SINGAPORE: The Housing and Development Board (HDB)
has launched six Build-To-Order (BTO) projects, offering 4,627 new
flats.
The flats, which range from studio apartments to
5-room units, are in four estates -- Choa Chua Kang, Sengkang,
Punggol and Kallang/Whampoa.
Prices start from S$124,000 for a studio apartment
in McNair Towers in Kallang/Whampoa.
A 4-room flat in Compassvale Boardwalk in Sengkang, a non-mature
town, is priced between S$275,000 and S$335,000, while a 4-room
flat in McNair Towers in Kallang/Whampoa, a mature town, is priced
between S$467,000 and S$595,000.
Punggol Edge will offer both rental and flats for home ownership.
HDB said there will be more of such developments.
It said to ensure first-timers continue to enjoy priority in flat
allocation, at least 95 per cent of BTO flats in mature towns and
85 per cent in non-mature estates will be set aside for them.
Eligible first-timer households can also enjoy various housing
grants to help them own a new BTO flat.
Applications for flats in the May BTO launch can be submitted from
Wednesday to June 5.
HDB will be offering some 3,900 new flats at the next BTO launch in
July in the towns of Bedok, Bukit Merah, Clementi, Geylang and
Punggol.
- CNA/al