HDB Launches Mar 2013 Four BTO Projects 21 – 27 Mar 2013 UPDATED 22 Mar 2013

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Starts21 Mar 2013 (Thu)Ends27 Mar 2013 (Wed)
Location HDB

HDB has launched four Build-To-Order (BTO) projects for its March 2013 BTO, offering 3,898 new flats in three non-mature towns, namely Bukit Batok, Punggol, and Sengkang.

A wide variety of flats, including Studio Apartments (SA) and 2-/3-/4-/5-Room flats were offered. For 2013 as a whole, HDB will launch a total of 25,000 BTO flats.

First-timers will continue to enjoy priority flat allocation, with at least 85% of the BTO flat supply set aside for them. Of the 85% quota, 30% of the BTO flat supply will be set aside for HDB first-timer married couples with a citizen child aged below 16 years old, under the Parenthood Priority Scheme.

In addition, the Multi-Generation Priority Scheme (MGPS) is available to those applying for flats at Compassvale Cape, Compassvale Helm, and SkyPeak @ Bukit Batok. Elderly flat owners currently living in Sengkang Town will also enjoy doubled balloting chances under the Ageing-In-Place Priority Scheme (APPS) if they apply for a Studio Apartment in Compassvale Cape or Compassvale Helm.

Eligible first-timer households can enjoy up to $60,000 of housing grants, comprising the Additional CPF Housing Grant ($40,000) and Special CPF Housing Grant ($20,000). With these grants, 2-room and 3-room flats will be priced from as low as $57,000 and $159,000, while 4-room flats start from $269,000. This will enable young couples to buy their first home (Table 1).

ProjectFlat TypeSelling Price (excluding Grants)Selling Price
(inclusive of Grants)
Non-Mature Towns/Estates
Compassvale CapeStudio ApartmentFrom $88,000
3-roomFrom $189,000From $159,000
4-roomFrom $284,000From $269,000
5-roomFrom $365,000From $355,000
Compassvale HelmStudio ApartmentFrom $88,000
4-roomFrom $304,000From $289,000
5-roomFrom $372,000From $362,000
Matilda Portico4-roomFrom $294,000From $279,000
5-roomFrom $363,000From $353,000
SkyPeak @ Bukit Batok2-roomFrom $117,000From $57,000
3-roomFrom $209,000From $174,000
4-roomFrom $294,000From $279,000
5-roomFrom $411,000From $401,000
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 the various housing grants available.
– Studio Apartments are sold on a 30-year lease. Prices are inclusive of the elderly-friendly fittings/finishes.
– 2-/3-/4-/5-room flats are sold on a 99-year lease.

Compassvale

Housing DevelopmentFlat TypeFloor Area (sqm)Internal Floor
Area (sqm)
No. of UnitsIndicative Price Range ($)
Compassvale Cape
(Premium Flats)
Studio Apartment373584$88,000 – $95,000
474584$108,000 – $120,000
3-Room6865196$189,000 – $227,000
4-Room93 -9690 – 93588$284,000 – $361,000
5-Room113- 116110 – 113448$365,000 – $454,000
Compassvale Helm
(Standard Flats)
Studio Apartment373567$88,000 – $96,000
47 – 484571$112,000 – $121,000
4-Room9290253$304,000 – $355,000
5-Room112 – 113110207$372,000 – $440,000
Notes:
(a) Floor area refers to the estimated area of the whole apartment, inclusive of the area of air-conditioner ledge.
(b) Internal floor area refers to the estimated area of the apartment computed based on the centre line of the apartment wall.
(c) The indicative prices do not include the cost of optional components. Actual selling prices will vary according to the attributes of the individual units at the time of selection.
(d) Studio Apartments are sold on 30-year lease. Prices are inclusive of the elderly-friendly fittings/finishes.
(e) 3-/4-/5-room flats are sold on a 99-year lease.

Matilda Portico

Flat TypeFloor Area (sqm)Internal Floor
Area (sqm)
No. of UnitsIndicative Price Range ($)
4-Room9290251$294,000 – $348,000
5-Room112110219$363,000 – $428,000
Notes:
(a) Floor area refers to the estimated area of the whole apartment, inclusive of the area of air-conditioner ledge.
(b) Internal floor area refers to the estimated area of the apartment computed based on the centre line of the apartment wall.
(c) The indicative prices do not include the cost of optional components. Actual selling prices will vary according to the attributes of the individual units at the time of selection.
(d) 4-/5-room flats are sold on 99-year lease.

SkyPeak @ Bukit Batok

Flat TypeFloor Area (sqm)Internal Floor
Area (sqm)
No. of UnitsIndicative Price Range ($)
2-Room4745100$117,000 – $159,000
3-Room6865110$209,000 – $255,000
4-Room92 – 9390790$294,000 – $412,000
5-Room113110430$411,000 – $532,000
Notes:
(a) Floor area refers to the estimated area of the whole apartment, inclusive of the area of air-conditioner ledge.
(b) Internal floor area refers to the estimated area of the apartment computed based on the centre line of the apartment wall.
(c) The indicative prices do not include the cost of optional components. Actual selling prices will vary according to the attributes of the individual units at the time of selection.
(d) 2-/3-/4-/5-room flats are sold on 99-year lease.

APPLICATION FOR MAR 2013 BTO EXERCISE

Flat applications can be submitted online at www.hdb.gov.sg/esales from 21 Mar 2013 (Thursday) to 27 Mar 2013 (Wednesday). Applicants can apply for one flat type in one town only.

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.

More details on application procedures can be found in Annex B (PDF 133KB).

BTO-CUM-SBF LAUNCH IN MAY 2013

In May 2013, HDB will offer 4,850 BTO flats in Choa Chu Kang, Hougang, Jurong West, Sembawang, and Woodlands. An additional 3,000 flats will be launched in a concurrent Sales of Balance Flats (SBF) exercise. Hence, watch out for the next HDB Sales of Balance Flats Exercise on May 2013!

More information on the flats offered under the May 2013 BTO exercise is available on the HDB InfoWEB.

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