The Housing and Development Board (HDB) announced on Tuesday (12 February) that it has launched 3,739 flats in its first sales exercise of 2019.
The launch comprises 3,162 Build-To-Order (BTO) units and 577 Re-Offer of Balance Flats (ROF) units across various towns/estates of Singapore.
BTO flats across five projects
The BTO flats on offer – the first tranche of 15,000 to be launched this year – are spread across five projects. Three projects are in Jurong West and Sengkang, while another two are located in Kallang-Whampoa.
They offer a wide selection of flats ranging from two-room Flexi to Three-Generation (3Gen) flats. Their selling prices– before grant deductions – range from $95,000 for two-room Flexi flats in Jurong West to $523,000 for a four-room flat in Kallang-Whampoa.
Families who are first-time buyers will enjoy priority in terms of flat allocation. Couples who wish to live together with their parents can apply for a 3Gen flat in Jurong West or Sengkang. Applicants who wish to live close to their parents or married children in the same BTO project can submit a joint application under the Multi-Generation Priority Scheme.
ROF units from May 2018 SBF exercise
For the ROF exercise, HDB will offer 577 unselected flats from the May 2018 Sale of Balance Flats (SBF) exercise. They comprise 173 units of two-room Flexi, 166 units of three-room, 129 units of four-room, 10 units of five-room, 96 units of 3Gen and three units of executive flats across various towns/estates. Prices range from $154,000 to $475,000 (before grant deductions).
HDB will set aside at least 95 per cent of the ROF flat supply for families who are first-time buyers and up to 5 per cent for second-timer families. The elderly may also apply if they meet the prevailing eligibility conditions to buy a two-room Flexi flat and families will enjoy priority in terms of flat selection.
Application for the new flats can be submitted online on the HDB InfoWEB from today until 18 February. Applicants can apply for a flat under either the BTO or ROF exercise, but not both.
If they apply for a BTO flat, they must select only one flat type in one town. If they apply for a ROF flat, they do not have to indicate their preferred flat type and town/estate in their application. Invited ROF applicants may select their preferred flat from the range of available units.
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 booking a flat, except for young couples who are eligible for deferment of income assessment.
All applicants are encouraged to apply for an HLE letter early so that they can plan their flat purchase in advance. The letter will indicate the maximum loan that can be offered based on individuals’ financial situation. Applicants can check their loan eligibility and apply for an HLE letter here.
In May, HDB will offer about 3,400 flats in Kallang-Whampoa, Tengah and Woodlands. More information can be found on the HDB InfoWEB.
For enquiries, the public can go to esales.hdb.gov.sg; email firstname.lastname@example.org; or visit the HDB Sales Office to speak with the customer relations executives (8am to 5pm from Monday to Friday, 8am to 1pm on Saturday).
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