Showing posts with label Geylang. Show all posts
Showing posts with label Geylang. Show all posts

Wednesday, February 11, 2015

HDB Launches 3,995 Flats in First BTO Exercise of 2015

HDB Launches 3,995 Flats in First BTO Exercise of 2015

Date issued : 11 Feb 2015

 Today, HDB launched 3,995 new flats for sale under the February 2015 Build-To-Order (BTO) exercise. These flats are spread across five projects located in the non-mature towns of Bukit Batok and Hougang, and the mature town of Geylang. This is the first batch of the 16,900 BTO flats that HDB has planned for 2015.

2To better help flat buyers plan their finances and flat purchase, from this sales exercise onwards, flat applicants who intend to take out an HDB housing loan will also need to produce a valid HDB Loan Eligibility (HLE) letter at the point of booking a flat. Previously, they only needed to produce the HLE letter when they sign the Agreement for Lease, which is four months after booking a flat.
February 2015 BTO Exercise

3The 3,995 new flats in this exercise comprise Studio Apartments (SAs), 2-room to 5-room flats, as well as Three-Generation (3Gen) flats, to meet the diverse housing needs of first-timers, second-timers, multi-generation families, elderly and singles.

4First-timers will continue to enjoy priority flat allocation, with at least 85% (for 4-room and 5-room flats) and 70% (for 2-room and 3-room flats) of the BTO public flat supply set aside for them. Eligible first-timer singles have the option of applying for a 2-room flat in West Edge @ Bukit Batok, Buangkok ParkVista and Buangkok Tropica.
5Married/courting couples who wish to live together with their parent(s) can apply for a 3Gen flat at West Rock @ Bukit Batok. This is the first time 3Gen flats are offered in Bukit Batok. Other multi-generation families who wish to live near each other in the same BTO project can apply for flats in West Edge @ Bukit Batok, MacPherson Spring, Buangkok ParkVista or Buangkok Tropica under the Multi-Generation Priority Scheme1(MGPS).
[1] HDB will set aside up to 15% of the SAs, 2-room and 3-room flats in a BTO project (subject to a minimum of 20 units each) for parents applying under MGPS. The same number of 2-room and bigger flats will be set aside in the same BTO project for their married children.

6Eligible first-timer families can enjoy up to $60,000 of housing grants, comprising the Additional CPF Housing Grant (AHG) (up to $40,000) and the Special CPF Housing Grant (SHG) (up to $20,000). With these grants, 2-room, 3-room, 4-room and 5-room flats can be purchased from $13,000, $108,000, $220,000 and $340,000 respectively (see Table 1). Further details can be found in Annex A  (PDF 584KB).

Table 1: February 2015 BTO Prices
Town
Project(s)
Flat Type
Selling Price (Excluding Grants@)
Selling Price
(Including Grants^)
Non-Mature Towns
Bukit Batok  (PDF 894KB)
West Edge @ Bukit Batok  (JPG 441KB) & 
West Rock @ Bukit Batok  (JPG 424KB)
2-room*
From $80,000
From $20,000
3-room
From $160,000
From $110,000
4-room
From $259,000
From $224,000
5-room
From $350,000
From $340,000
3Gen
From $382,000
From $372,000
Hougang (PDF 1358KB)
Buangkok ParkVista  (JPG 465KB) & Buangkok Tropica (JPG 451KB)
2-room*
From $73,000
From $13,000
3-room
From $158,000
From $108,000
4-room
From $255,000
From $220,000
Mature Town
Geylang (PDF 864KB)
MacPherson Spring  (JPG 414KB)
Studio Apartment#
From $114,000
-
3-room
From $275,000
From $245,000
4-room
From $403,000
From $388,0003-room

Note:
* Come in two sizes of 36 sqm (Type 1) and 45 sqm (Type 2).

^ The assumed housing grants are meant for applicants applying as a family nucleus or two singles under the Joint Singles Scheme for a 2-room BTO flat. SHG is applicable only to 2-room, 3-room and 4-room flats in the non-mature estates:
    i) 2-room flat: $60,000 (comprising AHG of $40,000 and SHG of $20,000 where applicable) ii) 3-room flat: $50,000 (comprising AHG of $30,000 and SHG of $20,000 where applicable) iii) 4-room flat: $35,000 (comprising AHG of $15,000 and SHG of $20,000 where applicable) iv) 5-room flat / 3Gen flat: $10,000 (AHG only)
# SAs are sold on a 30-year lease, beginning from the date of key collection. Prices are inclusive of the elderly-friendly fittings/finishes. 

@ Singles who apply for the 2-room flats under the Single Singapore Citizen Scheme will pay $15,000 more than married couples. Eligible singles can also apply for AHG and SHG. The actual grant amounts will vary based on income. Read more on the various CPF Housing Grants available.

Submission of HDB Loan Eligibility Letter at Point of Flat Booking

7Since 1 January 2007, all potential flat buyers who wish to take up an HDB concessionary loan must first obtain an HLE letter, to be produced when they sign the Agreement for lease, four months after booking a flat. The HLE letter provides information on the loan quantum that flat buyers are eligible for, as well as the monthly instalments for the loan, and helps to ensure that flat buyers are able to pay for their home without overstretching their finances.

8From this sales exercise onwards, flat applicants who intend to take out an HDB housing loan will need to produce a valid HLE Letter at the point of booking a flat, instead of during the signing of the Agreement for Lease.

9This move to bring forward the HLE requirement seeks to help flat buyers better plan their finances and flat purchase. It will minimise any disappointment should they be unable to obtain sufficient loan to proceed with the flat purchase subsequently, resulting in cancellation of their flat application and forfeiture of the option fee paid.

Advice for Flat Buyers
10Applicants are strongly advised to apply for a BTO flat in non-mature towns to enjoy a higher chance of success in securing a flat.
11Regular updates on the number of applications submitted for the various flat types/towns will be published on the HDB InfoWEB. Applicants are advised to check for updates before submitting their application.

12Applicants who wish to finance their purchase with an HDB housing loan are encouraged to apply for an HLE Letter for early planning. The HLE Letter will indicate the maximum loan that can be offered based on individuals’ financial situation. Applicants may wish to check their loan eligibility at www.hdb.gov.sg/hleapply.
Application for February 2015 BTO Exercise
13Application for new flats launched in the February 2015 BTO exercise can be submitted online on the HDB InfoWEB from today, 11 February 2015 (Wednesday) to 17 February 2015 (Tuesday). Applicants can apply for only one flat type in one town.

14More details on application procedures can be found in Annex B  (PDF 182KB).

15For enquiries, the public can:


 - Log on to esales.hdb.gov.sg; or


 - E-mail hdbsales@mailbox.hdb.gov.sg; or


 - Visit the HDB Sales Office to speak with our Customer Relations Executives during office hours (Monday to Friday 8 am to 5 pm, Saturday 8 am to 1 pm).

BTO-cum-SBF Launch in May 2015

16In May 2015, HDB will offer about 4,040 BTO flats in Clementi, Punggol North, Sembawang and Tampines. About 4,000 to 5,000 flats will be offered in a concurrent Sale of Balance Flats (SBF) exercise. More information on the flats to be offered under the May 2015 BTO exercise is available on the HDB InfoWEB.



- wong chee tat :)
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Thursday, May 22, 2014

Sale of Balance Flats May 2014

Sale of Balance Flats May 2014

  Town / Estate
 Flat Application Category
Flat
Supply
Ethnic Quota
Selling Price (excluding
Grants)
Selling Price (including
Grants)
Malay
Chinese
Indian /
Other Races
  Non-Mature Towns/Estates:
  Bukit Batok
 3-room Standard
3
3
3
2
From $225,000
From $175,000
 Executive
1
1
1
1
$475,000
-
  Bukit Panjang
 Studio Apartment
19
19
19
15
From $82,000
-
 2-room
22
0
22
6
From $110,000
From $50,000
 3-room Standard
9
7
9
9
From $176,000
From $126,000
 4-room
24
24
24
24
From $259,000
From $224,000
 5-room
13
13
13
13
From $338,000
From $328,000
  Choa Chu Kang
 Studio Apartment
5
4
5
5
From $82,000
-
 3-room Standard
32
2
32
14
From $150,000
From $100,000
 4-room
339
47
339
116
From $244,000
From $209,000
 5-room
247
102
247
70
From $313,000
From $303,000
  Hougang
 Studio Apartment
223
73
197
42
From $76,000
-
 2-room
9
5
9
9
From $119,000
From $59,000
 3-room Standard
7
5
7
5
From $200,000
From $150,000
 3-room Premium
3
3
3
3
From $215,000
From $165,000
 4-room
39
35
39
33
From $284,000
From $249,000
 5-room
17
17
17
17
From $339,000
From $329,000
  Jurong East
 2-room
4
0
4
0
From $143,000
From $83,000
 3-room Standard
47
9
47
10
From $196,000
From $146,000
 4-room
8
8
8
8
From $303,000
From $268,000
 5-room
1
1
1
1
$342,000
$332,000
  Jurong West
 Studio Apartment
23
6
23
7
From $92,000
-
 3-room Standard
43
11
43
15
From $169,000
From $119,000
 4-room
22
22
22
21
From $265,000
From $230,000
 5-room
4
4
4
4
From $391,000
From $381,000
  Punggol
 Studio Apartment
10
10
10
10
From $91,000
-
 3-room Standard
23
18
23
22
From $173,000
From $123,000
 3-room Premium
47
43
47
43
From $218,000
From $168,000
 4-room
124
115
122
122
From $296,000
From $261,000
 5-room
81
79
81
80
From $362,000
From $352,000
  Sembawang
 3-room Standard
4
3
4
4
From $198,000
From $148,000
 4-room
148
48
140
31
From $255,000
From $220,000
 5-room
90
37
83
18
From $328,000
From $318,000
  Sengkang
 Studio Apartment
60
35
60
33
From $85,000
-
 3-room Standard
7
7
7
7
From $198,000
From $148,000
 3-room Premium
21
21
21
21
From $206,000
From $156,000
 4-room
142
136
142
132
From $247,000
From $212,000
 5-room (119 units) / Executive (1 unit)
120
120
120
106
From $324,000
From $314,000
  Woodlands
 3-room Standard
4
1
4
2
From $183,000
From $133,000
 3-room Premium
1
1
1
1
$199,000
$149,000
 4-room
24
17
24
20
From $258,000
From $223,000
 5-room (4 units) / Executive (2 units)
6
6
6
6
From $336,000
From $326,000
  Yishun
 Studio Apartment
3
3
3
2
From $82,000
-
 2-room
1
1
1
1
$135,000
$75,000
 3-room Standard
11
8
11
11
From $198,000
From $148,000
 3-room Premium
2
2
2
2
From $205,000
From $155,000
 4-room
72
61
72
65
From $244,000
From $209,000
 5-room
36
35
36
32
From $326,000
From $316,000
  Mature Towns/Estates:
  Ang Mo Kio
 3-room
8
8
6
8
From $237,000
From $207,000
 4-room
29
29
21
25
From $344,000
From $329,000
 5-room
10
10
7
10
From $521,000
From $511,000
  Bedok
 Studio Apartment
6
6
6
6
From $97,000
-
 3-room
2
1
2
2
From $227,000
From $197,000
 4-room
5
5
5
5
From $308,000
From $293,000
 5-room (2 units) / Executive (1 unit)
3
3
3
3
From $351,000
From $341,000
  Bishan
 Studio Apartment
1
1
0
1
$130,000
-
 3-room
1
1
0
1
$311,000
$281,000
 4-room
2
2
0
2
From $394,000
From $379,000
 5-room
1
1
0
0
$566,000
$556,000
  Bukit Merah
 Studio Apartment
38
33
31
21
From $110,000
-
 2-room
29
29
29
25
From $251,000
From $211,000
 3-room
14
14
12
14
From $290,000
From $260,000
 4-room
13
13
8
13
From $467,000
From $452,000
 5-room
29
29
3
29
From $582,000
From $572,000
  Bukit Timah
 Studio Apartment
25
25
14
25
From $111,000
-
  Central
 S2 Apartment
1
1
1
1
$769,000
$759,000
  Clementi
 3-room
4
4
2
4
From $256,000
From $226,000
 4-room
8
8
5
7
From $352,000
From $337,000
 5-room
3
3
2
3
From $518,000
From $508,000
  Geylang
 Studio Apartment
85
45
71
28
From $114,000
-
 3-room
44
38
42
26
From $192,000
From $162,000
 4-room
15
15
13
15
From $420,000
From $405,000
 5-room
2
2
0
2
From $701,000
From $691,000
  Kallang/
  Whampoa
 Studio Apartment
254
153
224
67
From $105,000
-
 3-room
30
30
24
21
From $221,000
From $191,000
 4-room
164
124
119
61
From $334,000
From $319,000
 5-room
6
5
2
3
From $633,000
From $623,000
  Pasir Ris
 Studio Apartment
4
4
4
4
From $89,000
-
 3-room
1
0
1
0
$223,000
$193,000
 4-room
8
7
8
8
From $326,000
From $311,000
 5-room (4 units) / Executive (3 units)
7
4
7
7
From $386,000
From $376,000
  Queenstown
 Studio Apartment
118
49
98
32
From $113,000
-
 2-room
30
30
30
30
From $253,000
From $213,000
 3-room
4
4
1
4
From $232,000
From $202,000
 4-room
2
2
0
2
From $569,000
From $554,000
 5-room
1
1
0
1
$681,000
$671,000
  Tampines
 Studio Apartment
7
6
7
7
From $95,000
-
 3-room
9
7
9
9
From $230,000
From $200,000
 4-room
30
28
30
30
From $320,000
From $305,000
 5-room (3 units) / Executive (2 units)
5
5
5
4
From $414,000
From $404,000
  Toa Payoh
 Studio Apartment
6
6
2
6
From $103,000
-
 3-room
95
42
78
18
From $212,000
From $182,000
 4-room
23
23
21
19
From $314,000
From $299,000
  Total
3,383
2,084
3,111
1,830
Notes:
  • Prices are rounded up to the next higher thousand. Actual selling price of individual flats will vary based on location and other attributes.
  • For 2-room flats, assumed Additional CPF Housing Grant (AHG) of $40,000 and Special CPF Housing Grant (SHG) of $20,000; for 3-room flats, assumed AHG of $30,000 and SHG of $20,000; for 4-room flats, assumed AHG of $15,000 and SHG of $20,000; for 5-room flats, assumed AHG of $10,000. Actual Grant amounts will vary based on income and choice of flat. Click here for more information about the various CPF Housing Grants available.
  • The eligibility conditions for the AHG and SHG are: (a) first-timer household; (b) applicant must have worked continuously for one year immediately before the flat application, and is still working at the time of application; (c) average gross monthly household income over the one year period must not be more than $5,000 (for AHG) or $6,500 (for SHG); and (d) SHG applies only for the purchase of a 2-room, 3-room or 4-room flat in the non-mature estates.
  •  Studio Apartments (SAs) are sold on a 30-year lease, beginning from the date of key collection. Prices are inclusive of the elderly-friendly fittings/finishes.
  • Please refer to the “Flat Details” tab to check the lease commencement date of each block.
  •  The 3-room Standard flats in the non-mature towns/estates with a $5,000 income ceiling will be offered as a separate category from the 3-room premium flats in the non-mature town/estates which are sold with a $10,000 income ceiling.
  • The 3-room flats (standard/premium) in the mature towns/estates with an income ceiling of $10,000 will be grouped together under a flat application category.
  • The 4-room flats in the non-mature and mature towns/estates will be treated as a separate flat application category for those who are only interested in 4-room flats to submit their applications.
  • Since 1995, HDB has closed the Executive Flat (EF) register. The number of EF on offer is limited and they are largely repurchased/repossessed flats. Hence, HDB will group the EF and 5R as one flat application category.
  • Flat at The Pinnacle@Duxton is classified as S2 (similar to 5-room) flat.
  • Flats in Jurong East will be grouped together with those in Jurong West for offer under “Jurong East/West” Town, where applicable. For the administration of the Married Child Priority Scheme (MCPS), applicants may apply for MCPS if their parents/married child are living in either Jurong East or West or within 2 km from any of the blocks offered for sale.
  • There is a 4-room repurchased DBSS flat at Blk 138A Lorong 1A Toa Payoh #13-08 at The Peak @ Toa Payoh.



- wong chee tat :)
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