The Housing Development Board (HDB) announced an upcoming launch of Built-To-Order (BTO) flats in August 2021 in a press release on July 23.
HDB will offer about 4,900 Build-To-Order (BTO) flats in Hougang, Jurong East, Kallang/Whampoa, Queenstown, and Tampines.
Here is the breakdown of available flat types that will be available in each town:
A total of 560 BTO flats (comprising 2-room Flexi, 3-room, and 4-room flat types) located at the junction of Toh Guan Road and Bukit Batok Ave 1.
A total of 310 BTO flats (comprising 3-room and 4-room) located along Towner Road, opposite Hong Wen School. 210 units will be set aside as rental units in a standalone rental block.
A total of 610 BTO flats (comprising 3-room and 4-room flat types) located along Queensway, near the Alexandra Fire Station and Queenstown Neighbourhood Police Post.
Of the 610 units, 210 will be set aside as rental units in a standalone rental block.
A total of 540 BTO flats (comprising 4-room and 5-room flat types) at the junction of Bedok Reservoir Road and a new road called Tampines Street 96.
A total of 1,600 BTO flats (comprising 2-room, Flexi 3-room, 4-room, and 5-room flat types) will be located at the junction of Bedok Reservoir Road and a new road called Tampines Street 96.
More information can be found here: https://homes.hdb.gov.sg/home/landing
Another launch will take place in November 2021 with about 3,100 to 3,600 BTO flats in Choa Chu Kang, Hougang, Jurong West, Kallang/Whampoa, and Tengah.
HDB will be monitoring the situation and make adjustments as the Covid-19 pandemic evolves.
HDB resale prices have increased
HDB also said that resale prices are on the rise for the fifth consecutive quarter.
OrangeTee’s Senior Associate District Director Ryan Tan told CNA that the stay home measures over the past year increased home buyers’ desire for bigger living spaces, and the enhanced CPF housing grants from 2019 have made resale flats more attractive.
According to HDB’s public housing data, the resale price index increased by 3.0 per cent since the first quarter of 2021 while the number of resale flats bought fell by 6.8 per cent from the first quarter to the second quarter of 2021.
As compared to the second quarter of 2020, resale transactions in the second quarter of 2021 were 106.2 per cent higher due to the circuit breaker measures implemented from April 7 to June 1, 2020.
Image via Getty images.