More Sale-of-Balance flats units in mature estates

Aside from the large number of new BTO flats in HDB’s latest launch, many units under the Sale of Balance flats scheme will also be made available, including units in mature HDB estates such as Kallang/Whampoa and Queenstown.

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3,946 flats which remained unsold from previous launches, spread over 14 mature estates and 11 non-mature estates, were rolled out in last week’s Sale of Balance Flats launch. From the 14 mature estates which also included Pasir Ris, Tampines, Serangoon and Ang Mo Kio, the 523 and 263 units in Queenstown and Kallang/Whampoa were the most eye-catching. The proximity of these 2 HDB estates to the Central Business District (CBD) and the number of balance flats available were factors making this one of the highlights of this current launch.

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Most mature estates will only see single- or at most double-digit number of units available under the sale of balance flat scheme. The high volume of leftover units from previous launches in Queenstown could be due to leftover replacement units previously put aside for the Selective En bloc Redevelopment Scheme (SERS). Most of these units are in the SkyParc @ Dawson development which will be ready by end of 2020. These new flats and their modern designs will no doubt make them the hottest units in this launch. Priced between $454,600 and $527,200, they are more affordable than some of the newer BTO units in estates such as Geylang and Bidadari.