a><span style=\"font-weight: 400\"> and <\/span><a href=\"https:\/\/www.99.co\/singapore\/sale\/condos-apartments\/woodlands-mrt\"><span style=\"font-weight: 400\">Woodlands MRT<\/span><\/a><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Nearest schools<\/span><\/td>\r\n<td>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Woodlands Secondary School<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Marsiling Secondary School<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Marsiling Primary School<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Qihua Primary School<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Si Ling Primary School<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Riverside Secondary School<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Republic Polytechnic<\/span><\/li>\r\n<\/ul>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Types of units available<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">2-room flexi (600 units)<\/span>\r\n\r\n<span style=\"font-weight: 400\">3-room (180 units)<\/span>\r\n\r\n<span style=\"font-weight: 400\">4-room (420 units)<\/span>\r\n\r\n<span style=\"font-weight: 400\">5-room (360 units)<\/span>\r\n\r\n<span style=\"font-weight: 400\">3Gen (30 units)<\/span>\r\n\r\n<span style=\"font-weight: 400\">Total: 1,590 flats<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2><b>June 2024 Yishun BTO launch<\/b><\/h2>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Project name<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Chencharu Hills<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Nearest MRT station<\/span><\/td>\r\n<td><a href=\"https:\/\/www.99.co\/singapore\/sale\/mrts\/khatib\"><span style=\"font-weight: 400\">Khatib MRT Station<\/span><\/a><span style=\"font-weight: 400\"> (15-minute walk away)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Nearest schools<\/span><\/td>\r\n<td>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Peiying Primary School<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Ahmad Ibrahim Primary School<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Jiemin Primary School<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Naval Base Primary School<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Northland Primary School<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Yishun Innova Junior College<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Yishun Secondary School<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Chung Cheng High School (Yishun)<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Orchid Park Secondary School<\/span><\/li>\r\n<\/ul>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Types of units available<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">2-room flexi (380 units)<\/span>\r\n\r\n<span style=\"font-weight: 400\">3-room (80 units)<\/span>\r\n\r\n<span style=\"font-weight: 400\">4-room (420 units)<\/span>\r\n\r\n<span style=\"font-weight: 400\">5-room (390 units)<\/span>\r\n\r\n<span style=\"font-weight: 400\">Total: 1,270 flats<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2><b>June 2024 Jurong East BTO launch<\/b><\/h2>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Project name<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Teban Breeze<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Nearest MRT station<\/span><\/td>\r\n<td><a href=\"https:\/\/www.99.co\/singapore\/sale\/mrts\/pandan-reservoir\"><span style=\"font-weight: 400\">Pandan Reservoir MRT station<\/span><\/a><span style=\"font-weight: 400\"> (opening in 2028)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Nearest schools<\/span><\/td>\r\n<td>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Pandan Primary School<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Commonwealth Secondary School<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Community Secondary School<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Fuhua Primary School<\/span><\/li>\r\n<\/ul>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Types of units available<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">2-room flexi flats (290 units)<\/span>\r\n\r\n<span style=\"font-weight: 400\">3-room flats (110 units)<\/span>\r\n\r\n<span style=\"font-weight: 400\">4-room flats (440 units)<\/span>\r\n\r\n<span style=\"font-weight: 400\">5-room flats (230 units)Total: 1,070 flats<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2><b>June 2024 Tampines BTO launch<\/b><\/h2>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Project name<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Tampines GreenTopaz<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Nearest MRT station<\/span><\/td>\r\n<td><a href=\"https:\/\/www.99.co\/singapore\/sale\/mrts\/tampines-west\"><span style=\"font-weight: 400\">Tampines West MRT Station<\/span><\/a><span style=\"font-weight: 400\"> (3-minute walk away)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Nearest schools<\/span><\/td>\r\n<td>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Tampines Secondary School<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">\u00a0St Hilda\u2019s Secondary School<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">\u00a0Springfield Secondary School<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Temasek Polytechnic<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Junyuan Primary School<\/span><\/li>\r\n<\/ul>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Types of units available<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">2-room flexi (170 units)<\/span>\r\n\r\n<span style=\"font-weight: 400\">4-room (210 units)<\/span>\r\n\r\n<span style=\"font-weight: 400\">5-room (170 units)Total: 550 flats<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<h2><\/h2>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2><span style=\"font-weight: 400\">February 2024 Tanglin Halt BTO launch<\/span><\/h2>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Project Name<\/b><\/td>\r\n<td><b>Tanglin Halt Courtyard<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Location<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Tanglin Halt<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Description<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Tanglin Halt is hosting an integrated development featuring approximately 251 two-room flexi and four-room flats. This is the second BTO project in Tanglin Halt, part of a larger plan to construct up to 5,500 flats over the next decade.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Features<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">The integrated development includes HDB flats, shops, a hawker centre, a market, and the relocation of Queenstown Polyclinic.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Demand<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Property analysts anticipate significant demand due to its prime location and proximity to amenities.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Housing Model<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Prime Location Housing (PLH) is a model subject to a 10-year Minimum Occupation Period (MOP) and specific HDB regulations unique to PLH projects.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Nearest MRT Station<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Commonwealth MRT<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Flat Types and Prices<\/b><\/td>\r\n<td><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">2-room Flexi<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Starting from S$235,000 (Excluding grants), Starting from S$155,000 (Including grants)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">4-room<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Starting from S$565,000 (Excluding grants), Starting from S$520,000 (Including grants)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Transacted prices of nearby resale flats for 4-room<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">S$848,888\u2014S$1,000,000<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2><span style=\"font-weight: 400\">February 2024 Bedok BTO launch<\/span><\/h2>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Project Name:<\/b><\/td>\r\n<td><b>Bedok South Bloom, Bedok North Springs<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Location<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Bedok<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Description<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Bedok introduces two projects offering 961 two-room flexi, four-room, and five-room flats, providing diverse options for potential homeowners.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Nearest MRT Station<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Bedok and Tanah Merah MRT stations<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Flat Types and Prices<\/b><\/td>\r\n<td><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">2-room Flexi<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">From S$155,000 (Excluding grants), From S$75,000 (Including grants)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">4-room<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">From S$451,000 (Excluding grants), From S$406,000 (Including grants)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">5-room<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">From S$605,000 (Excluding grants), From S$575,000 (Including grants)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Transacted Prices of Nearby Resale Flats<\/b><\/td>\r\n<td><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">4-room<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">S$690,000 \u2013 S$858,888<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">5-room<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">S$870,000 \u2013 S$970,000<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2><span style=\"font-weight: 400\">February 2024 Punggol BTO launch<\/span><\/h2>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Project Name:<\/b><\/td>\r\n<td><b>Matilda Riverside<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Location<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Punggol<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Description<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Punggol introduces a 962-unit project in Sumang Lane, offering two-room flexi, three-, four-, and five-room flats with diverse choices for residents.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Nearest MRT Station<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Punggol MRT station (approximately a 25-minute walk away)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Flat Types and Prices<\/b><\/td>\r\n<td><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">2-room Flexi<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">From S$131,000 (Excluding grants), From S$51,000 (Including grants)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">3-room<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">From S$242,000 (Excluding grants), From S$167,000 (Including grants)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">4-room<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">From S$318,000 (Excluding grants), From S$258,000 (Including grants)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">5-room<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">From S$464,000 (Excluding grants), From S$419,000 (Including grants)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Transacted Prices of Nearby Resale Flats<\/b><\/td>\r\n<td><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">2-room Flexi<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">S$325,000 \u2013 S$360,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">3-room<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">S$425,000 \u2013 S$455,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">4-room<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">S$530,000 \u2013 S$605,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">5-room<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">S$650,000 \u2013 S$745,000<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2><span style=\"font-weight: 400\">February 2024 Woodlands BTO launch<\/span><\/h2>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Project Name:<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Woodgrove Edge<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Location<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Woodlands<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Description<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Woodlands introduces a massive 1,127-unit project along Woodgrove Avenue and Rosewood Drive, offering two-room flexi, three-, four-, and five-room flats.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Nearest MRT Station<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Woodlands South MRT Station<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Flat Types and Prices<\/b><\/td>\r\n<td><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">2-room Flexi<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">From S$119,000 (Excluding grants), From S$39,000 (Including grants)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">3-room<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">From S$223,000 (Excluding grants), From S$148,000 (Including grants)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">4-room<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">From S$303,000 (Excluding grants), From S$243,000 (Including grants)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">5-room<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">From S$412,000 (Excluding grants), From S$367,000 (Including grants)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Transacted Prices of Nearby Resale Flats<\/b><\/td>\r\n<td><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">2-room Flexi<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">S$320,000 \u2013 S$348,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">3-room<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">S$415,000 \u2013 S$470,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">4-room<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">S$520,000 \u2013 S$615,888<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">5-room<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">S$620,000 \u2013 S$718,000<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2><span style=\"font-weight: 400\">February 2024 Choa Chu Kang BTO launch<\/span><\/h2>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Project Name:<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Rail Garden @ CCK<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Location<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Choa Chu Kang<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Description<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Choa Chu Kang presents a project comprising 465 two-, three-, and four-room flexi, three-, and four-room flats situated along the Pang Sua Canal. This marks the culmination of the housing estate development on the site of Pang Sua Woodland.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Nearest MRT Station<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Bukit Panjang MRT station<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Flat Types and Prices<\/b><\/td>\r\n<td><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">2-room Flexi<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">From S$102,000 (Excluding grants), From S$22,000 (Including grants)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">3-room<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">From S$202,000 (Excluding grants), From S$127,000 (Including grants)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">4-room<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">From S$300,000 (Excluding grants), From S$240,000 (Including grants)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Transacted Prices of Nearby Resale Flats<\/b><\/td>\r\n<td><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">2-room Flexi<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">S$283,000 \u2013 S$325,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">3-room<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">S$402,500 \u2013 S$417,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">4-room<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">S$515,000 \u2013 S$615,000<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2><span style=\"font-weight: 400\">February 2024 Hougang BTO launch<\/span><\/h2>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Project Name:<\/b><\/td>\r\n<td><b>Tanjong Tree Residences @ Hougang<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Location<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Hougang<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Description<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Hougang introduces a project offering approximately 360 two-room flexi, three-, and four-room flats along Hougang Street 13.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Nearest MRT Station<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Bartley MRT station<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Flat Types and Prices<\/b><\/td>\r\n<td><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">2-room Flexi<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">From S$136,000 (Excluding grants), From S$56,000 (Including grants)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">3-room<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">From S$247,000 (Excluding grants), From S$172,000 (Including grants)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">4-room<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">From S$371,000 (Excluding grants), From S$311,000 (Including grants)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Transacted Prices of Nearby Resale Flats<\/b><\/td>\r\n<td><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">3-room<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">S$408,000 \u2013 S$438,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">4-room<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">S$530,000 \u2013 S$654,888<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h3><span style=\"font-weight: 400\">BTO locations<\/span><\/h3>\r\n<span style=\"font-weight: 400\">The locations of BTOs differ with each launch, usually spanning four to five estates.<\/span>\r\n\r\n<span style=\"font-weight: 400\">To illustrate, the <\/span><a href=\"https:\/\/www.99.co\/singapore\/insider\/november-2022-hdb-bto-overview\/\"><span style=\"font-weight: 400\">BTO launch in November 2022<\/span><\/a><span style=\"font-weight: 400\"> featured projects in five estates, whereas the one in February 2023 covered four estates. The <\/span><a href=\"https:\/\/www.99.co\/singapore\/insider\/december-2023-bto\/\"><span style=\"font-weight: 400\">December 2023 BTO<\/span><\/a><span style=\"font-weight: 400\">, originally slated for November 2023, will introduce flats in seven HDB estates.<\/span>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h3><span style=\"font-weight: 400\">BTO 2024\u00a0 flat types<\/span><\/h3>\r\n<span style=\"font-weight: 400\">Flat types vary across projects in different estates. For instance, those with bigger families seeking a roomy <\/span><a href=\"https:\/\/www.99.co\/singapore\/sale\/hdb?bathrooms=any&amp;composite_floor_level=any&amp;composite_furnishing=any&amp;composite_views=any&amp;features_and_amenities=any&amp;has_floor_plan=false&amp;main_category=hdb&amp;page_num=1&amp;page_size=35&amp;path=%2Fsingapore%2Fsale%2Fhdb&amp;period_of_availability=any&amp;property_segments=residential&amp;query_coords=1.3039947%2C103.8298507&amp;query_limit=radius&amp;query_type=city&amp;rooms=5&amp;show_cluster_preview=true&amp;show_description=true&amp;show_internal_linking=true&amp;show_meta_description=true&amp;show_nearby=true&amp;slug=hdb\"><span style=\"font-weight: 400\">5-room BTO flat<\/span><\/a><span style=\"font-weight: 400\"> might find that not every project provides this option. Similarly, those aiming for a compact and budget-friendly <\/span><a href=\"https:\/\/www.99.co\/singapore\/sale\/hdb?bathrooms=any&amp;composite_floor_level=any&amp;composite_furnishing=any&amp;composite_views=any&amp;features_and_amenities=any&amp;has_floor_plan=false&amp;main_category=hdb&amp;page_num=1&amp;page_size=35&amp;path=%2Fsingapore%2Fsale%2Fhdb&amp;period_of_availability=any&amp;property_segments=residential&amp;query_coords=1.3039947%2C103.8298507&amp;query_limit=radius&amp;query_type=city&amp;rooms=3&amp;show_cluster_preview=true&amp;show_description=true&amp;show_internal_linking=true&amp;show_meta_description=true&amp;show_nearby=true&amp;slug=hdb\"><span style=\"font-weight: 400\">3-room BTO flat<\/span><\/a><span style=\"font-weight: 400\"> might discover that certain mature estates do not include it in their offerings. The <\/span><a href=\"https:\/\/www.99.co\/singapore\/sale\/hdb?bathrooms=any&amp;composite_floor_level=any&amp;composite_furnishing=any&amp;composite_views=any&amp;features_and_amenities=any&amp;has_floor_plan=false&amp;main_category=hdb&amp;page_num=1&amp;page_size=35&amp;path=%2Fsingapore%2Fsale%2Fhdb&amp;period_of_availability=any&amp;property_segments=residential&amp;query_coords=1.3039947%2C103.8298507&amp;query_limit=radius&amp;query_type=city&amp;rooms=4&amp;show_cluster_preview=true&amp;show_description=true&amp;show_internal_linking=true&amp;show_meta_description=true&amp;show_nearby=true&amp;slug=hdb\"><span style=\"font-weight: 400\">4-room BTO flat<\/span><\/a><span style=\"font-weight: 400\"> stands out as the most prevalent and sought-after type.<\/span>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2><span style=\"font-weight: 400\">HDB Ethnic Integration Policy (EIP)<\/span><\/h2>\r\n<span style=\"font-weight: 400\">HDB enforces the <\/span><a href=\"https:\/\/www.99.co\/singapore\/insider\/property-jargon-of-the-day-ethnic-integration-policy-eip\/\"><span style=\"font-weight: 400\">Ethnic Integration Policy (EIP)<\/span><\/a><span style=\"font-weight: 400\"> to maintain a balanced distribution of households from various ethnic backgrounds. While the quota is updated on the first day of each month, it can be approximated as 85% for Chinese, 22% for Malay, and 13% for Indian and Other Households.<\/span>\r\n\r\n<span style=\"font-weight: 400\">You can determine your eligibility for a specific block, applicants can use this <\/span><a href=\"https:\/\/services2.hdb.gov.sg\/webapp\/BB29ETHN\/BB29STREET\"><span style=\"font-weight: 400\">link<\/span><\/a><span style=\"font-weight: 400\">.<\/span>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2><span style=\"font-weight: 400\">Prime Location Public Housing (PLH) model<\/span><\/h2>\r\n<span style=\"font-weight: 400\">HDB introduced the <\/span><a href=\"https:\/\/www.99.co\/singapore\/glossary\/prime-location-public-housing-plh-model\/\"><span style=\"font-weight: 400\">Prime Location Public Housing (PLH)<\/span><\/a><span style=\"font-weight: 400\"> model on 27 October 2021. This model aims to make BTO flats in prime zones like the city centre and nearby regions (for instance, the <\/span><a href=\"https:\/\/www.99.co\/singapore\/insider\/top-property-winners-of-the-greater-southern-waterfront\/\"><span style=\"font-weight: 400\">Greater Southern Waterfront<\/span><\/a><span style=\"font-weight: 400\">) affordable and inclusive for households. Consequently, PLH flats come with stipulations like a <\/span><a href=\"https:\/\/www.99.co\/singapore\/insider\/plh-prime-location-public-housing-model-hdb\/\"><span style=\"font-weight: 400\">subsidy clawback<\/span><\/a><span style=\"font-weight: 400\"> and a 10-year <\/span><a href=\"https:\/\/www.99.co\/singapore\/insider\/property-jargon-of-the-day-minimum-occupation-period-mop\/\"><span style=\"font-weight: 400\">Minimum Occupation Period (MOP)<\/span><\/a><span style=\"font-weight: 400\">, among other conditions.<\/span>\r\n\r\n<span style=\"font-weight: 400\">In the BTO launch of November 2021, the inaugural flats under the PLH model were <\/span><a href=\"https:\/\/www.99.co\/singapore\/hdb\/river-peaks-i-deY8TBruGsVk4Lb4MGkzKbkK\"><span style=\"font-weight: 400\">River Peaks I<\/span><\/a><span style=\"font-weight: 400\"> &amp; II, in <\/span><a href=\"https:\/\/www.99.co\/singapore\/sale\/hdb\/rochor\"><span style=\"font-weight: 400\">Rochor<\/span><\/a><span style=\"font-weight: 400\">. The most recent PLH projects include <\/span><a href=\"https:\/\/www.99.co\/singapore\/insider\/october-bto-exercise-prime-projects-in-kallang-and-tanglin-halt\/\"><span style=\"font-weight: 400\">the Verandah @ Kallang and the Queenstown Tanglin Halt Cascadia HDB BTO from October 2023<\/span><\/a><span style=\"font-weight: 400\">.<\/span>\r\n\r\n<span style=\"font-weight: 400\">However, there is an upcoming change: BTO flats under the PLH model will be rebranded as \u201cPrime flats\u201d. This shift aligns with the National Day Rally 2023\u2019s property declarations, encompassing a redefinition of BTO flats and broadening rental and resale constraints for their owners.<\/span>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2><span style=\"font-weight: 400\">New BTO classifications\u00a0<\/span><\/h2>\r\n<span style=\"font-weight: 400\">During his NDR 2023 address in August 2023, Deputy Prime Minister and Finance Minister Lawrence Wonf made several HDB-related declarations. These modifications will be implemented starting in H2 2024.<\/span>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Classification<\/b><\/td>\r\n<td><b>STANDARD HDB<\/b><\/td>\r\n<td><b>PLUS HDB<\/b><\/td>\r\n<td><b>PRIME HDB<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Description<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Predominantly found across Singapore.<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Located in preferred areas, like near MRTs and town centres.<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Situated in the most central and premium locations.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Cost<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Most budget-friendly with standard subsidies.<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Pricier than STANDARD but cheaper than PRIME. Additional subsidies are available.<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Highest-priced but offers the most subsidies.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Minimum Occupation Period (MOP)<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">5 years<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">10 years<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">10 years<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Resale restrictions &amp; criteria<\/b><\/td>\r\n<td>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Least-strict resale conditions.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The entire flat can be rented after MOP.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">No income cap for resale buyers.<\/span><\/li>\r\n<\/ul>\r\n<\/td>\r\n<td>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Some resale restrictions.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Subsidy repayment is required upon resale, but less than PRIME.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Resale buyers have a S$14,000 income cap for both singles and families.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The entire flat cannot be rented, even post-MOP.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">At least one buyer must be a Singaporean for resale.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">30-month waiting period for private property owners buying resale PLUS.<\/span><\/li>\r\n<\/ul>\r\n<\/td>\r\n<td>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Strictest resale conditions.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Subsidy repayment upon resale; no renting of the entire flat even after MOP.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Resale buyers must meet full BTO criteria; S$14,000 income cap for families and S$7,000 for singles.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">At least one buyer must be Singaporean for resale.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">30-month waiting period for private property owners buying resale PRIME.<\/span><\/li>\r\n<\/ul>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<span style=\"font-weight: 400\">With the ongoing evolution and redevelopment of HDB estates, BTO flats will cease to be categorised as \u2018mature\u2019 or \u2018non-mature\u2019 estates. Instead, they will be classified based on their closeness to MRT stations and the city\u2019s core.<\/span>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2><span style=\"font-weight: 400\">More access to BTO flats for singles<\/span><\/h2>\r\n<span style=\"font-weight: 400\">Although the age criterion of 35 years and the size specification for HDB and resale flats available for singles remain unchanged, singles cannot purchase 2-room Flexi Prime flats situated close to the city centre.<\/span>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><strong>New BTO flats (for singles)<\/strong><\/td>\r\n<td><span style=\"font-weight: 400\">Singles can apply for 2-room Flexi flats across STANDARD, PLUS, and PRIME categories, regardless of location.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Resale flats (for singles)<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Singles can buy any size of STANDARD and PLUS flats, excluding 3Gen flats. However, for the PRIME category, only 2-room Flexi HDB flats are available.<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2><span style=\"font-weight: 400\">HDB BTO application and selection process<\/span><\/h2>\r\n<h3><span style=\"font-weight: 400\">BTO flat types<\/span><\/h3>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Flat type<\/b><\/td>\r\n<td><b>Availability<\/b><\/td>\r\n<td><b>Description<\/b><\/td>\r\n<td><b>Features<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Community Care Apartment<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">From HDB only<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Apartments are designed with senior-friendly features, offering care services tailored to individual needs and social activities for seniors to age with independence.<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">1 bedroom, 1 bathroom, Combined living, dining, and kitchen area.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>2-room<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Open market only<\/span><\/td>\r\n<td rowspan=\"3\"><span style=\"font-weight: 400\">Budget-friendly housing is suitable for lower-income groups, singles, and the elderly. Seniors can opt for shorter leases for further affordability.<\/span><\/td>\r\n<td rowspan=\"3\"><span style=\"font-weight: 400\">1 bedroom, 1 bathroom, Living and dining space, Kitchen, Shelter space.\u00a0<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>2-room Flexi<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">HDB or open market<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Short-lease 2-room<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">From HDB only<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>3-room<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">HDB or open market<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Compact and efficient living spaces that cater to essential living needs.<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">2 bedrooms (including a master bedroom with an en-suite bathroom), Common bathroom, Living area, Kitchen, Utility.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>4-room<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">HDB or open market<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Perfect for young families or couples, offering a balance of space and functionality.<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">There are three bedrooms (including a master bedroom with an en-suite bathroom), a Common bathroom, a Living area, a Kitchen, and a Yard.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>5-room<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">HDB or open market<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Designed for larger families, providing ample space for comfort and activities.<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">There are three bedrooms (including a master bedroom with an en-suite bathroom), a Common bathroom, a Living area, a Kitchen, a Yard, and a Study.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>3Gen<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">HDB or open market<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Tailored for multi-generational families, promoting closer family ties and shared living.<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">4 bedrooms (2 with en-suite bathrooms), Common bathroom, Living area, Kitchen, Yard.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Executive<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Open market only\u00a0<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Comes with additional study space, which can be transformed into a cosy living area. Some units also feature a balcony for a touch of luxury.<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Master bedroom with en-suite bathroom, 2 additional bedrooms, Common bathroom, Living and dining space, Kitchen.<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2><span style=\"font-weight: 400\">HDB BTO priority schemes<\/span><\/h2>\r\n<span style=\"font-weight: 400\">Prospective buyers can apply to their desired flat and estate. A ballot process will then determine the success of their application.<\/span>\r\n\r\n<span style=\"font-weight: 400\">On 24th February 2023, Deputy Prime Minister and Finance Minister Lawrence Wong highlighted in the Budget 2023 address that qualified first-time families with children and couples below the age of 40 will receive an extra BTO ballot when they apply during BTO sales launches. This amendment took effect from the HDB BTO launch in October 2023.<\/span>\r\n\r\n<span style=\"font-weight: 400\">In addition, first-time applicants are granted higher priority for new flats. The allocation of flat supply for various household categories is:<\/span>\r\n<h3><span style=\"font-weight: 400\">Family and Parenthood Priority Scheme (FPPS)<\/span><\/h3>\r\n<span style=\"font-weight: 400\">From the HDB BTO launch in October 2023 and beyond, the Parenthood Priority Scheme (PPS) underwent a rebranding and is now known as the Family and Parenthood Priority Scheme (FPPS). This revamped scheme focuses on a specific group of first-time applicants, termed F<\/span><span style=\"font-weight: 400\">irst-timers (Parents &amp; Married Couples) or FT(PMC). In every BTO launch, up to 40% of BTO flats are earmarked for this category.<\/span>\r\n<h3><span style=\"font-weight: 400\">Multi-Generation Priority Scheme (MGPS)<\/span><\/h3>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">For parents<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">20 units, up to 15% of 2-room Flexi or 3-room BTO flats<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">For married children<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">A corresponding number of 2-room Flexi or bigger BTO flats<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<h3><\/h3>\r\n<h3><span style=\"font-weight: 400\">Married Child Priority Scheme (MCPS)<\/span><\/h3>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">2-room Flexi non-mature estate BTO flats<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">5%<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">3-room non-mature estate BTO flats<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">30%<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">4-room and 5-room non-mature estate BTO flats<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">30%<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">2-room Flexi and bigger mature estate BTO flats<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">30%<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<h3><\/h3>\r\n<h3><span style=\"font-weight: 400\">Other families<\/span><\/h3>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">2-room Flexi BTO flats<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">10%<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">3-room BTO flats<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">25%<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">4-room and 5-room BTO flats<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">35%<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<h3><\/h3>\r\n<h3><span style=\"font-weight: 400\">Singles<\/span><\/h3>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">2-room Flexi BTO flats<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">65%<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">3-room BTO flats<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">N\/A<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">4-room and 5-room BTO flats<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">N\/A<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<h3><\/h3>\r\n<h3><span style=\"font-weight: 400\">Second-timer families under the MCPS<\/span><\/h3>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">2-room Flexi non-mature estate BTO flats<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">5%<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">3-room non-mature estate BTO flats<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">5%<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">4-room and 5-room non-mature estate BTO flats<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">3%<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">2-room Flexi and bigger mature estate BTO flats<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">3%<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<h3><\/h3>\r\n<h3><span style=\"font-weight: 400\">Assistance Scheme for Second-Timers (ASSIST) (Divorced\/Widowed parents)<\/span><\/h3>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">2-room Flexi BTO flats<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">5%<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">3-room BTO flats<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">5%<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">4-room and 5-room BTO flats<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">-<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2><span style=\"font-weight: 400\">How to apply for a BTO flat in 2024<\/span><\/h2>\r\n<ol>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Pick from the location sites announced in BTO sales launches.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Apply for the HFE Letter<\/span>\r\n<ol>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Starting from 9th May 2023, the <\/span><a href=\"https:\/\/www.99.co\/singapore\/insider\/hfe-hdb-flat-eligibility-letter-what-is-it-how-to-apply\/\"><span style=\"font-weight: 400\">HDB Loan Eligibility (HLE)<\/span><\/a><span style=\"font-weight: 400\"> letter was superseded by the new HDB Flat Eligibility (HFE) letter. The HFE letter provides information regarding your eligibility for an HDB flat, qualification for the CPF Housing Grant, eligibility for an HDB loan, and the respective amounts you are entitled to and can borrow.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">For individuals not opting for an HDB loan to finance their BTO flat,\u00a0<\/span><span style=\"font-weight: 400\">seeking an\u00a0<a href=\"https:\/\/www.99.co\/singapore\/insider\/in-principle-approval-ipa\/\" target=\"_blank\" rel=\"noopener\">In-Principal Approval (IPA)<\/a> from participating Financial Institutions (FIs) via the HDB Flat Portal is essential.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">For applications starting from the BTO launch in September 2023, a valid HFE letter is a prerequisite.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">To gain your HFE letter, you can input your details for an initial HFE assessment through the HDB Flat Portal.<\/span><\/li>\r\n<\/ol>\r\n<\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Submit the BTO application<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Wait to receive the results<\/span>\r\n<ol>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The queue positions for applicants to select flats are established through a balloting process. Applicants can monitor their status for any updates. Those who are successful in the ballot will receive an invitation to book a BTO flat.<\/span><\/li>\r\n<\/ol>\r\n<\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Book a BTO flat<\/span>\r\n<ol>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Before your appointment with HDB, review the flats' availability.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">When attending, applicants must have the documents with them. If you are securing a housing loan from a bank or Financial Institution (FI), you must provide a Letter of Offer. This Letter of Offer (LO) serves to validate your housing loan.<\/span><\/li>\r\n<\/ol>\r\n<\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Sign the Lease Agreement<\/span>\r\n<ol>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">You will be prompted to sign the Agreement for Lease within nine months <\/span><span style=\"font-weight: 400\">of booking your BTO flat. The down payment is also due at the time of signing the Agreement for Lease. If you qualify, the\u00a0<a href=\"https:\/\/www.hdb.gov.sg\/residential\/buying-a-flat\/buying-procedure-for-new-flats\/sign-agreement-for-lease\" target=\"_blank\" rel=\"noopener\">Staggered Down payment Scheme<\/a> is an option to consider.<\/span><\/li>\r\n<\/ol>\r\n<\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Collect the keys<\/span>\r\n<ol>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Can be collected after 3.5 years after the construction is completed.<\/span><\/li>\r\n<\/ol>\r\n<\/li>\r\n<\/ol>\r\n<h3><span style=\"font-weight: 400\">Balloting process<\/span><\/h3>\r\n<span style=\"font-weight: 400\">From September 2023 onwards, first-time BTO applicants who are allotted a BTO ballot but choose not to pick a flat will be treated as second-timers for a duration of one year. If they refrain from selecting a flat during their second BTO application, they will face a one-year restriction from applying for a BTO flat. While every prospective buyer can apply for a BTO, the odds in the balloting process might differ.<\/span>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Unsuccessful applications<\/b><\/td>\r\n<td><b>Initial chances<\/b><\/td>\r\n<td><b>Additional chances<\/b><\/td>\r\n<td><b>Total chances<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">0 to 1<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">2<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">0<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">2<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">2<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">2<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">1<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">3<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">3<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">2<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">2<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">4<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">4<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">2<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">3<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">5<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<span style=\"font-weight: 400\">First-timer families or couples are granted extra ballot chances within non-mature estates if their initial two applications fail.<\/span>\r\n\r\n<span style=\"font-weight: 400\">An application is deemed unsuccessful solely if the applicant does not receive an invitation to choose a BTO flat. Because of the limited availability of flats in mature estates, no additional chances are provided for BTO launches in these areas.<\/span>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h3><span style=\"font-weight: 400\">HDB BTO eligibility criteria<\/span><\/h3>\r\n<span style=\"font-weight: 400\">New HDB flats, being subsidised, are intended primarily for Singapore Citizens. Prospective buyers, co-applicants, and essential occupants must satisfy various eligibility criteria before applying for a flat.<\/span>\r\n\r\n<span style=\"font-weight: 400\">For first-timer households comprising a single Singapore Citizen and one or more Singapore Permanent Residents, a requisite premium of $10,000 must be paid during the flat purchase.<\/span>\r\n\r\n<span style=\"font-weight: 400\">Should there be a conversion to Singapore Citizenship, or if the applicants have a child who is a Singapore Citizen, they can then apply for the additional $10,000 Citizen Top-Up Grant.<\/span>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Eligible applicant\/Family focus<\/b><\/td>\r\n<td><b>Details<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Eligible schemes<\/span><\/td>\r\n<td>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Public scheme.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Fianc\u00e9\/Fianc\u00e9e scheme.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Orphans scheme.<\/span><\/li>\r\n<\/ul>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Citizenship<\/span><\/td>\r\n<td>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">A minimum of one applicant must be a Singaporean citizen.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">At least one other applicant should be a Singaporean citizen or a Singapore Permanent Resident (PR).<\/span><\/li>\r\n<\/ul>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Age<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Applicants must be at least 21 years old.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Income ceiling<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Applicant\u2019s income should fall within the stipulated income ceiling for the specific flat they aim to purchase.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Property ownership<\/span><\/td>\r\n<td>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Applicants should neither have owned nor held interest in any private property if they previously did.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">They must have sold the private property at least 30 months before applying for the HDB Flat Eligibility (HFE) letter.<\/span><\/li>\r\n<\/ul>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h3><span style=\"font-weight: 400\">HDB BTO eligibility scheme<\/span><\/h3>\r\n<span style=\"font-weight: 400\">Applicants can secure a new flat under any of the prevailing eligibility schemes. Below are the schemes that individuals, whether as singles, couples, or families, can apply for, along with some overarching criteria:<\/span>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Scheme<\/b><\/td>\r\n<td><b>Applicant\u2019s family composition<\/b><\/td>\r\n<td><b>Criteria<\/b><\/td>\r\n<td><b>3Gen BTO flat applications<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Public Sch<\/span>\r\n\r\n<span style=\"font-weight: 400\">eme<\/span><\/td>\r\n<td>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Spouse and children (if any).<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Parents and siblings (if any).<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Children under the applicant's care (if widowed\/divorced).<\/span><\/li>\r\n<\/ul>\r\n<\/td>\r\n<td>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Age 21 years and above.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The family nucleus includes one Singapore citizen and at least one other Singapore citizen\/PR.<\/span><\/li>\r\n<\/ul>\r\n<\/td>\r\n<td>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Married\/engaged couple and parents.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Widowed\/divorced with children under custody and parents.<\/span><\/li>\r\n<\/ul>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Fianc\u00e9\/Fianc\u00e9e Scheme<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Spouse-to-be<\/span><\/td>\r\n<td>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Age 21 years and above.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">One Singapore citizen and at least one other Singapore citizen or PR.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Submit marriage certificate upon or before flat possession.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Depending on circumstances, may need:<\/span>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Written parental consent.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Special marriage licence.<\/span><\/li>\r\n<\/ul>\r\n<\/li>\r\n<\/ul>\r\n<\/td>\r\n<td>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Married\/engaged couple and parents.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Widowed\/divorced with children under custody and parents.<\/span><\/li>\r\n<\/ul>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Single Singapore Citizen Scheme (SCSS)<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">N\/A<\/span><\/td>\r\n<td>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Singles aged 35 and above, Singapore citizens.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">For 2-room Flexi BTO flats in non-mature estates with a monthly income ceiling of $7,000.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Only first-timer core applicants qualify.<\/span><\/li>\r\n<\/ul>\r\n<\/td>\r\n<td><span style=\"font-weight: 400\">N\/A<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Joint Singles Scheme (JSS)<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">N\/A<\/span><\/td>\r\n<td>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Singles aged 35 and above.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Must be a Singapore citizen and include at least one other co-applicant who is also a Singapore citizen.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">For 2-room Flexi BTO flats in non-mature estates with a monthly income ceiling of $7,000.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Only first-timer core applicants qualify.<\/span><\/li>\r\n<\/ul>\r\n<\/td>\r\n<td><span style=\"font-weight: 400\">N\/A<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Non-Citizen Spouse Scheme<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Couples where one is a Singapore Citizen and the other is neither a Singapore Citizen nor a PR<\/span><\/td>\r\n<td>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">At least 35 years old.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Non-resident spouse needs a valid Visit Pass or Work Pass.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">For 2-room Flexi BTO flats in non-mature estates with a monthly income ceiling of $7,000.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Must be a first-time applicant.<\/span><\/li>\r\n<\/ul>\r\n<\/td>\r\n<td><span style=\"font-weight: 400\">N\/A<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Orphans Scheme<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Siblings who are orphans and unmarried<\/span><\/td>\r\n<td>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">At least one deceased parent was a Singapore Citizen\/PR.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">All siblings must be single.<\/span><\/li>\r\n<\/ul>\r\n<\/td>\r\n<td><span style=\"font-weight: 400\">N\/A<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h3><span style=\"font-weight: 400\">BTO flat application income ceiling<\/span><\/h3>\r\n<span style=\"font-weight: 400\">The income ceiling depends on the specific flat type you aim to buy. If an applicant's average gross monthly household income surpasses this ceiling, they will be ineligible to apply for that flat type.<\/span>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>BTO flat type<\/b><\/td>\r\n<td><b>Income ceiling (average gross monthly household income)<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">3-room BTO flat<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">S$7,000 or S$14,000 (project dependant)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">4-room BTO flat<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">S$14,000 or S$21,000 for purchase with extended or multi-generational family<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<span style=\"font-weight: 400\">Income and allowances play a significant role in determining an individual's income ceiling. Factors considered include allowances (both fixed and variable) received regularly, such as those for food, transport, laundry, and uniforms. Pensions, stipends, and sustenance are also considered.<\/span>\r\n\r\n<span style=\"font-weight: 400\">Specific sources of income and allowances are not considered when determining the income ceiling. These exclusions comprise alimony allowances, bonuses, director fees, income from overtime work, overseas scholarship allowances, interest from deposit accounts, National Service allowances, and rental income. All applicants should check the needed documents based on their employment.<\/span>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h3><span style=\"font-weight: 400\">First or second-timer status<\/span><\/h3>\r\n<h4><span style=\"font-weight: 400\">First-timer applicants:<\/span><\/h4>\r\n<span style=\"font-weight: 400\">For those classified as first-timers, neither the applicant nor any other listed owners and essential occupiers should have previously purchased a flat from HDB or an EC\/DBSS flat from a developer. They should not have sold a flat gained from HDB or an EC\/DBSS flat bought by a developer. They must also not have received any CPF Housing Grant to gain a resale flat or taken any form of housing subsidy. Such applicants are accorded priority and privileges in the application process.<\/span>\r\n<h4><span style=\"font-weight: 400\">Second-timer applicants:<\/span><\/h4>\r\n<span style=\"font-weight: 400\">Second-timer applicants, or any other listed owners and essential occupiers, would have had prior experience in owning or selling properties. This includes owning or selling an HDB flat bought directly from HDB, a resale flat purchased using a CPF Housing Grant, or an EC\/DBSS flat bought from a developer. They would also have previously benefited from some form of housing subsidy. Unlike first-timers, these applicants do not receive any special priority or privileges.<\/span>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h3><span style=\"font-weight: 400\">Determining wait-out period<\/span><\/h3>\r\n<span style=\"font-weight: 400\">In certain situations, applicants must undergo a specified waiting period before applying for or being included in a new flat application. Because of their more urgent housing requirements, first-timer applicants are given higher priority and additional privileges when applying for a flat. Interestingly, when a couple comprises one first-timer and one second-timer applicant, they are treated as a first-timer couple, allowing them to benefit from the same enhanced priority advantages.<\/span>\r\n\r\n<span style=\"font-weight: 400\">An applicant can be classified into two categories. The first category includes current owners or occupiers of a flat or Executive Condominium (EC) who have not yet fulfilled their flat's Minimum Occupation Period (MOP) requirements. The second category comprises individuals who have previously applied but either cancelled their flat application or chose not to book a flat consecutively on two occasions.<\/span>\r\n\r\n<span style=\"font-weight: 400\">Regarding the type of property owned or occupied, the first category of applicants typically owns or lives in an HDB flat purchased directly from HDB, a resale flat gained using a CPF Housing Grant, or an EC\/DBSS flat bought from the developer. For these applicants, the wait-out period is determined by the MOP, which is five years. However, if the flat falls under the PLH model, the wait-out period extends to 10 years.<\/span>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h1><span style=\"font-weight: 400\">HDB BTO flat financing<\/span><\/h1>\r\n<span style=\"font-weight: 400\">Here's a breakdown of the costs and fees associated with different stages of the process:<\/span>\r\n<ol>\r\n \t<li style=\"list-style-type: none\">\r\n<ol>\r\n \t<li style=\"font-weight: 400\"><b>Application submission:<\/b><span style=\"font-weight: 400\"> You will need to pay a S$10 application fee, and the payment can be made through a Credit Card.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><b>Booking a BTO flat:<\/b><span style=\"font-weight: 400\"> You must pay an option fee in cash. This step signifies your commitment to the purchase.<\/span><\/li>\r\n<\/ol>\r\n<\/li>\r\n<\/ol>\r\n<ul>\r\n \t<li><b>Signing the agreement for lease:<\/b><\/li>\r\n<\/ul>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><b>Stamp duty and legal fees:<\/b><span style=\"font-weight: 400\"> The exact amounts may vary.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><b>Down payment: <\/b><span style=\"font-weight: 400\">The sum depends on whether you chose the Staggered Down payment Scheme. Payments can be made in cash or through your CPF (Central Provident Fund).<\/span><\/li>\r\n<\/ul>\r\n<span style=\"font-weight: 400\"><span style=\"font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif\">You can find detailed information on\u00a0<\/span><a style=\"font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif\" href=\"https:\/\/www.hdb.gov.sg\/residential\/buying-a-flat\/buying-procedure-for-new-flats\/sign-agreement-for-lease\" target=\"_blank\" rel=\"noopener\">HDB's official website regarding precise figures related to the Agreement for Lease<\/a>. Understanding these financial aspects is crucial for a smooth home-buying experience.<\/span>\r\n<ul>\r\n \t<li><b>Collection of keys:<\/b><\/li>\r\n<\/ul>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><b>Purchase price:<\/b><span style=\"font-weight: 400\"> The amount varies based on your chosen flat.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><b>Home Protection Scheme:<\/b><span style=\"font-weight: 400\"> Ensuring your new home is safeguarded.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><b>Fire Insurance:<\/b><span style=\"font-weight: 400\"> A vital protective measure for your property.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><b>Remaining down payment:<\/b><span style=\"font-weight: 400\"> The sum depends on your participation in the Staggered Down payment Scheme. It is payable in cash or CPF.<\/span><\/li>\r\n<\/ul>\r\n<span style=\"font-weight: 400\">Essential payments overview:<\/span>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Stage<\/b><\/td>\r\n<td><b>Payment details<\/b><\/td>\r\n<td><b>Accepted payment methods<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Submitting the application<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">A nominal S$10 application fee<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Credit card<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Booking a BTO flat<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">To confirm your commitment, an option fee must be paid.<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Cash<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Signing agreement for lease<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">This stage covers expenses such as stamp duty, legal fees, and a partial down payment.\u00a0<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Cash or CPF<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400\">Collection of keys<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">The final payments encompass various elements: stamp duty, legal fees, Home Protection Scheme, Fire Insurance, remaining down payment, and the balance of the purchase price.<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Cash or CPF<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<h2><\/h2>\r\n<h2><span style=\"font-weight: 400\">HDB BTO flat financing with CPF<\/span><\/h2>\r\n<span style=\"font-weight: 400\">Ensuring a smooth transaction involves having the right funds in place.<\/span>\r\n\r\n<span style=\"font-weight: 400\">This is where your CPF Ordinary Account (OA) savings come into play for initial payments, flat purchases, and monthly housing loan instalments.\u00a0<\/span>\r\n\r\n<span style=\"font-weight: 400\">However, CPF withdrawal limits vary based on your housing loan type.<\/span>\r\n<h3><span style=\"font-weight: 400\">CPF Housing Grants<\/span><\/h3>\r\n<span style=\"font-weight: 400\">CPF Housing Grants are crucial subsidies the Singapore government provides to eligible citizens. These grants are directly credited to applicants' CPF Ordinary Accounts (OA) and can be utilised to reduce the initial payment required for a flat, thus lowering the overall housing loan amount.<\/span>\r\n\r\n<span style=\"font-weight: 400\">Introduced in September 2019, the Enhanced CPF Housing Grant (EHG) has replaced the Additional CPF Housing Grant (AHG) and Special CPF Housing Grant (SHG). EHG applies to new HDB and resale flats with no flat type or location restrictions.\u00a0<\/span>\r\n\r\n<span style=\"font-weight: 400\">To qualify for EHG, first-timer households need to have an average gross monthly income below S$9,000, and the flat must have a remaining lease of over 20 years. Detailed eligibility criteria can be found <\/span><a href=\"https:\/\/www.hdb.gov.sg\/cs\/infoweb\/residential\/buying-a-flat\/understanding-your-eligibility-and-housing-loan-options\/flat-and-grant-eligibility\/couples-and-families\/enhanced-cpf-housing-grant-families\"><span style=\"font-weight: 400\">here for further reference<\/span><\/a><span style=\"font-weight: 400\">.<\/span>\r\n\r\n<span style=\"font-weight: 400\">Applicants fall into specific categories, including:\u00a0<\/span>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">First-timers<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Second-timers<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">First-timer and second-timer couples<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Those under specialised schemes like the:\u00a0<\/span>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Non-Citizen Spouse Scheme<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Single Singapore Citizen Scheme<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Joint Singles Scheme (JSS) or Orphan Scheme.\u00a0<\/span><\/li>\r\n<\/ul>\r\n<\/li>\r\n<\/ul>\r\n<span style=\"font-weight: 400\">These grants present a valuable opportunity for eligible individuals or families to ease the financial burden associated with home ownership.<\/span>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Category<\/b><\/td>\r\n<td><b>First-timers<\/b><\/td>\r\n<td><b>Second -timer<\/b><\/td>\r\n<td><b>Couples (First-timers\/Second-timers)<\/b><\/td>\r\n<td><b>Non-Citizen Spouse<\/b>\r\n\r\n<b>Scheme<\/b><\/td>\r\n<td><b>Single Citizen<\/b>\r\n\r\n<b>Scheme<\/b><\/td>\r\n<td><b>JSS*\/Orphan Scheme<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Enhanced CPF Housing Grant (EHG)<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Eligible<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Not Applicable<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Eligible for EHG (Singles)<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Not Applicable<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Eligible for EHG (Singles)<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Eligible for EHG (Singles)<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Other Grants<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Not Applicable<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Step-Up CPF Housing Grant (SUHG)<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Not Applicable<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Not Applicable<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Not Applicable<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Not Applicable<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Maximum grant amount<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Up to S$80,000<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Up to S$15,000<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Up to S$40,000<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Up to S$15,000<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Up to S$40,000<\/span><\/td>\r\n<td><span style=\"font-weight: 400\">Up to S$80,000<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<span style=\"font-weight: 400\">*Applies to 2-room Flexi flats in non-mature estates<\/span>\r\n\r\n<span style=\"font-weight: 400\">Eligibility is determined by:<\/span>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Remaining flat lease<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Employment status<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Property ownership history<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Income ceiling<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Previous housing subsidies received<\/span><\/li>\r\n<\/ul>\r\n<span style=\"font-weight: 400\">For more information on this, read our <\/span><a href=\"https:\/\/www.99.co\/singapore\/insider\/hdb-grants-for-couples\/\"><span style=\"font-weight: 400\">comprehensive guide on HDB grants here<\/span><\/a>\r\n\r\n<span style=\"font-weight: 400\">HDB BTO flat financing with HDB loan<\/span>\r\n\r\n<span style=\"font-weight: 400\">The Housing Development Board (HDB) offers housing loans at a reduced interest rate to eligible flat buyers. Your eligibility for an HDB loan will be assessed when you provide your personal information during the preliminary HDB Flat Eligibility (HFE) check.\u00a0<\/span>\r\n\r\n<span style=\"font-weight: 400\">You will also be informed about the loan amount you qualify for at this stage. Once the preliminary HFE check is complete, you can submit your HFE letter application.<\/span>\r\n\r\n<b>Eligibility criteria<\/b>\r\n\r\n<span style=\"font-weight: 400\">To qualify, applicants and essential occupants must fulfil the following conditions:<\/span>\r\n<ul>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">At least one buyer must be a Singapore Citizen.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The monthly household income should not exceed S$14,000 (or S$21,000 for extended families).<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The applicant must not have previously availed of over two HDB loans.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Ownership of any private residential property (in Singapore or overseas) is prohibited.<\/span><\/li>\r\n \t<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The applicant should not have sold any private residential property within 30 months before applying for the loan.<\/span><\/li>\r\n<\/ul>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Loan aspects<\/b><\/td>\r\n<td><b>Specifications<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Down payment<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">This can be entirely settled using CPF<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Loan limit<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Up to 80% of the property's value or purchase price, whichever is lower<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Interest rate<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Fixed at 2.6%, slightly above the CPF OA interest rate<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Repayment term<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Capped at 25 years or until the buyer reaches 65 years old, whichever is shorter<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Monthly payments<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Limited to 30% of applicants\u2019 monthly income<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Insurance<\/b><\/td>\r\n<td><span style=\"font-weight: 400\">Includes HDB Fire Insurance Policy and Home Protection Scheme (HPS)<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<span style=\"font-weight: 400\">HDB BTO flat financing with a bank loan<\/span>\r\n\r\n<span style=\"font-weight: 400\">If ineligible for an HDB housing loan, applicants can opt for a bank loan provided by institutions regulated by the Monetary Authority of Singapore (MAS).<\/span>\r\n\r\n<span style=\"font-weight: 400\">Participating Financial Institutions (FIs) can request an In-Principle Approval (IPA) through the HDB Flat portal.\u00a0<\/span>\r\n<h2><span style=\"font-weight: 400\">HDB BTO record-breaking prices and transactions<\/span><\/h2>\r\n<b>Highest-priced BTO during the launch<\/b>\r\n\r\n<span style=\"font-weight: 400\">The launch of Central Weave @ Ang Mo Kio in August 2022 made waves by introducing 5-room BTO flats with jaw-dropping price tags, some reaching as high as S$877,000.\u00a0<\/span>\r\n\r\n<span style=\"font-weight: 400\">Surprisingly, these units experienced overwhelming demand despite the exorbitant prices, underscoring the scarcity of larger HDB flats and the preference for modern amenities and newer developments.\u00a0<\/span>\r\n\r\n<span style=\"font-weight: 400\">The event sparked discussions about the potential emergence of the first million-dollar BTO unit.\u00a0<\/span>\r\n\r\n<b>Highest Per Square Foot (PSF)<\/b>\r\n\r\n<span style=\"font-weight: 400\">Meanwhile, a 4-room flat in Block 1C of the iconic Pinnacle@Duxton development achieved a historic milestone in April 2023.\u00a0<\/span>\r\n\r\n<span style=\"font-weight: 400\">While not setting a record for the highest total price, this property sale achieved an unprecedented price per square foot (PSF) of S$1,369.\u00a0<\/span>\r\n\r\n<span style=\"font-weight: 400\">This milestone highlighted the growing trend of valuing properties not just by their overall cost but also by their PSF rate, showing the premium placed on limited urban space.<\/span>\r\n\r\n<b>Largest BTO project<\/b>\r\n\r\n<span style=\"font-weight: 400\">The colossal BTO project at Tampines GreenVerge comprises 2,022 units spread across 20 blocks.\u00a0<\/span>\r\n\r\n<span style=\"font-weight: 400\">Anticipated for completion in 2026, the project redefines the scale and ambition of public housing initiatives in Singapore.\u00a0<\/span>\r\n\r\n<span style=\"font-weight: 400\">This project addresses the growing demand for housing and emphasises the importance of community-centric planning, incorporating many communal facilities.\u00a0<\/span>\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n<h2>Browse the Latest BTO Articles:<\/h2>","link":"https:\/\/www.99.co\/singapore\/insider\/hdb\/hdb-bto\/","name":"HDB BTO in Singapore - BTO 2024, 2025 News &amp; 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