By : Priya Shandhini
24 May 2016
The May Sales Launch has begun! Buyers can select from 8,940 flats across 25 towns and estates under the May 2016 Build-To-Order (BTO) cum Sale of Balance Flats (SBF) exercise.
With a wide range of flat types and locations, there is a flat for every family’s budget and need! We give you the highlights to get you up to speed
There are 3,770 BTO flats offered across 4 projects – in the non-mature towns of Bukit Panjang and Sembawang and in the mature towns of Ang Mo Kio and Bedok.
EastCreek @ Canberra
Looking northwards? Then EastCreek @ Canberra might be the project for you. Located in Sembawang, this development has lots of greenery as well as gathering spaces for communities. Fitness buffs will be keen to know that a proposed park is coming up next door and will be fronting the Simpang Kiri park connector. The residents have a wide range of facilities and transport options too.
Flats ranging from 2-room Flexi to 5-room can be purchased from as low as $4,000 and $303,000 respectively, after housing grants.
Senja Valley, Senja Heights and Senja Ridges
Senja Valley, Senja Heights and Senja Ridges are three BTO projects in Bukit Panjang located next to each other which are available for selection this Sales Launch. Residents can look forward to roof gardens and sky terraces, where they can enjoy, interact and bond with their neighbours and family. For all their other needs, residents can head to the nearby facilities in the town.
Flats ranging from 2-room Flexi to 3Gen can be purchased from as low as $4,000 and $306,000 respectively, after housing grants.
Ang Mo Kio Court
For families considering bigger units for the extended family, Ang Mo Kio Court also has 3Gen flats. This development has a wide range of facilities conveniently situated, with the town and neighbourhood centre as well as a mall nearby.
Flats ranging from 2-room Flexi to 3Gen can be purchased from as low as $102,000 and $531,000 respectively, after housing grants.
Bedok North Woods
If you love the east then you can take a look at the Bedok North Woods development which is along Bedok North Road. With roof gardens and ample open spaces for mingling and interaction, this project is conveniently situated near the transportation, dining and shopping facilities.
3-room and 4-room flats can be purchased from as low as $242,000 and $393,000 respectively, after housing grants.
5,170 balance flats in 11 non-mature towns and 14 mature towns will be offered in this May 2016 SBF exercise. These comprise of 900 units of 2-room Flexi, 1,070 units of 3-room, 1,942 units of 4-room, 1,168 units of 5-room, 77 units of 3Gen and 13 units of executive flats. Most of the flats offered under the SBF exercise are reserved for first-timer families and eligible first-timer singles may also apply for a 2-room Flexi flat in the non-mature towns.
Some useful tips for flat buyers:
✓ Information on the BTO flats on offer is available on HDB InfoWEB so you can check out the details without making a trip down to HDB Hub.
✓ 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 number of applications 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.
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). For
2-room Flexi flats, the prices are determined after taking into account factors like the lease tenure and whether buyers are first-timers, second-timers, or others.
With 8,940 flats comprising a wide range of flat types, there is a flat for every family’s budget and need! For more details, visit the Sales Launch page.
There will be another Sales Exercise coming up in August 2016, with about 4,810 BTO flats in Hougang, Sembawang, Tampines and Yishun. Be sure to check the MyNiceHome website and follow our Facebook page for the latest updates.