HDB launched 3,740 flats for sale today, under the February 2021 Build-To-Order (BTO) exercise. The flats on offer are spread across seven projects and located in the non-mature towns of Bukit Batok and Tengah, and mature towns of Kallang Whampoa and Toa Payoh (Bidadari).
Table 1: Flat Prices in February 2021 BTO Exercise
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) Community Care Apartment: $80,000
ii) 2-room Flexi flat: $80,000
iii) 3-room flat: $75,000 in non-mature towns and $60,000 in mature towns
iv) 4-room flat: $60,000 in non-mature towns and $45,000 in mature towns
v) 5-room 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.
* Flat prices include costs of pre-installed senior-friendly fittings and features, and do not include the costs of the mandatory Basic Service Package and optional services.
+ Buyers need to pay 5% of the published price using their CPF and/or cash savings when their EHG exceeds 95% of the published price.
