August 2017 Sales Launch – A Home for Every Budget and Need
Waiting to buy a new home?
The HDB Sales Launch is now on. Home buyers can choose from 3,897 flats across 3 projects in Bukit Batok and Sengkang. With a wider range of flat options, there is definitely a home for every budget and need! We bring you the highlights here.
In this sales launch, HDB has introduced a new sales mode – Re-Offer of Balance Flats (ROF). ROF offers home buyers more options from a pool of flats not taken up after each Sale of Balance Flats (SBF) exercise. For the first ROF exercise this August, HDB will be offering 1,394 balance flats. The next ROF exercise will be in February 2018 alongside the regular BTO exercises.
August BTO Sales Launch
Sky Vista @ Bukit Batok and West Scape @ Bukit Batok
Located within the Bukit Batok neighbourhood, the developments are surrounded by a wide range of amenities and facilities such as supermarkets, restaurants and eating establishments, banks, cinemas and a library.
Bukit Batok also offers a variety of recreational and sports facilities. Nature lovers can unwind or take evening strolls at various parks, such as the Bukit Batok Nature Park and Little Guilin. For sports facilities, check out the Bukit Gombak Sports Hall, Stadium, or Bukit Batok Swimming Complex. Daily commute will also be a breeze as the developments are conveniently served by the Bukit Batok and Bukit Gombak MRT stations and bus interchange.
Flats ranging from 2-room Flexi to 5-room are affordably priced from as low as $7,000 and $348,000 respectively, after housing grants.
Rivervale Shores is the choice home for those who love to live near the waters. Located near the Serangoon Reservoir, home buyers will enjoy river views and lush greenery from the neighbourhood park located in the vicinity.
Bounded by Sengkang East Drive and Tampines Expressway, the town is served by Sengkang MRT station and a network of buses and LRT station. There is also a variety of shopping and dining options available at Rivervale Mall, Rivervale Plaza and Compass One at the town centre.
Flats ranging from 2-room Flexi to 5-room are affordably priced from as low as $4,000 and $312,000 respectively, after housing grants.
Eligible first-timer families can receive up to $80,000 of housing grants, comprising the Additional CPF Housing Grant (AHG) (up to $40,000) and the SHG (up to $40,000).
Flexi Flats and Fresh Start Housing Scheme
2-room Flexi flat prices are determined after taking into account factors such as the lease tenure, and whether buyers are first-timers, second-timers, or others.
Families who are on the Fresh Start Housing Scheme can also apply for 2-room Flexi flats. The Fresh Start Housing Scheme is meant to help second-timer families with young children, who stay in public rental flats, to own a flat again.
Some useful tips for flat buyers:
✓ Information on the BTO flats on offer is available on HDB InfoWEB so you can check out all the details online.
✓ Consider applying for a BTO flat in non-mature towns to enjoy a higher chance of success in securing a flat.
✓ You can apply for only 1 flat type/ category in 1 town.
✓ Regular updates on the application numbers for the various flat types/ towns will be published on the HDB InfoWEB, so do check for updates before submitting your application.
✓ Applicants are shortlisted using a computer ballot; they are not processed on a first come first served basis. So there is no need to rush to submit your application.
✓ If you wish to take up an HDB housing loan for your flat purchase, you need to produce a valid HDB Loan Eligibility (HLE) Letter when you book a flat. Do check your loan eligibility and apply for an HLE letter at www.hdb.gov.sg/hleapply.
Next Sales Launch
Applications for the August Sales Launch will close on Monday, 7 August 2017.
There will be another sales launch coming up in November 2017, with about 4,800 flats in Geylang, Punggol, Sengkang and Tampines. Be sure to check the MyNiceHome website and follow our Facebook page for the latest updates!
By Britina Tan
August 1, 2017
You may also be interested in: