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FILED IN: Events, Housing, News

HDB Launches Mar 2012 SOBF Exercise & 8 BTO Projects 28 May – 3 Apr 2012

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Starts28 Mar 2012 (Wed)Ends3 Apr 2012 (Tue)
Location HDB

This month, HDB brings you generous servings of Build-To-Order and Sale of Balance Flats units. With 26 helpings of towns, 7978 units of homes and a large sprinkling of mature estates, the wide variety of homes on offer are all the right ingredients to create your ideal lifestyle.

Look forward to eight new Build-To-Order projects – Skyline I @ Bukit Batok, Skyline II @ Bukit Batok, Fajar Hills in Bukit Panjang, Clementi Ridges, MacPherson Residency in Geylang, Ping Yi Greens in Bedok, Golden Kismis in Bukit Timah and Golden Clover in Toa Payoh . Choose from 4,153 units of Studio Apartments, 2-, 3-, 4- and 5-room Premium and Standard flats.


(Images from HDB, data from HDB’s website and press release)

On top of that, 3,825 Sale of Balance Flats are also on offer in 26 different towns/estates. Pick from a range of Studio Apartments, 2-, 3-, 4-, 5-room and Executive Flats.

Besides placing continuing priority on first-timers, the bumper launch will seek to enhance the housing options for (a) second-time home-buyers, (b) married children and parents wanting to live with or near each other, (c) the elderly to age-in-place in a familiar environment, and (d) families preferring 2-room flats in mature estates.

24,153 units are new flats in 8 BTO projects and 3,825 are SBF flats in 26 towns and estates. Details of the sites and their prices are summarised in Annex A.

31,739 of the BTO flats in the mature estates and 3,609 SBF flats will render top priority for first-timers. 95% of these flats will be reserved for them.

For the 2,094 BTO flats in non-mature estates, we will triple the chance of securing a flat for second-timers from 5% to 15%. Correspondingly, the proportion of these flats reserved for first-timers will be reduced to 85%. Our projection suggests that the chances of first-timers will not be too greatly affected, after successive massive BTO launches in the past one year.

More Housing Options in Mature Estates

3,174 flats in this launch will be in mature estates. This includes 397 Studio Apartments (SA) and 366 units of 2-room flats. This will provide more choices for married children wanting to stay near their parents, elderly seeking to right-size in the same town/estate, and families preferring 2-room flats in mature estates.

Helping married children and parents live with or near each other

First, we are introducing the first Multi-Generation Priority Scheme (MGPS) at Ping Yi Greens in Bedok. MGPS gives priority allocation to married children and their parents who jointly apply to live near each other. Married children can apply under MGPS to buy a 2-room, 3-room or 4-room flat at Ping Yi Greens, while their parents apply to buy a 2-room flat in the same project.

Second, we have enhanced the Married Child Priority Scheme (MCPS) to increase the number of ballot chances a married child receives if he applies to live with his parents. He will now receive six ballot chances if he is a first-timer, and three ballot chances if he is a second-timer.

Helping Elderly to Age-in-Place in a Familiar Environment

We are introducing the Ageing-in-Place Priority Scheme (APPS) to give priority to seniors living in the same town/estate or within 2km of the project they apply for. They will receive two ballot chances, instead of one. If they are also applying to live near their married child under MCPS, they will receive four balloting chances altogether.

Helping Some Families Access 2R flats

We are raising the income ceiling for 2-room flats in mature towns/estates from $2,000 to $5,000 per month. This provides an additional housing option for households who prefer to live in mature estates, but whose monthly income exceeds $2,000. (The income ceiling for 2-room flats in non-mature estates will remain at $2,000 to safeguard these flats for low-income families.)

Meeting Genuine Housing Needs

HDB has ramped up flat supply substantially to meet housing needs, some 50,000 units in two years. If demand persists, we will continue to build more.

To protect the interest of serious home buyers, we need to ensure that the flats are only allocated to serious buyers. That is why we require buyers to pay a non-refundable booking fee when they select a unit and a 10% downpayment when they sign the agreement. To further discourage buyers who book a flat but subsequently cancel their booking, we will not allow such applicants to apply or be included as an essential occupier for a new HDB flat/DBSS flat/Executive Condominium unit or a resale flat with housing grants, within one year from the date of cancellation. This requirement will however be waived in exceptional circumstances beyond the control of the applicants.

Advice for Flat Buyers

Applicants are strongly advised to apply for a BTO flat in non-mature towns/estates to enjoy a higher chance of success in securing a flat. While SBF flats have a shorter waiting time to completion, their number in each town is small and are likely to attract high application rates.

We will provide regular updates on the number of applications submitted for the different flat types/estates on the HDB InfoWEB. Applicants should check the HDB website for updates before submitting their application.

Next BTO Launch

In May 2012, HDB will be offering 4,640 BTO flats for sale in Choa Chu Kang, Kallang Whampoa, Punggol and Sengkang. Information on the upcoming May 2012 BTO launch is available on the HDB InfoWEB.

Pricing of Flats Offered Under BTO

HDB will offer a total of 4,153 new flats in eight BTO projects. They are located in Bedok, Bukit Batok, Bukit Panjang, Bukit Timah, Clementi, Geylang, and Toa Payoh. Details of the flats offered are in Annex A1 (PDF 3462KB).

BTO Prices:

ProjectFlat TypeSelling Price (excluding Grants)Selling Price
(inclusive of Grants)
Non-Mature Towns/Estates
Fajar Hills (PDF 806KB)3-roomFrom $144,000From $109,000
4-roomFrom $240,000From $225,000
5-roomFrom $306,000From $296,000
Skyline I @ Bukit Batok & Skyline II @ Bukit Batok (PDF 591KB)3-roomFrom $200,000From $170,000
4-roomFrom $301,000From $286,000
5-roomFrom $408,000From $398,000
Mature Towns/Estates
Clementi Ridges (PDF 383KB)3-roomFrom $322,000From $292,000
4-roomFrom $438,000From $423,000
5-roomFrom $550,000From $540,000
Golden Clover (PDF 1038KB)Studio ApartmentsFrom $94,000-
Golden Kismis (PDF 823KB)Studio ApartmentsFrom $104,000-
Ping Yi Greens (PDF 404KB)2-roomFrom $174,000From $134,000
3-roomFrom $281,000From $251,000
4-roomFrom $400,000From $385,000
MacPherson Residency (PDF 634KB)3-roomFrom $285,000From $255,000
4-roomFrom $417,000From $402,000

Note:

  • For 2-room flats, assumed Additional CPF Housing Grant (AHG) of $40,000 and Special CPF Housing Grant (SHG) of $20,000
  • For 3-room flats, assumed AHG of $30,000 and SHG of $5,000- For 4-room flats, assumed AHG of $15,000
  • For 5-room flats, assumed AHG of $10,000- SHG applicable only to 2-Room and 3-Room Standard flats in the non-mature estates.
  • Actual Grant amounts will vary based on income and choice of flat. Read more on various CPF Housing Grants available

Sale of Balance Flat (SOBF)

HDB will offer 3,825 flats under the SBF. These flats are scattered over 26 towns/estates (15 mature and 11 non-mature towns/estates). See details in Annex A2 (PDF 77KB).

Some of these flats are completed and ready for occupation, while others are close to completion. The prices of the SBF flats are shown in Table 2.

Sale of Balance Flats Prices:

TownsFlat-TypeSelling Price (excluding Grants)Selling Price
(inclusive of Grants)
Non-Mature Towns/Estates
Bukit Batok3-roomFrom $211,000From $176,000
4-roomFrom $264,000From $249,000
5-roomFrom $354,000From $344,000
ExecFrom $496,000-
Bukit Panjang2-roomFrom $101,000From $41,000
3-roomFrom $165,000From $130,000
4-roomFrom $234,000From $219,000
5-roomFrom $322,000From $312,000
ExecFrom $420,000-
Choa Chu KangStudio ApartmentFrom $78,000-
2-roomFrom $94,000From 34,000
3-roomFrom $166,000From $131,000
4-roomFrom $226,000From $211,000
5-roomFrom $319,000From $309,000
ExecFrom $441,000-
HougangStudio ApartmentFrom $81,000-
2-roomFrom $112,000From $52,000
3-roomFrom $165,000From $130,000
4-roomFrom $285,000From $270,000
5-roomFrom $401,000From $391,000
ExecFrom $465,000-
Jurong EastStudio ApartmentFrom $121,000-
2-roomFrom $125,000From $65,000
3-roomFrom $151,000From $116,000
4-roomFrom $262,000From $247,000
5-roomFrom $314,000From $304,000
ExecFrom $530,000-
Jurong WestStudio ApartmentFrom $92,000-
3-roomFrom $171,000From $136,000
4-roomFrom $269,000From $254,000
5-roomFrom $312,000From $302,000
ExecFrom $405,000-
PunggolStudio ApartmentFrom $87,000-
2-roomFrom $107,000From $47,000
3-roomFrom $176,000From $141,000
4-roomFrom $289,000From $274,000
5-roomFrom $386,000From $376,000
Sembawang2-roomFrom $88,000From $28,000
3-roomFrom $148,000From $113,000
4-roomFrom $256,000From $241,000
5-roomFrom $354,000From $344,000
ExecFrom $435,000-
Sengkang2-roomFrom $87,000From $27,000
3-roomFrom $156,000From $121,000
4-roomFrom $268,000From $253,000
5-roomFrom $332,000From $322,000
ExecFrom $475,000-
WoodlandsStudio ApartmentFrom $73,000-
2-roomFrom $82,000From $22,000
3-roomFrom $154,000From $119,000
4-roomFrom $235,000From $220,000
5-roomFrom $316,000From $306,000
ExecFrom $456,000-
YishunStudio ApartmentFrom $75,000-
2-roomFrom $107,000From $47,000
3-roomFrom $174,000From $139,000
4-roomFrom $224,000From $209,000
5-roomFrom $318,000From $308,000
ExecFrom $452,000-
Mature Towns/Estates
Ang Mo KioStudio ApartmentFrom $104,000-
2-roomFrom $185,000From $145,000
3-roomFrom $189,000From $159,000
4-roomFrom $334,000From $319,000
5-roomFrom $439,000From $429,000
BedokStudio ApartmentFrom $126, 000-
3-roomFrom $212,000From $182,000
4-roomFrom $296,000From $281,000
5-roomFrom $377,000From $367,000
ExecFrom $488,000-
Bishan4-roomFrom $327,000From $312,000
5-roomFrom $492,000From $482,000
ExecFrom $604,000-
Bukit MerahStudio ApartmentFrom $139, 000-
2-roomFrom $237,000From $197,000
3-roomFrom $266,000From $236,000
4-roomFrom $339,000From $324,000
5-roomFrom $554,000From $544,000
Bukit Timah4-roomFrom $445,000From $430,000
5-roomFrom $588,000From $578,000
Central4-roomFrom $414,000From $399,000
5-roomFrom $504,000From $494,000
Clementi2-roomFrom $196,000From $156,000
3-roomFrom $285,000From $255,000
4-roomFrom $349,000From $334,000
5-roomFrom $515,000From $505,000
ExecFrom $660,000-
GeylangStudio ApartmentFrom $129,000-
3-roomFrom $188,000From $158,000
4-roomFrom $287,000From $272,000
5-roomFrom $694,000From $684,000
Kallang Whampoa3-roomFrom $231,000From $201,000
4-roomFrom $306,000From $291,000
5-roomFrom $490,000From $480,000
Marine Parade4-roomFrom $404,000From $389,000
Pasir RisStudio ApartmentFrom $83,000-
3-roomFrom $191,000From $161,000
4-roomFrom $299,000From $284,000
5-roomFrom $379,000From $369,000
ExecFrom $485,000-
QueenstownStudio ApartmentFrom $159,000-
2-roomFrom $219,000From $179,000
3-roomFrom $267,000From $237,000
4-roomFrom $505,000From $490,000
5-roomFrom $658,000From $648,000
ExecFrom $740,000-
Serangoon3-roomFrom $278,000From $248,000
4-roomFrom $257,000From $242,000
5-roomFrom $386,000From $376,000
ExecFrom $545,000-
TampinesStudio ApartmentFrom $126,000-
2-roomFrom $155,000From $115,000
3-roomFrom $180,000From $150,000
4-roomFrom $281,000From $266,000
5-roomFrom $393,000From $383,000
ExecFrom $500,000-
Toa PayohStudio ApartmentFrom $109,000-
3-roomFrom $217,000From $187,000
4-roomFrom $282,000From $267,000
5-roomFrom $458,000From $448,000
ExecFrom $620,000-

Note:

  • For 2-room flats, assumed Additional CPF Housing Grant (AHG) of $40,000 and Special CPF Housing Grant (SHG) of $20,000
  • For 3-room flats, assumed AHG of $30,000 and SHG of $5,000
  • For 4-room flats, assumed AHG of $15,000
  • For 5-room flats, assumed AHG of $10,000
  • SHG applicable only to 2-Room and 3-Room Standard flats in the non-mature estates.
  • Actual Grant amounts will vary based on income and choice of flat. Read more on various CPF Housing Grants available

Sale of Balance Flats Detailed Table

Town / Estate Flat Application CategoryFlat
Supply
Ethnic QuotaSelling Price (Excluding
Grants)
Selling Price (Inclusive of
Grants)
MalayChineseIndian /
Other Races
Non-Mature Towns/Estates:
Bukit Batok 3-room Standard109106From $211,000From $176,000
4-room16151614From $264,000From $249,000
5-room (4 units) / Executive (3 units)7777From $354,000From $344,000
Bukit Panjang 2-room140143From $101,000From $41,000
3-room Standard2862813From $165,000From $130,000
3-room Premium (2 units) / 4-room (55 units)57545756From $202,000From $172,000
5-room (14 units) / Executive (2 units)16151616From $322,000From $312,000
Choa Chu Kang Studio Apartment24202417From $78,000-
2-room380380From $94,000From $34,000
3-room Standard42114210From $166,000From $131,000
4-room35333531From $226,000From $211,000
5-room (26 units) / Executive (9 units)35353529From $319,000From $309,000
Hougang Studio Apartment480480From $81,000-
2-room5050From $112,000From $52,000
3-room Standard48104810From $165,000From $130,000
4-room47474743From $285,000From $270,000
5-room (6 units) / Executive (10 units)16161413From $401,000From $391,000
Jurong East Studio Apartment3333From $121,000-
2-room123126From $125,000From $65,000
3-room Standard2016202From $151,000From $116,000
4-room8777From $262,000From $247,000
5-room (12 units) / Executive (1 unit)13131313From $314,000From $304,000
Jurong West Studio Apartment1111From $92,000-
3-room Standard45184520From $171,000From $136,000
4-room43414337From $269,000From $254,000
5-room (37 units) / Executive (10 units)47474742From $312,000From $302,000
Punggol Studio Apartment23232323From $87,000-
2-room1594815334From $107,000From $47,000
3-room Standard82678162From $176,000From $141,000
3-room Premium (13 units) /
4-room (349 units)
362348353346From $214,000From $184,000
5-room54535254From $386,000From $376,000
Sembawang 2-room330330From $88,000From $28,000
3-room Standard163164From $148,000From $113,000
4-room29272919From $256,000From $241,000
5-room (6 units) / Executive (3 units)9999From $354,000From $344,000
Sengkang 2-room1253812529From $87,000From $27,000
3-room Standard42404241From $156,000From $121,000
3-room Premium (3 units) /
4-room (153 units)
156154154154From $210,000From $180,000
5-room (33 units) / Executive (9 units)42424141From $332,000From $322,000
Woodlands Studio Apartment27142715From $73,000-
2-room2806628042From $82,000From $22,000
3-room Standard4394316From $154,000From $119,000
3-room Premium (25 units) /
4-room (66 units)
91609172From $170,000From $140,000
5-room (31 units) / Executive (9 units)40354040From $316,000From $306,000
Yishun Studio Apartment13121310From $75,000-
2-room1243112417From $107,000From $47,000
3-room Standard53405345From $174,000From $139,000
4-room190181187162From $224,000From $209,000
5-room (37 units) / Executive (2 units)39333930From $318,000From $308,000
Mature Towns/Estates:
Ang Mo Kio Studio Apartment7777From $104,000-
2-room1111From $185,000From $145,000
3-room (57 units) / 4-room (54 units)11111068106From $189,000From $159,000
5-room1212312From $439,000From $429,000
Bedok Studio Apartment1111From $126,000-
3-room (13 units) / 4-room (25 units)38363538From $212,000From $182,000
5-room (9 units) / Executive (2 units)11111011From $377,000From $367,000
Bishan 4-room1818015From $327,000From $312,000
5-room (7 units) / Executive (3 units)101008From $492,000From $482,000
Bukit Merah Studio Apartment12121112From $139,000-
2-room100669613From $237,000From $197,000
3-room (15 units) / 4-room (26 units)41413636From $266,000From $236,000
5-room7474774From $554,000From $544,000
Bukit Timah 4-room3303From $445,000From $430,000
5-room2202From $588,000From $578,000
Central 4-room (2 units) / S1 apt (24 units)26262323From $414,000From $399,000
5-room (1 unit) / S2 apt (22 units)23231722From $504,000From $494,000
Clementi 2-room18181817From $196,000From $156,000
3-room (6 units) / 4-room (18 units)24232122From $285,000From $255,000
5-room (3 units) / Executive (1 unit)4424From $515,000From $505,000
Geylang Studio Apartment2222From $129,000-
3-room (10 units) / 4-room (38 units)48394543From $188,000From $158,000
5-room2202From $694,000From $684,000
Kallang/
Whampoa
3-room (18 units) / 4-room (9 units)27272227From $231,000From $201,000
5-room3332From $490,000From $480,000
Marine Parade 4-room2222From $404,000From $389,000
Pasir Ris Studio Apartment50285016From $83,000-
3-room (1 unit) / 4-room (19 units)20132017From $191,000From $161,000
5-room (18 units) / Executive (17 units)35333530From $379,000From $369,000
Queenstown Studio Apartment1111From $159,000-
2-room1429813850From $219,000From $179,000
3-room (14 units) / 4-room (28 units)42423642From $267,000From $237,000
5-room (11 units) / Executive (2 units)1313913From $658,000From $648,000
Serangoon 3-room (1 unit) / 4-room (26 units)27272225From $257,000From $242,000
5-room (11 units) / Executive (6 units)17171515From $386,000From $376,000
Tampines Studio Apartment2222From $126,000-
2-room7071From $155,000From $115,000
3-room (17 units) / 4-room (50 units)67546754From $180,000From $150,000
5-room (26 units) / Executive (19 units)45394542From $393,000From $383,000
Toa Payoh Studio Apartment2222From $109,000-
3-room (3 units) / 4-room (15 units)1818617From $217,000From $187,000
5-room (6 units) / Executive (1 unit)7737From $458,000From $448,000
Total3,8252,7273,5712,503

Notes:

  • Prices are rounded up to the next higher thousand. Actual selling prices of individual flats may vary according to location and other attributes.
  • For 2-room flats, assumed Additional CPF Housing Grant (AHG) of $40,000 and Special CPF Housing Grant (SHG) of $20,000; for 3-room flats, assumed AHG of $30,000 and SHG of $5,000; for 4-room flats, assumed AHG of $15,000; for 5-room flats, assumed AHG of $10,000.
  • The eligibility conditions for the AHG and SHG are: (a) first-timer household; (b) applicant is employed when applying for a flat; (c) average monthly household income of up to $5,000 (for AHG) or up to $2,250 (for SHG) in the preceding one year of the flat application; and (d) SHG is applicable only for purchase of a 2/3-room standard flat in the non-mature estates.

Application & Enquiries for Mar 12 Sales Exercises

Applications for the new flats launched today can be submitted online from 28 Mar 2012 (Wednesday) to 3 Apr 2012 (Tuesday). Applicants can apply for only one flat type/category in one town under either the BTO or the SBF Exercise.

More details on the new housing measures starting this launch can be found in Annex B (PDF 34KB) and application procedures can be found in Annex C (PDF 47KB). For enquiries, the public can :

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

See image for more details

Click on thumbnail[s] to enlarge.

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One Comment

  1. peter giam says:

    Pls elaborate , why Studio Appartm is so expensive , base on a thirty years tenure ?

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