HDB launches 6,938 BTO flats, raises subsidies for three projects in prime areas

SINGAPORE - The Housing Board has launched 6,938 Build-To-Order flats for sale across eight projects in Jurong East, Kallang/Whampoa, Queenstown, Tampines, Woodlands and Yishun.

“With these additional subsidies and the substantial market discounts already applied across all BTO flats, the selling prices of these PLH projects will be significantly lower than the transacted prices of comparable resale flats nearby,” HDB said.

These include 791 flats in Marsiling Peak I in Woodlands, with a wait of two years and 11 months, and 561 flats in Tampines GreenTopaz, with a waiting time of three years and one month.The Tanjong Rhu Riverfront I and II PLH projects along Kampong Arang Road will offer a combined 2,063 two-room flexi, three- and four-room flats on a site by the Geylang River.

Two-room flexi units are priced from $209,000 to $367,000, and four-room flats from $582,000 to $762,000.The 40-storey project has the longest waiting time in this launch, at four years and nine months., comprising 1,277 units of two-room flexi, three-, four- and five-room flats, is the first BTO launch in the up-and-coming housing area.The Chencharu Hills project in Yishun is the first BTO launch in the up-and-coming housing area.

Meanwhile, Marsiling Peak I and II, along Admiralty Road and Marsiling Lane in Woodlands, will offer a combined 1,609 two-room flexi, three-, four- and five-room flats as well as three-generation units.In Jurong East, the Teban Breeze project along Teban Gardens Road and Jurong Town Hall Road offers 1,086 two-room flexi, three-, four- and five-room flats. The wait for a flat is four years and six months.Flat applications close at 11.59pm on June 26 on the HDB Flat Portal.

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