After the successful closure of previous sales, now Housing Board at Singapore launched another lot of 4571 new Built-to-Order flats. They are open for sale by the end of this year, and this launch is considered to be the biggest BTO exercise for November 12th, Tuesday.
At the same time, 3599 flats are to be sold as per the Sale of Balance Flats scheme. This offer is open for both non-mature and mature estates, including Clementi and Bishan.
With this, the total numbers of flats launched for sale by the year 2019 are 8170, and it is the highest count for HDB this year.
Most of these BTO flats at present are available for sale in the latest exercise of Forest Town, Tengah. It covers almost three housing projects in the area along with the two mature estates Tampines and Ang Mo Kio.
Reports reveal that the units available for sale in all three Tengah Projects: Garden Vines, Plantation Garage, and Planation Village are two-room Flexi flats to five-room flats. Other than this, you will find many three-generation flats available for sale in this latest exercise.
Prices for these flats start from $110,000 for the two-room Flexi flats; however, this amount excludes the grants. On the other side, the estimated price for three-generation flats is expected to be $442,000. Note that this is third batch of flats open for sale at Tengah.
If we talk about Ang Mo Kio, there are 450 units, including two-room Flexi flats to the four-room flats. The pricing for two-room Flexi flats in this area starts from $145,000. It is important to mention that the Yio Chu Kang Beacon project is located in close vicinity to the Presbyterian High School. It is possible to reach Yio Chu Kang MRT Station from this location by just a short walk of few minutes.
Other than this, there are 650 units available in the Tampines. The name of the project launched in this area is GreenSpring, and it has flats ranging from two-room Flexi flats to five-room flats. The prices for these flats start from $145,000. In order to buy a flat in this area, you can apply before November 18.
You might have heard that Lawrence Wong, Minister for National Development, recently announced the higher income ceilings and higher grants for all first-time flat buyers. This is the second sales exercise launched after that decision.
All the eligible buyers that are interested in investing any of these properties can tap up to $80,000 over an enhanced CPF housing grant. This grant facility is not restricted to any location or flat type. It means you can pick any of your desired construction to avail of these benefits.
As per the latest updates, 3000 more flats will be open for sale in Toa Payoh and Sembawang by the month of February in the coming year. Other than this, 3700 BTO flats will be released by the coming May month at Pasir Ris, Tengah, Tampines, and Choa Chu Kang.