(EXPIRED) HDB launches 4,993 flats for sale today under the August 2022 Build-To-Order (BTO) exercise. Apply by 5 Sep 2022 UPDATED 1 Sep 2022

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Starts30 Aug 2022 (Tue)Ends5 Sep 2022 (Mon)
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Wide range of flats available at prices starting from $113,000 for 3-room flats and $217,000 for 4-room flats after grants

Update: You can check the Number of Applications Received at this link

HDB launched 4,993 flats for sale today, under the August 2022 Build-To-Order (BTO) exercise. The flats are spread across seven projects in both mature and non-mature estates – Ang Mo Kio, Bukit Merah, Choa Chu Kang, Jurong East, Tampines and Woodlands. Of the seven projects, two in Bukit Merah are launched under the Prime Location Public Housing (PLH) model.

Home buyers looking to move into their flats sooner can consider the BTO projects in Choa Chu Kang, Tampines and Woodlands which have the shortest waiting times at 3.8 years or less.

Affordable and wide range of flats to meet different budgets and needs

A wide selection of flats, ranging from 2-room Flexi to 5-room and 3Gen flats, is offered in this BTO exercise to meet diverse housing needs (details are in Annex A). The flats are priced with a generous subsidy and the prices are considerably lower than the transacted prices of comparable resale flats nearby. For 2-room Flexi flats, their prices also reflect the length of lease chosen, as shown in Annex B.

In the non-mature estates, flat prices before housing grants start from $97,000 for a 2-room Flexi flat in Jurong East, $188,000 for a 3-room flat in Woodlands, and $277,000 for a 4-room flat in Choa Chu Kang. Prices for the 5-room flats offered in Choa Chu Kang start from $390,000. In the mature estates, prices are higher, starting at $198,000 before grants for a 2-room Flexi flat in Ang Mo Kio, and $381,000 and $520,000 before grants for a 4-room and 5-room flat respectively in Tampines.

Eligible first-timer families can benefit from the Enhanced CPF Housing Grant (EHG) of up to $80,000, making the flats more affordable. For example, including the EHG, flat buyers pay as little as $113,000 for a 3-room flat in Woodlands, and $217,000 for a 4-room flat in Choa Chu Kang (see Table 1 for the BTO flat prices and the comparable resale prices). More information on the financing of flats on offer can be found on the HDB Flat Portal.

Table 1: Flat Prices in August 2022 BTO Exercise

TownProjectFlat TypeSelling Price
(Excluding Grants)
Selling Price
(Including Grants^)
Transacted Prices of
Resale Flats Nearby #
Non-Mature Towns
Choa Chu KangKeat Hong Grange ~2-room
Flexi^^
From $102,000From $22,000
3-roomFrom $194,000From $119,000
4-roomFrom $277,000From $217,000$462,000 – $540,000
5-roomFrom $390,000From $345,000$600,000 – $640,000
JurongJurong East Breeze2-room
Flexi^^
From $97,000From $17,000
3-roomFrom $194,000From $119,000
4-roomFrom $283,000From $223,000$535,000 – $595,000
WoodlandsWoodlands South Plains2-room
Flexi^^
From $98,000From $18,000
3-roomFrom $188,000From $113,000$374,000 – $420,000
4-roomFrom $303,000From $243,000$458,000 – $490,000
Mature Town
Ang Mo KioCentral Weave @ AMK2-room
Flexi
From $198,000From $118,000
4-roomFrom $535,000From $490,000$690,000 – $918,000
5-roomFrom $720,000From $690,000$960,000 – $1,150,000
3GenFrom $713,000From $683,000
TampinesSun Plaza Spring4-roomFrom $381,000From $336,000$580,000 – $635,000
5-roomFrom $520,000From $490,000$720,000 – $760,000
Prime Location Public Housing Model
Bukit MerahAlexandra Vale3-roomFrom $370,000From $310,000$590,000 – $720,000
Havelock Hillside4-roomFrom $531,000From $486,000$750,000 – $1,030,000

Note: Selling prices are rounded up to the nearest thousand dollars.

^ Unless otherwise stated, the starting prices of the flats are based on 99-year leases. For illustration purposes, the assumed EHG amounts are:

i) 2-room Flexi flat: $80,000
ii) 3-room flat: $75,000 in non-mature towns and $60,000 in mature towns and Prime Location Public Housing Model
iii) 4-room flat: $60,000 in non-mature towns and $45,000 in mature towns and Prime Location Public Housing Model
iv) 5-room / 3Gen flat: $45,000 in non-mature towns and $30,000 in mature towns

The starting prices after grant amounts are illustrative, assuming that the household incomes of eligible first-time buyers of flats in the mature towns are higher. The actual grant amount received will depend on the buyers’ income and eligibility. Read more on EHG in HDB InfoWEB.
~ Prices include the costs of floor finishes, internal doors and sanitary fittings.
# Details on the comparable resale flats can be found on the HDB Flat Portal. In making comparison, please take into account the differences in attributes between the comparable resale flats and the BTO flats.
^^ Singles who apply for a 2-room Flexi flat under the Single Singapore Citizen (SSC) Scheme will pay $15,000 more than married couples. Eligible singles can also apply for the EHG of up to $40,000. The actual grant amounts will vary according to income.

Most home buyers will be able to afford the flats on offer, using less than 25% of their monthly household income to pay for their loan instalments. This means most first-time flat buyers will be able to service their mortgage using their monthly CPF contributions, with minimal or no cash outlay. For example:

  • A first-timer family earning $5,000 would enjoy $45,000 in housing grants, and would be able to afford a 4-room flat in any of the three BTO projects in the non-mature estates, using mostly CPF to service the monthly instalment with minimal or zero cash outlay.
  • A first-timer family earning $6,000 would enjoy $35,000 in housing grants, and would be able to afford a 4-room flat in Sun Plaza Spring located in the mature estate of Tampines, using mostly CPF to service the monthly instalment with minimal or zero cash outlay.

Projects under Prime Location Public Housing (PLH) Model

Two of the projects in this launch, Havelock Hillside and Alexandra Vale, are offered under the PLH model. The PLH model aims to ensure that new public housing built in prime and central locations remain affordable and accessible for Singaporeans (see Annex C for a summary of the key features of the model).

Up to 20 per cent of the PLH flats in the two projects will be set aside for first-timer families; and up to 2 per cent for second-timer families, under the Married Child Priority Scheme. This is two-thirds of the usual quotas1. The reduced quota will provide more opportunities for Singaporeans who do not have family members living near the area to also have an opportunity to live in these locations. In addition, Alexandra Vale will be integrated with 2-room rental flats to ensure an inclusive living environment.

As PLH flats are priced with additional subsidies on top of the substantial subsidies already provided for all BTO flats today, owners of these flats will have to return to HDB a percentage of the higher of the resale price or valuation upon the sale of their flats2. For Havelock Hillside and Alexandra Vale, the amount to be recovered from the flat buyers is fixed at 6 per cent and will apply regardless of when the flats are sold in future. This amount to be recovered is commensurate with the extent of the additional subsidy that has been provided.

Adjustments to Flat Allocation Quota for Flats in the Non-Mature Estates

From this August 2022 BTO exercise, HDB will set aside more BTO flats in non-mature estates for first-timer applicants to address strong demand from this group:

  1. First-timer families: At least 85% of the 3-room BTO flats and 95% of the 4-room and larger flats in non-mature estates will be set aside for first-timer families. This is up from the current levels of at least 70% and 85% respectively. (For mature estates, HDB currently already asides at least 95% of BTO flat supply for first-timer families.)
  2. First-timer singles: Up to 65% of the non-senior 2-room Flexi flats in non-mature estates will be set aside for first-timer singles, an increase from up to 50% currently.

Advice for Flat Buyers

Applicants are encouraged to apply for a BTO flat in the non-mature towns to enjoy a higher chance of success in securing a flat. More details on the application procedures can be found in Annex D.

HDB will shortlist applicants using a computer ballot, and not on a first-come-first-served basis.There is no need to rush to submit applications within the first few hours or first few days of the application period. The number of applications received will also be updated regularly on the HDB InfoWEB. As the total application rate shows the consolidated application rate for all towns, it may be influenced by a few popular projects with high application rates. Therefore, applicants are encouraged to refer to the median application rates as well, and choose flat categories with lower application rates, to improve their chances of success.

Flat buyers should take the estimated project completion timelines into consideration before applying for a flat. Projects with challenging site conditions, more complex designs, large number of dwelling units or higher storeys may take longer to complete.

For the BTO projects launched in August 2022, the waiting time generally ranges from 3 to 5.7 years. Those who are looking to move into their flats sooner can consider applying for the flats at Keat Hong Grange, Sun Plaza Spring and Woodlands South Plains. In particular, being located in non-mature estates where there are more flats being set aside for first-timer families, Keat Hong Grange and Woodlands South Plains may be suitable for first-timer families looking to enjoy a higher chance of securing flats and move into their flats sooner.

Application for August 2022 BTO Exercise

Applications for the flats launched in the August 2022 BTO exercise can be made online on HDB InfoWEB from today, 30 August 2022 (Tuesday) to 5 September 2022 (Monday). Applicants can apply for only one flat type/category in one town under the BTO 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, except for young couples who are eligible for deferment of income assessment. The HLE letter will indicate the loan amount based on applicants’ individual financial situation. All applicants are encouraged to apply for an HLE letter early, at www.hdb.gov.sg/hleapply, so that they can book a flat within their budget.

All the information on the BTO flats on offer is available on the HDB InfoWEB. There is no need to visit HDB Hub to get the information or make an application. Applicants without internet access may seek support from their family members. Those who need further assistance, such as seniors without family support, may call the HDB Sales/Resale Customer Service Line at 1800 – 866 3066.

Upcoming BTO Launch in November 2022 and February 2023

Come November 2022, HDB will offer about 9,500 BTO flats in towns/estates such as Bukit Batok, Kallang Whampoa, Queenstown, Tengah and Yishun. More details will be announced when ready. Overall, HDB is on track to launch up to 23,000 new flats in 2022.

In February 2023, HDB will offer about 2,900 – 3,900 BTO flats in towns/estates such as Kallang Whampoa, Queenstown and Tengah. This number is subject to review as more project details will be firmed up closer to the launch date. More information on the BTO flats is available on the HDB InfoWEB. HDB will launch up to 23,000 new flats in 2023, and is prepared to launch up to 100,000 flats in total from 2021 to 2025 if needed, subject to prevailing demand. HDB will continue to monitor the housing demand and adjust the plans where necessary.

[1] The priority quotas for other BTO flats in the mature estates are up to 30% for first-timer families, and up to 3% for second-timer families. [2] The additional subsidies will keep PLH flats affordable for a wide range of Singaporeans, while the subsidy recovery will ensure parity with other BTO flat owners who are not accorded these additional subsidies.

For more information and to book your flat, visit homes.hdb.gov.sg.

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