HDB launches five BTO projects, offering 3,923 new flats in Choa Chu Kang, Punggol, Sengkang and Tampines with prices from $83,000 for 2 room, $145,000 for 3 room, $229,000 for 4 room and $283,000 for 5 room (exclusive of grants).
In his latest blog entry, Minister Khaw talks about changing BTO balloting rules so that more second timers can also succeed in BTO selection..
Another 4,200 new flats in 7 BTO projects has been launched by HDB today, following its bumper 8,200 flats just two months ago – Waterway Ridges and Waterway Banks in Punggol, Hougang Capeview and Hougang DewCourt, Acacia Breeze @ Yishun, Fajar Spring in Bukit Panjang and Golden Cassia in Bedok.
Minister for National Development, Mr Khaw Boon Wan, gave out 15 awards tonight (2 November 2011) to HDB’s consultants and contractors, for their exemplary performance and innovative efforts in the development of new HDB projects.
HDB’s Resale Price Index (RPI) rose from 180.3 in 2nd Quarter 2011 to 187.2 in the 3rd Quarter 2011, an increase of 3.8% over the previous quarter. Highest COV commanded for 3 room is Bukit Merah ($34,000), 4 room is Bishan ($52,000), 5 room is Bishan ($66,500) and Executive is Tampines ($68,000). HDB will be releasing 4,200 BTO units in Nov 2011.
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