HDB May 2015 SOBF Exercise & Four BTO Projects Launch 27 May – 2 Jun 2015 UPDATED 27 May 2015

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Starts27 May 2015 (Wed)Ends2 Jun 2015 (Tue)
Location HDB

HDB will be having a flats launch of 9000 flats across 24 towns/estates as well as the next next Sale Of Balance Flats during the period

Apply online from 27 May – 2 Jun 2015

The Sale of Balance Flats excercise will feature flats located at Choa Chu Kang, Clementi, Bedok, Woodlands, Punggol, Geylang, Toa Payoh, Yishun, Sembawang, Hougang, Serangoon, Kallang/Whampoa, Bishan, Jurong West, Sengkang, Jurong East, Bukit Batok, Queenstown, Bukit Panjang, Bukit Timah, Pasir Ris, Ang Mo Kio, Tampines and Bukit Merah

Four BTO Flats will be launched at

  • Clementi 380 Flats consisting of 4-, 5-room (named Clementi Crest)
  • Punggol 1,400 Flats consisting of 2-, 3-, 4-, 5-room (named Northshore Residences I, Northshore Residences II)
  • Sembawang 1,050 Flats consisting of 2-, 3-, 4-room (named Eastlink One @ Canberra, Eastlink Two @ Canberra)
  • Tampines 1,210 Flats consisting of Studio Apartment, 3-,4-, 5-room, 3Gen (named Tampines GreenWeave)
TownFlat MixEstimated No. of New Flats
Clementi4R & 5R380
Punggol2R, 3R, 4R & 5R1400
Sembawang2R, 3R & 4R1050
TampinesStudio Apartment,
3R, 4R, 5R &
3Gen
1210

Update 27 May

Click on a link to jump to a specific section

  1. Update 27 May
    1. Wide Range of Flats for Different Needs and Budgets; Eligible First-timers Enjoy Grants of up to $60,000
      1. May 2015 BTO Exercise
      2. First-timers
    2. May 2015 SBF Exercise
    3. Advice for Flat Buyers
    4. Application for May 2015 BTO cum SBF Exercise
    5. Next BTO Launch in Aug 2015

HDB has launched 9,431 new flats for sale in 24 HDB towns/estates under the May 2015 joint Build-To-Order (BTO) cum Sale of Balance Flats (SBF) exercise. This is HDB’s largest joint BTO cum SBF exercise so far. With housing grants, the selling prices of 2-room, 3-room, 4-room and 5-room flats start from $15,000, $102,000, $203,000 and $354,000 respectively.

The May 2015 BTO exercise will offer 4,044 BTO flats across four projects in the non-mature towns of Punggol and Sembawang, and two projects in the mature towns of Clementi and Tampines. The first homes at Northshore District, with smart technologies found within the projects, are also launched today.

This is the second BTO launch for 2015, bringing the total number of BTO flats offered this year to 8,039 units. Together with the 5,387 balance flats offered in this exercise, HDB has offered a total of 13,426 flats for sale in the first half of 2015, to meet the housing needs of Singaporeans.

Wide Range of Flats for Different Needs and Budgets; Eligible First-timers Enjoy Grants of up to $60,000

May 2015 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.

Eligible first-timer families 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 $15,000, $102,000, $203,000 and $354,000 respectively.

New HDB flats are priced with a generous subsidy, taking into account factors such as location, flat attributes, project design 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).

May 2015 BTO Prices

TownProject(s)Flat
Type#
Transacted Prices of Resale Flats in the Vicinity&Selling Price (Excluding Grants@)Selling Price
(Including Grants^)
Non-Mature Towns/Estates
SembawangEastLink I & II @ Canberra (JPG 455KB)2-room*From $75,000From $15,000
3-roomFrom $152,000From $102,000
4-room$370,000 – $400,000From $238,000From $203,000
PunggolNorthshore Residences I & II (JPG 491KB)2-room*From $88,000From $28,000
3-roomFrom $182,000From $132,000
4-room$420,000 – $460,000From $284,000From $249,000
5-room$495,000 – $533,000From $364,000From $354,000
Mature Towns/Estates
TampinesTampines GreenWeave (JPG 400KB)Studio ApartmentFrom $86,000
3-roomFrom $183,000From $153,000
4-room$380,000 – $483,000From $281,000From $266,000
5-room$518,000 – $560,000From $375,000From $365,000
3GenFrom $378,000From $368,000
ClementiClementi Crest (JPG 423KB)4-room$525,000 – $710,000From $478,000From $463,000
5-room$665,000 – $750,000From $576,000From $566,000

Note:

* 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.

& Details on the respective resale comparables in the vicinity for each BTO project can be found on the HDB e-Sales website. The differences in attributes between the resale comparables and the BTO flats should be taken into account when making a comparison.

# Studio Apartments are sold on a 30-year lease, beginning from the date of key collection. Prices are inclusive of the elderly-friendly fittings/finishes. 2-/3-/4-/5-room and 3Gen flats are sold on a 99-year lease.

@ Singles who apply for the 2-room flats under the Single Singapore Citizen Scheme will pay $15,000 more than 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.

May 2015 BTO Flat Supply and Pricing Details

ProjectsFlat TypeEstimated Floor Area * (sqm)Estimated Internal Floor Area ^ (sqm)No. of unitsIndicative #
Price Range
Non-Mature Towns/Estates
EastLink I & II @ Canberra2-room@3836120$75,000 – $100,000
4745283$93,000 – $123,000
3-room6865255$152,000 – $188,000
4-room92 – 9590 – 93383$238,000 – $302,000
Northshore Residences I & II2-room@3836126$88,000 – $113,000
4745420$111,000 – $134,000
3-room6765112$182,000 – $211,000
4-room9492519$284,000 – $350,000
5-room112110225$364,000 – $439,000
Mature Towns/Estates
Tampines GreenWeaveStudio
Apartment +
3836112$86,000 – $91,000
4745112$102,000 – $111,000
3-room686580$183,000 – $224,000
4-room9390465$281,000 – $342,000
5-room113110391$375,000 – $446,000
3Gen12011556$378,000 – $449,000
Clementi Crest4-room9390229$478,000 – $621,000
5-room113110156$576,000 – $725,000

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 A1(4) for details on the Optional Component Scheme.
4) + Studio Apartments are sold on a 30-year lease, beginning from the date of key collection. Prices are
inclusive of the elderly-friendly fittings/finishes.
5) @ Singles who apply for the 2-room flats under the Single Singapore Citizen Scheme will pay $15,000 more than married couples.

First-timers

First-timers will continue to enjoy priority flat allocation1 . Married/courting couples who wish to live together with their parent(s) can apply for a 3Gen flat at Tampines GreenWeave. Other multi-generation families who wish to live near each other in the same BTO project can apply for flats in Northshore Residences I & II, EastLink I @ Canberra, EastLink II @ Canberra or Tampines GreenWeave under the Multi-Generation Priority Scheme2 (MGPS).

1 At least 85% (for 4-room and 5-room flats) and 70% (for 2-room and 3-room flats) of the BTO public flat supply in the non-mature towns are set aside for first-timers. For flats in the mature town of Clementi and Tampines, at least 95% of the public flat supply will be set aside for FTs.

2 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.

As announced by Minister Khaw Boon Wan during the Committee of Supply 2015 debate, with effect from the May 2015 BTO exercise, up to 50% of the 2-room flats in the non-mature estates in each BTO launch will be set aside for singles, up from 30%. The higher quota will help provide greater assurance to singles and reduce the demand backlog.

May 2015 SBF Exercise

HDB will offer 5,387 balance flats in 11 non-mature and 13 mature towns/estates under the May 2015 SBF exercise. They comprise 227 SAs, 272 units of 2-room, 1,892 units of 3-room, 2,091 units of 4-room, 862 units of 5-room, 32 units of 3Gen and 11 units of executive flats.

Flats offered under the SBF exercise are reserved for families. At least 95% of the supply of balance flats (excluding SAs) will be set aside for first-timers. In addition, 50% of the SAs will be set aside for eligible elderly flat applicants under the Studio Apartment Priority Scheme (SAPS), which enable them to age-in-place in the town of their current home, or near their married children.

SBF flats come in a wide range of flat types, locations and selling prices (see Table 2). About 27% are already completed, while the remaining 73% are under construction. Similar to BTO flats, SBF flats are also priced with a generous subsidy, considerably lower than transacted prices of comparable resale flats in the vicinity.

Summary of May 2015 SBF Prices

Flat Type#Selling Price
(Excluding Grants)
Selling Price
(Including Grants)^
Non-Mature Towns/Estates
Studio ApartmentFrom $73,000#
2-RoomFrom $84,000From $24,000
3-RoomFrom $142,000From $92,000
4-RoomFrom $233,000From $198,000
5-RoomFrom $308,000From $298,000
3GenFrom $330,000From $320,000
ExecutiveFrom $418,000
Mature Towns/Estates
Studio ApartmentFrom $87,000#
2-RoomFrom $126,000From $86,000
3-RoomFrom $183,000From $153,000
4-RoomFrom $311,000From $296,000
5-RoomFrom $368,000From $358,000
ExecutiveFrom $530,000

Note:
1) ^ The assumed housing grants are meant for applicants applying as a family nucleus. 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)
      i) 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.

2) # SAs are sold on a 30-year lease, beginning from the date of key collection. Prices are inclusive of the elderly-friendly fittings/finishes.

3) Please refer to esales.hdb.gov.sg to check the lease commencement date of each block

May 2015 SBF Prices

ProjectFlat TypeSelling Price (excluding Grants)Selling Price (inclusive of Grants)
Non-Mature Towns/Estates
Bukit BatokStudio ApartmentFrom $115,000
2-roomFrom $131,000From $71,000
3-roomFrom $191,000From $141,000
4-roomFrom $291,000From $256,000
5-roomFrom $377,000From $367,000
Executive (1 unit)$499,000
Bukit PanjangStudio ApartmentFrom $82,000
2-roomFrom $104,000From $44,000
3-roomFrom $171,000From $121,000
4-roomFrom $250,000From $215,000
5-roomFrom $328,000From $318,000
Executive (1 unit)$495,000
Choa Chu KangStudio ApartmentFrom $73,000
2-roomFrom $115,000From $55,000
3-roomFrom $142,000From $92,000
4-roomFrom $243,000From $208,000
5-roomFrom $308,000From $298,000
Executive (1 unit)$495,000
HougangStudio ApartmentFrom $83,000
2-room (1 unit)$116,000$56,000
3-roomFrom $174,000From $124,000
4-roomFrom $282,000From $247,000
5-roomFrom $359,000From $349,000
Jurong EastStudio ApartmentFrom $91,000
2-room (1 unit)$145,000$85,000
3-roomFrom $184,000From $134,000
4-roomFrom $298,000From $263,000
Jurong WestStudio ApartmentFrom $87,000
2-roomFrom $124,000From $64,000
3-roomFrom $166,000From $116,000
4-roomFrom $266,000From $231,000
5-roomFrom $340,000From $330,000
3GenFrom $380,000From $370,000
ExecutiveFrom $418,000
PunggolStudio ApartmentFrom $85,000
2-roomFrom $96,000From $36,000
3-roomFrom $171,000From $121,000
4-roomFrom $268,000From $233,000
5-roomFrom $357,000From $347,000
3GenFrom $440,000From $430,000
Sembawang2-roomFrom $115,000From $55,000
3-roomFrom $198,000From $148,000
4-roomFrom $269,000From $234,000
5-room (1 unit)$355,000$345,000
SengkangStudio ApartmentFrom $78,000
2-roomFrom $114,000From $54,000
3-roomFrom $170,000From $120,000
4-roomFrom $269,000From $234,000
5-roomFrom $330,000From $320,000
3GenFrom $379,000From $369,000
Executive (1 unit)$560,000
WoodlandsStudio ApartmentFrom $73,000
2-roomFrom $84,000From $24,000
3-roomFrom $148,000From $98,000
4-roomFrom $233,000From $198,000
5-roomFrom $318,000From $308,000
3GenFrom $330,000From $320,000
YishunStudio ApartmentFrom $85,000
2-roomFrom $99,000From $39,000
3-roomFrom $162,000From $112,000
4-roomFrom $244,000From $209,000
5-roomFrom $320,000From $310,000
3GenFrom $359,000From $349,000
Executive (1 unit)$545,000
Mature Towns/Estates
Ang Mo KioStudio ApartmentFrom $104,000
2-room (1 unit)$182,000$142,000
3-roomFrom $195,000From $165,000
4-roomFrom $326,000From $311,000
5-roomFrom $506,000From $496,000
BedokStudio ApartmentFrom $101,000
2-roomFrom $177,000From $137,000
3-roomFrom $225,000From $195,000
4-roomFrom $311,000From $296,000
5-roomFrom $463,000From $453,000
Executive (1 unit)$530,000
BishanStudio Apartment

(1 unit)

$103,000
3-roomFrom $205,000From $175,000
4-room (1 unit)$501,000$486,000
Executive (1 unit)$760,000
Bukit MerahStudio ApartmentFrom $108,000
2-roomFrom $200,000From $160,000
3-roomFrom $234,000From $204,000
4-roomFrom $351,000From $336,000
ProjectFlat TypeSelling Price

(excluding

Grants)

Selling Price

(inclusive of

Grants)

5-roomFrom $598,000From $588,000
Bukit TimahStudio ApartmentFrom $113,000
Clementi2-roomFrom $220,000From $180,000
3-roomFrom $232,000From $202,000
4-roomFrom $478,000From $463,000
5-roomFrom $605,000From $595,000
GeylangStudio ApartmentFrom $125,000
3-roomFrom $186,000From $156,000
4-roomFrom $420,000From $405,000
Kallang WhampoaStudio ApartmentFrom $132,000
3-roomFrom $183,000From $153,000
4-roomFrom $429,000From $414,000
5-room (1 unit)$768,000$758,000
Pasir RisStudio ApartmentFrom $87,000
2-room (1 unit)$145,000$105,000
3-roomFrom $227,000From $197,000
4-roomFrom $311,000From $296,000
5-roomFrom $368,000From $358,000
Executive (1 unit)$545,000
QueenstownStudio ApartmentFrom $128,000
2-roomFrom $170,000From $130,000
3-roomFrom $229,000From $199,000
4-roomFrom $463,000From $448,000
5-roomFrom $678,000From $668,000
Serangoon3-roomFrom $255,000From $225,000
5-room (1 unit)$394,000$384,000
TampinesStudio ApartmentFrom $88,000
2-roomFrom $126,000From $86,000
3-roomFrom $210,000From $180,000
4-roomFrom $322,000From $307,000
5-roomFrom $400,000From $390,000
Executive (1 unit)$530,000
Toa PayohStudio ApartmentFrom $103,000
2-roomFrom $202,000From $162,000
3-roomFrom $183,000From $153,000
4-roomFrom $393,000From $378,000
5-room (1 unit)$670,000$660,000

Note:

  • The assumed housing grants are meant for applicants applying as a family nucleus. SHG is also applicable only to 2-room, 3-room and 4-room flats in the non-mature estates:
    • 2-room flat: $60,000 (comprising AHG of $40,000 and SHG of $20,000 where applicable)
    • 3-room flat: $50,000 (comprising AHG of $30,000 and SHG of $20,000 where applicable)
    • 4-room flat: $35,000 (comprising AHG of $15,000 and SHG of $20,000 where applicable)
    • 5-room flat / 3Gen flat: $10,000 (AHG only)
  • Actual Grant amount will vary based on income and choice of flat.
  • Studio Apartments (SAs) are sold on 30-year lease, beginning from the date of key collection. Prices are inclusive of the elderly-friendly fittings/finishes.
  • Please refer to esales.hdb.gov.sg to check the lease commencement date of each block.

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. Although the SBF flats have a shorter waiting time to completion, the number of units in each town is small, and is likely to attract high application rates.

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.

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. Applicants are encouraged to apply for an HLE Letter for early planning. The HLE Letter will indicate the maximum loan that can be offered based on individuals’ financial situation. Applicants may wish to check their loan eligibility and apply for an HLE letter at www.hdb.gov.sg/hleapply.

Application for May 2015 BTO cum SBF Exercise

Application for new flats launched in the May 2015 BTO cum SBF exercise can be submitted online on the HDB InfoWEB from today, 27 May 2015 (Wednesday) to 2 Jun 2015 (Tuesday). Applicants can apply for only one flat type/category in one town under either the BTO or SBF exercise.

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).

Next BTO Launch in Aug 2015

In Aug 2015, HDB will offer about 4,860 BTO flats in Bidadari and Punggol Northshore in its next Build-to-order BTO exercise.

More information on the flats to be offered under the Aug 2015 BTO exercise is available on the HDB InfoWEB.

Other terms and conditions apply.

See ad image for more details

Click on thumbnail[s] to enlarge. Sales on 27 May – 2 Jun 2015. For more info, click here.

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