HDB launches 8,230 flats in Nov 2017 BTO and Sale of Balance Flats Exercise

HDB 14 Nov 2017
ON TODAY
Starts14 Nov 2017 (Tue)Ends20 Nov 2017 (Mon)
Location HDB

HDB has launched 8,230 flats for sale today under the November 2017 Build-To-Order (BTO) and Sale of Balance Flats (SBF) exercise. This comprises 4,829 BTO units and 3,401 SBF units across 25 towns/estates.

Of the 4,829 BTO units on offer in this sales exercise, the majority (3,880 units, or 80%) will be constructed using the Prefabricated Prefinished Volumetric Construction (PPVC) method, with a view to improving construction productivity. In total, about 22% of the BTO flats launched this year will be constructed using PPVC. By 2019, HDB aims to adopt PPVC for 35% of BTO units launched.

The November 2017 BTO launch brings the total number of BTO flats offered this year to 17,584 units. Together with the 7,347 balance flats offered in the May and November 2017 SBF exercises and the 1,394 units in the August 2017 Re-Offer of Balance Flats (ROF) exercise, HDB has offered a total of 26,325 flats in 2017 to meet the housing needs of Singaporeans.

Wide Range of Flats for Different Budgets and Needs

November 2017 BTO Exercise

A wide selection of flats, ranging from 2-room Flexi to Three-Generation (3Gen) flats, is offered to meet the diverse housing needs of first-timers, second-timers, multi-generation families, elderly and singles. Further details can be found in Annex A1.

The 4,829 BTO flats on offer are spread across five projects. Three are in the non-mature towns of Punggol and Sengkang, while another two are in the mature towns/estates of Geylang and Tampines. Eligible first-timer families can enjoy up to $80,000 of housing grants, comprising the Additional CPF Housing Grant (AHG) (up to $40,000) and the Special CPF Housing Grant (SHG) (up to $40,000). With these grants, buyers of 2-room Flexi, 3-room, 4-room and 5-room flats could pay as little as $10,000, $103,000, $205,000, and $331,000 respectively.

New HDB flats are priced with a generous subsidy, taking into account factors such as location, flat attributes and prevailing market conditions. HDB’s prices are considerably lower than transacted prices of comparable resale flats in the vicinity (see Table 1 for the BTO prices and the comparable resale prices). In addition, 2-room Flexi flats are priced taking into account the lease chosen, as shown in Annex A2.

November 2017 BTO Prices
TownContractFlat TypeSelling Price
(Excluding Grants **)
Selling Price
(Including Grants ^)
Non-Mature Towns
PunggolNorthshore Edge +4-roomFrom $287,000From $227,000
5-roomFrom $357,000From $352,000
SengkangAnchorvale Village
Fernvale Glades +
2-room Flexi*From $90,000From $10,000
3-roomFrom $178,000From $103,000
4-roomFrom $265,000From $205,000
5-roomFrom $336,000From $331,000
3GenFrom $369,000From $364,000
Mature Towns
GeylangEunos Court2-room Flexi*From $201,000From $161,000
3-roomFrom $367,000From $347,000
4-roomFrom $522,000From $517,000
TampinesTampines GreenCourt +2-room Flexi*From $123,000From $83,000
3-roomFrom $216,000From $196,000
4-roomFrom $323,000From $318,000
5-roomFrom $438,000From $438,000
Notes:
*2-room Flexi flats come in two sizes – 36 to 38 sqm (Type 1) and 45 sqm (Type 2).
^The assumed housing grants are for applicants applying as a family nucleus or two singles under the Joint Singles Scheme for a 2-room Flexi flat.燛ligible first-timer flat buyers can apply for housing grants of up to $80,000, comprising Additional CPF Housing Grant (AHG) of $40,000 and Special CPF Housing Grant (SHG) of $40,000. SHG is applicable only to 2-room Flexi, 3-room, and 4-room flats in the non-mature towns. For illustration purposes, the assumed total grants adopted for the projects in the above table are as follows:

  1. 2-room Flexi flat: $80,000 in non-mature towns and $40,000 in mature towns
  2. 3-room flat: $75,000 in non-mature towns and $20,000 in mature towns
  3. 4-room flat: $60,000 in non-mature towns and $5,000 in mature towns
  4. 5-room flat/ 3Gen flat: $5,000 in non-mature towns

The starting prices and assumed grant amounts are illustrative. The actual grant amount received will depend on buyers income, choice of flat type/ estate, and eligibility for housing grants. Read more on various CPF Housing Grants available.

+Prices include the costs of floor finishes, internal doors, and sanitary fittings.
**Singles who apply for a 2-room Flexi flat under the Single Singapore Citizen Scheme will pay $15,000 more than married couples. Eligible singles can also apply for AHG and SHG. The additional amount payable and the grants will vary based on the choice of lease tenure. The actual grant amounts will vary according to income. Read more on various CPF Housing Grants available.
Selling prices (excluding and including grants) quoted above are rounded up to the nearest thousand dollars.

First-timer families will continue to enjoy priority in flat allocation[1]. Married/ courting couples who wish to live together with their parent(s) can apply for a 3Gen flat in Fernvale Glades.

Other multi-generation families who wish to live near each other in the same BTO project can apply for flats in Anchorvale Village, Fernvale Glades, Eunos Court and Tampines GreenCourt under the Multi-Generation Priority Scheme (MGPS)[2]

PPVC Flats Come With Finishes and Fittings

Starting from this BTO exercise, PPVC flats will come with floor and wall finishes, internal doors, window frames, sanitary fittings, and a basecoat of paint. This will allow flat buyers to move into their flat more quickly as less renovation works are required. With these provisions, HDB will not be offering the Optional Component Scheme (OCS) for PPVC flats.

Flat buyers who prefer to choose their own finishes/fittings can opt for non-PPVC flats, where OCS will continue to be offered. Separately, HDB will continue to offer the elderly fittings as an OCS package for elderly buyers of short-lease 2-room Flexi flats.

Sale of Balance Flats November 2017

Alongside the BTO exercise, HDB will offer 3,401 balance flats under the November 2017 SBF exercise. They comprise 759 units of 2-room Flexi, 692 units of 3-room, 1,407 units of 4-room, 460 units of 5-room, 76 units of 3Gen and 7 units of executive flats across various towns/estates.

The majority of the flats offered under the SBF exercise are reserved for first-timer families[3]. Eligible first-timer singles may also apply for a 2-room Flexi flat in non-mature towns.

SBF flats come in a wide range of flat types, locations and selling prices (see Table 2). About 39% are already completed and the rest are under construction. Similar to BTO flats, SBF flats are subsidised and priced considerably lower than the transacted prices of comparable resale flats in the vicinity. The pricing details and applicable ethnic quotas of the SBF flats offered are in Annex B.

Table 2: Summary of November 2017 SBF Prices

Flat TypeSelling Price
(Excluding Grants)
Selling Price
(Including Grants)^
Non-Mature Towns
2-Room Flexi
(99-year/ remaining lease)*
From $83,000From $5,000+
3-RoomFrom $151,000From $76,000
4-RoomFrom $221,000From $161,000
5-RoomFrom $296,000From $291,000
3GenFrom $332,000From $327,000
ExecutiveFrom $445,000
Mature Towns
2-Room Flexi
(99-year/ remaining lease)*
From $137,000From $97,000
3-RoomFrom $179,000From $159,000
4-RoomFrom $274,000From $269,000
5-RoomFrom $388,000
3GenFrom $448,000
Sale of Balance Flats November 2017
Town/ EstateFlat Application CategoryFlat SupplyEthnic QuotaSelling Price (Excluding Grants)Selling Price (Including Grants)
MalayChineseIndian/ Other Races
Non-Mature Towns/ Estates:
Bukit Batok2-room Flexi (short lease)146 (7*)114146106From $52,000From $7,000
2-room Flexi (99-year/ balance lease)10713999From $90,000From $10,000
3-room (income ceiling $6,000)73267330From $170,000From $95,000
3-room (income ceiling $12,000)6466From $233,000From $158,000
4-room12472124100From $270,000From $210,000
5-room (128 units)/ 3Gen (23 units)1519915178From $372,000From $367,000
Bukit Panjang2-room Flexi (short lease)7 (4*)676From $71,000From $26,000
2-room Flexi (99-year/ balance lease)232From $121,000From $41,000
3-room (income ceiling $6,000)4244From $201,000From $126,000
3-room (income ceiling $12,000)1111$187,000$112,000
4-room4444From $251,000From $191,000
5-room (4 units)/ Executive (1 unit)5445From $358,000From $353,000
Choa Chu Kang2-room Flexi (short lease)14 (6*)91412From $67,000From $22,000
2-room Flexi (99-year/ balance lease)486From $115,000From $35,000
3-room (income ceiling $6,000)105108From $168,000From $93,000
4-room28112824From $221,000From $161,000
5-room (14 units)/ Executive (1 unit)1512156From $315,000From $310,000
Hougang2-room Flexi (short lease)30 (24*)303028From $63,000From $18,000
2-room Flexi (99-year/ balance lease)666From $108,000From $28,000
3-room (income ceiling $6,000)20201919From $176,000From $101,000
3-room (income ceiling $12,000)2222From $203,000From $128,000
4-room51445045From $267,000From $207,000
5-room (7 units)/ 3Gen (1 unit)8888From $354,000From $349,000
Jurong East2-room Flexi (short lease)3 (2*)333From $82,000From $37,000
2-room Flexi (99-year/ balance lease)111$142,000$62,000
3-room (income ceiling $6,000)3032From $201,000From $126,000
4-room1111$297,000$237,000
5-room1111$378,000$373,000
Jurong West2-room Flexi (short lease)43 (28*)264028From $64,000From $19,000
2-room Flexi (99-year/ balance lease)81511From $110,000From $30,000
3-room (income ceiling $6,000)28142817From $177,000From $102,000
4-room26202622From $269,000From $209,000
5-room (22 units)/ 3Gen (25 units)/ Executive (1 unit)48304836From $332,000From $327,000
Punggol2-room Flexi (short lease)35 (6*)333535From $52,000From $7,000
2-room Flexi (99-year/ balance lease)272929From $91,000From $11,000
3-room (income ceiling $6,000)17121715From $187,000From $112,000
3-room (income ceiling $12,000)19161919From $202,000From $127,000
4-room84758482From $291,000From $231,000
5-room (37 units)/ Executive (1 unit)38353837From $343,000From $338,000
Sembawang2-room Flexi (short lease)20182020From $53,000From $8,000
2-room Flexi (99-year/ balance lease)From $90,000From $10,000
3-room (income ceiling $6,000)36233619From $151,000From $76,000
4-room392127392151From $239,000From $179,000
5-room60196020From $318,000From $313,000
Sengkang2-room Flexi (short lease)58 (9*)545857From $50,000From $5,000
2-room Flexi (99-year/ balance lease)474948From $86,000From $6,000
3-room (income ceiling $6,000)37283737From $168,000From $93,000
3-room (income ceiling $12,000)1071010From $219,000From $144,000
4-room53505348From $286,000From $226,000
5-room (28 units)/ 3Gen (4 units)/ Executive (3 units)35343434From $318,000From $313,000
Woodlands2-room Flexi (short lease)32 (14*)203224From $53,000From $8,000
2-room Flexi (99-year/ balance lease)121815From $92,000From $12,000
3-room (income ceiling $6,000)5395313From $151,000From $76,000
4-room59205937From $231,000From $171,000
5-room (53 units)/ 3Gen (5 units)58185832From $296,000From $291,000
Yishun2-room Flexi (short lease)36 (19*)283628From $49,000From $4,000
2-room Flexi (99-year/ balance lease)131714From $83,000From $5,000#
3-room (income ceiling $6,000)86388650From $161,000From $86,000
4-room19182191115From $241,000From $181,000
5-room (30 units)/ 3Gen (7 units)37303736From $342,000From $337,000
Mature Towns/ Estates:
Ang Mo Kio2-room Flexi (short lease)86 (25*)806447From $86,000From $64,000
2-room Flexi (99-year/ balance lease)565223From $150,000From $110,000
3-room1313813From $199,000From $179,000
4-room18181418From $451,000From $446,000
5-room (14 units)/ 3Gen (8 units)22222119From $493,000From $493,000
Bedok2-room Flexi (short lease)11 (10*)111111From $93,000From $71,000
2-room Flexi (99-year/ balance lease)111$195,000$155,000
3-room11111111From $224,000From $204,000
4-room24242424From $321,000From $316,000
5-room3333From $506,000From $506,000
Bishan2-room Flexi (short lease)1 *101$130,000$108,000
4-room2202From $481,000From $476,000
Bukit Merah2-room Flexi (short lease)70 (15*)705223From $109,000From $87,000
2-room Flexi (99-year/ balance lease)554412From $235,000From $195,000
3-room29292224From $259,000From $239,000
4-room28282225From $450,000From $445,000
5-room7717From $696,000From $696,000
Bukit Timah2-room Flexi (short lease)2 *211From $110,000From $88,000
5-room1101$645,000$645,000
Clementi2-room Flexi (short lease)1111$130,000$108,000
2-room Flexi (99-year/ balance lease)$227,000$187,000
3-room1010610From $204,000From $184,000
4-room1313913From $436,000From $431,000
5-room5545From $614,000From $614,000
Geylang2-room Flexi (short lease)9 (8*)877From $116,000From $94,000
2-room Flexi (99-year/ balance lease)111$164,000$124,000
3-room4444From $180,000From $160,000
4-room5555From $443,000From $438,000
Kallang / Whampoa2-room Flexi (short lease)20 (19*)191510From $119,000From $97,000
2-room Flexi (99-year/ balance lease)111$194,000$154,000
3-room21191613From $252,000From $232,000
4-room31312325From $402,000From $397,000
5-room1101$694,000$694,000
Marine Parade3-room1111$309,000$289,000
Pasir Ris2-room Flexi (short lease)7 (3*)473From $68,000From $46,000
2-room Flexi (99-year/ balance lease)142From $137,000From $97,000
3-room2122From $212,000From $192,000
4-room4144From $306,000From $301,000
5-room1011$393,000$393,000
Queenstown2-room Flexi (short lease)49 (6*)204814From $120,000From $98,000
2-room Flexi (99-year/ balance lease)14438From $235,000From $195,000
3-room52404125From $341,000From $321,000
4-room1428012752From $472,000From $467,000
5-room258243From $627,000From $627,000
Serangoon2-room Flexi (short lease)6 (5*)551From $73,000From $51,000
2-room Flexi (99-year/ balance lease)101$169,000$129,000
3-room2222From $184,000From $164,000
4-room1011$274,000$269,000
5-room1111$413,000$413,000
Tampines2-room Flexi (short lease)11 (9*)61111From $78,000From $56,000
2-room Flexi (99-year/ balance lease)022From $141,000From $101,000
3-room115117From $179,000From $159,000
4-room28162827From $282,000From $277,000
5-room (14 units)/ 3Gen (3 units)17121714From $388,000From $388,000
Toa Payoh2-room Flexi (short lease)62 (16*)624143From $93,000From $71,000
2-room Flexi (99-year/ balance lease)463129From $162,000From $122,000
3-room1311318288From $199,000From $179,000
4-room98987289From $395,000From $390,000
5-room4443From $566,000From $566,000
Total3,4012,2833,1702,243
Notes:
  • * For offer to elderly (aged 55 and above) only, and will be sold on a short lease of between 15 to 45 years.
  • Prices are rounded up to the next higher thousand dollars. Actual selling price of individual flats will vary based on location and other attributes.
  • Starting prices of short lease 2-room Flexi flats are based on 40-year lease. Buyers can refer to prices of individual flats on short lease in the ‘Flat Details’ tab.
  • ^ 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 Flexi flat. Eligible first-timer flat buyers can apply for housing grants of up to $80,000, comprising Additional CPF Housing Grant (AHG) of $40,000 and Special CPF Housing Grant (SHG) of $40,000. SHG is applicable only to 2-room Flexi, 3-room, and 4-room flats in the non-mature towns. For illustration purposes, the assumed total grants adopted for the above table are as follows:
    • 2-room Flexi flat: $80,000 in non-mature towns and $40,000 in mature towns
    • 3-room flat: $75,000 in non-mature towns and $20,000 in mature towns
    • 4-room flat: $60,000 in non-mature towns and $5,000 in mature towns
    • 5-room flat/ 3Gen flat: $5,000 in non-mature Towns

    The starting prices and assumed grant amounts are illustrative. The actual grant amount received will depend on buyers’ income, choice of flat type/ estate, and eligibility for housing grants. Read more on various CPF Housing Grants available.

  • # Buyers are required to pay at least 5% of the published price using their own CPF and/ or cash when the total housing grants (i.e. Additional CPF Housing Grant and Special CPF Housing Grant) that they can enjoy have exceeded 95% of the published price of flat. Excess housing grant, if any, can be used to pay for OCS items and premiums that singles and Singapore Citizen/ Singapore Permanent Resident households have to pay, before credited into buyer’s CPF SA/ RA and MA accounts.
  • Please refer to the ‘Flat Details’ tab to check the lease commencement date of each block. Some units (eg. repurchased/ repossessed flats or completed flats) would be sold on remaining lease which is less than 99 years.
  • The flats in Jurong East are grouped together with the flats in Jurong West for offer under ‘Jurong East/ West’, where applicable. For the administration of the Married Child Priority Scheme (MCPS), applicants may apply for MCPS if their parents/ married children are living in either Jurong East or West, or within 2 km from any of the blocks offered for sale.
  • Applicants with multi-generation households (e.g. married child applying together with parents) may book a 5-room, 3Gen, or Executive flat.

Application for new flats launched in the November 2017 BTO and SBF exercise can be submitted online on the HDB InfoWEB from today, 14 November 2017 (Tuesday) to 20 November 2017 (Monday). Applicants can apply for only one flat type/ category in one town under either the BTO or SBF exercise.

Applicants who wish to take up an HDB housing loan for their flat purchase need to produce a valid HDB Loan Eligibility (HLE) Letter when they book a flat. They are encouraged to apply for an HLE Letter early so that they can plan their flat purchase in advance. The HLE Letter will indicate the maximum loan that can be offered based on individuals’ financial situation. Applicants can check their loan eligibility and apply for an HLE letter at www.hdb.gov.sg/hleapply.

Advice for Flat Buyers

Applicants are encouraged to apply for a BTO flat in non-mature towns to enjoy a higher chance of success in securing a flat and more grants, including the SHG. Although SBF flats have a shorter waiting time to completion, the number of units offered in each town is usually small, and are likely to attract high application rates.

All the information on the BTO and SBF flats on offer is available on the HDB InfoWEB. The number of applications submitted for the various flat types/ towns will also be updated regularly on the HDB InfoWEB. Applicants are encouraged to check for updates before submitting their application.

For their own convenience, HDB would like to advise interested flat buyers to view the details of the flats online via the HDB InfoWEB. There is no need for them to make a trip down to HDB Hub.

Flat applications are not processed on a first-come, first-served basis. HDB will shortlist applicants using a computer ballot. Flat applicants have 7 days to consider and may submit their online application at any time before the closing date. They need not rush to put in their applications. More details on the application procedures can be found in Annex C.

More info

  • For Build-To-Order (BTO), indicate your choice of town/ estate and flat type here
  • For Sale of Balance Flats (SBF), indicate your choice of town/ estate and flat application category here

For enquiries, the public can:

Next BTO Launch in February 2018

In February 2018, HDB will offer about 3,600 flats in Choa Chu Kang, Geylang, Tampines and Woodlands. A concurrent ROF exercise will also be held. More information on the flats to be offered under the February 2018 BTO exercise is available on the HDB InfoWEB.

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