(EXPIRED) HDB Launches Jul 2014 BTO Exercise 19 – 25 Jul 2014

EXPIRED

Starts	19 Jul 2014 (Sat)	Ends	25 Jul 2014 (Fri)
Location	HDB

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HDB has launched 3,841 new flats in six projects located in the non-mature towns of Punggol, Sembawang, Woodlands and Yishun , and the mature town of Toa Payoh under the July 2014 Build-To-Order (BTO) exercise.

July 2014 BTO Exercise

A wide range of flats, including Studio Apartments (SAs), 2-room to 5-room flats, and Three-Generation (3Gen) flats, is offered to meet the diverse housing needs of first-timers, second-timers, multi-generation families, elderly and singles.

First-timers will continue to enjoy priority flat allocation, with at least 85% (for 4-room and 5-room) and 70% (for 2-room and 3-room) of the BTO public flat supply set aside for them. Eligible first-timer singles have the options of applying for a 2-room flat in Matilda Court, Waterway Sunray, Park Grove @ Yishun or Sun Natura.

Married/courting couples who wish to live together with their parent(s) can apply for a 3Gen flat at Park Grove @ Yishun. Other multi-generation families who wish to live near each other in the same BTO project can apply under the Multi-Generation Priority Scheme1(MGPS) for the flats in Matilda Court, Waterway Sunray, Park Grove @ Yishun, Sun Natura and Toa Payoh Apex.

[1] HDB will set aside up to 15% of the SAs, 2-room and 3-room flats in a BTO project (subject to a minimum of 20 units each) for parents applying under MGPS. The same number of 2-room and bigger flats will be set aside in the same BTO project for their married children.

The new Integrated Development in Woodlands – Kampung Admiralty – will offer two blocks of SAs comprising 48 SAs of 36 sqm and another 56 SAs of 45 sqm. This development is a special one-stop hub with an innovative design that brings together amenities such as a medical centre, eldercare facilities, a hawker centre and retail shops, with wide community spaces and generous green features, at the residents’ doorstep.

Residents will also enjoy special features such as a pneumatic waste system. The indicative monthly service and conservancy charges for the SAs in this development, payable to the Town Council, are $25.50 (for 36 sqm SA) and $36.50 (for 45sqm SA). 50% of the SAs at Kampung Admiralty will be set aside under the Studio Apartment Priority Scheme (SAPS) for elderly applicants who apply for an SA in the same town or within 2 km of their current flat/property, or apply for an SA to live near or with their parents/married child.

Eligible first-timer households can enjoy up to $60,000 of housing grants, comprising the Additional CPF Housing Grant (AHG) (up to $40,000) and the Special CPF Housing Grant (SHG) (up to $20,000). With these grants, 2-room, 3-room, 4-room and 5-room flats can be purchased from $13,000, $100,000, $201,000 and $324,000 respectively (see Table 1). Further details can be found in Annex A. (PDF 782KB)

Table 1: July 2014 BTO Prices

Town	Project(s)	Flat Type #	Selling Price (Excluding Grants@)	Selling Price (Including Grants^)
Non-Mature Towns
Sembawang	Sun Natura (JPG 645KB)	2-room*	From $73,000	From $13,000
		3-room	From $150,000	From $100,000
		4-room	From $236,000	From $201,000
Yishun	Park Grove @ Yishun (JPG 580KB)	2-room*	From $77,000	From $17,000
		4-room	From $263,000	From $228,000
		5-room	From $339,000	From $329,000
		3Gen	From $347,000	From $337,000
Punggol	Waterway Sunray (JPG 499KB) Matilda Court (JPG 525KB)	2-room*	From $82,000	From $22,000
		3-room	From $166,000	From $116,000
		4-room	From $278,000	From $243,000
		5-room	From $334,000	From $324,000
Woodlands	Kampung Admiralty) (JPG 707KB)	Studio Apartment	From $91,000	–
Mature Town
Toa Payoh	Toa Payoh Apex (JPG 521KB)	3-room	From $273,000	From $243,000
		4-room	From $413,000	From $398,000

Notes:
* Come in two sizes of 36 sqm (Type 1) and 45 sqm (Type 2).
^ The assumed housing grants are meant for applicants applying as a family nucleus or two singles under the Joint Singles Scheme for a 2-room BTO flat. SHG is also applicable only to 2-room, 3-room and 4-room flats in the non-mature estates:
i) 2-room flat: $60,000 (comprising AHG of $40,000 and SHG of $20,000 where applicable) ii) 3-room flat: $50,000 (comprising AHG of $30,000 and SHG of $20,000 where applicable)
iii) 4-room flat: $35,000 (comprising AHG of $15,000 and SHG of $20,000 where applicable)
iv) 5-room flat / 3Gen flat: $10,000 (AHG only)
The actual grant amounts vary based on income and choice of flat type. Read more on various CPF Housing Grants available.
# SAs are sold on a 30-year lease, beginning from the date of key collection. Prices are inclusive of the elderly-friendly fittings/finishes.
@ Singles who apply under the Single Singapore Citizen Scheme will pay $15,000 more than the married couples. Eligible singles can also apply for AHG and SHG. The actual grant amounts will vary based on income. Read more on the various CPF Housing Grants available.

Table 2: July 2014 BTO Flat Supply and Pricing Details

Projects	Flat Type	Estimated Floor Area * (sqm)	Estimated Internal Floor Area ^ (sqm)	No. of units	Indicative # Price Range
Non-Mature Towns
Sun Natura (Standard Flats)	2-room	38	36	120	$73,000 – $98,000
		47	45	210	$92,000 – $119,000
	3-room	68	65	121	$150,000 – $185,000
	4-room	93	90	397	$236,000 – $301,000
Park Grove @ Yishun (Standard Flats)	2-room	38	36	24	$77,000 – $97,000
		47	45	96	$103,000 – $123,000
	4-room	93	90	204	$263,000 – $318,000
	5-room	113	110	216	$339,000 – $409,000
	3Gen	120	115	48	$347,000 – $411,000
Waterway Sunray Matilda Court (Standard Flats)	2-room	38	36	98	$82,000 – $110,000
		47	45	326	$109,000 – $139,000
	3-room	68	65	208	$166,000 – $212,000
	4-room	93	90	574	$278,000 – $341,000
	5-room	113	110	538	$334,000 – $429,000
Kampung Admiralty (Premium Flats)	Studio Apartment +	38	36	48	$91,000 – $95,000
		47	45	56	$105,000 – $115,000
Mature Town
Toa Payoh Apex (Standard Flats)	3-room	68	65	138	$273,000 – $346,000
	4-room	93	90	419	$413,000 – $507,000

Notes:
1) * Refers to the estimated area of the whole apartment, comprising the internal floor area and the air-conditioner ledge.
2) ^ Refers to the estimated area of the apartment computed based on the centre line of the apartment wall.
3) # Actual prices may vary based on the actual attributes of the flats at the time of selection. See
Table A4 for details on the Optional Component Scheme.
4) + SAs are sold on a 30-year lease, beginning from the date of key collection. Prices are inclusive of the elderly-friendly fittings/finishes.

Advice for Flat Buyers

Applicants are strongly advised to apply for a BTO flat in non-mature towns to enjoy a higher chance of success in securing a flat.

Regular updates on the number of applications submitted for the various flat types/towns will be published on the HDB InfoWEB. Applicants are advised to check for updates before submitting their application.

Application for July 2014 BTO Exercise

Application for new flats launched in the July 2014 BTO exercise can be submitted online on the HDB InfoWEB from today, 19 July 2014 (Saturday) to 25 July 2014 (Friday). Applicants can apply for only one flat type in one town.

More details on application procedures can be found in Annex B. (PDF 99KB)

For enquiries, the public can:

• Log on to esales.hdb.gov.sg; or
• E-mail hdbsales[at]mailbox.hdb.gov.sg; or –
• Visit the HDB Sales Office to speak with the Customer Relations Executives during office hours (Mon to Fri 8 am to 5 pm, Saturday 8 am to 1 pm).

Tapering of BTO Flat Supply

After ramping up the BTO building programme for three years, HDB has cleared the backlog of first-timer applicants. Hence, HDB has announced the transition to a more sustainable BTO building programme.

In the first half of 2014, HDB offered a total of 13,090 flats. These include 9,707 BTO flats and 3,383 balance flats offered in the May 2014 Sale of Balance Flats (SBF) exercise. First-timer BTO application rate continued to be stable, ranging from 1.0 to 1.7 times in the first half of 2014.

In the second half of 2014, HDB will offer another 12,700 BTO flats across various towns. This will bring the total number of BTO flats offered in the year to 22,400 units. 3-room and larger BTO flats will number 16,700 units, more than the estimated 15,000 new Singaporean family formations annually. 2-room flats and Studio Apartments will number 5,000 units and 700 units respectively, to cater to demand from low-income families, singles and the elderly.

For those asking when is the next HDB Sale of Balance Flats exercise, it is November 2014.

In addition, HDB will conduct a second Sales of Balance Flats SBF exercise with about 3,000 units in November 2014 to augment the housing supply. These will provide ample choices for Singaporeans looking to buy HDB homes.

Next BTO Launch in September 2014

In September 2014, HDB will offer about 4,510 BTO flats in Bukit Batok, Hougang, Jurong and Kallang Whampoa. More information on the flats to be offered under the September 2014 BTO exercise is available on the HDB InfoWEB.

Other terms and conditions apply.

Sales on until 25 Jul 2014

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