More than 5,000 flats up for sale in latest BTO launch

In their latest launch just a few days ago, HDB offered up more than 5,000 build-to-order (BTO) and sale-of-balance (SBF) units.

More than 5,000 BTO and SBF units launched

Headlining this round of the new BTO flats are the 2,000 or so units in Punggol, providing eager buyers with waterfront views. The rest of the 4,735 BTO flats launched in this most recent exercise are in Yishun.

Melody Spring @ Yishun. Picture: HDB

The 2 projects launched in Yishun are Melody Spring@Yishun and Yishun Glen. While these blocks are not located near the Yishun MRT station, they have lower price points which could attract some buyers.

Prices of BTO units range from $75,000 for a 2-room flexi flat in Yishun to more than $411,000 for a 3-Generation flat in Punggol.

Flats in Punggol oversubscribed

Punggol Point Cove. Picture: HDB

940 units were launched in Punggol Point Woods and 1,172 for Punggol Point Cove. Units here offer up sea views, which may attract young families or newly-married couples. This may also be part of the reason why industry analysts expect flats here to be thrice to four times oversubscribed.

717 SBF flats were also launched in various HDB estates such as Sembawang, Ang Mo Kio, Bukit Batok, Sengkang and Hougang.  The target for the total number of HDB flats to be launched this year is 17,000.

The next BTO launch is in November and buyers can expect to make their selection from 3,800 flats in Sembawang, Sengkang, Tampines, Tengan and Yishun.

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