||Asean Affairs 31 May 2013
HDB launches 8,000 flats for sale under joint BTO and SBF exercise
SINGAPORE: The Housing and Development Board (HDB) has launched 8,000 flats for sale under the joint Build-To-Order (BTO) and Sale of Balance Flats (SBF) exercise. Three new housing measures to help first-timers, second-timers, divorcees, and the elderly will also take effect from this sales exercise.
To help more first-timers buy a flat earlier, HDB will extend the Parenthood Priority Scheme (PPS) to married first-timers who are expecting a child.
For second-timers who are right-sizing, HDB will double the quota of two-room and three-room BTO flats for second-timers in non-mature estates from 15 per cent to 30 per cent.
Out of the 30 per cent quota, five per cent will be set aside for second-timer applicants who are divorced or widowed with children below 16 years old under the Assistance Scheme for Second-Timers (Divorced/Widowed Parents), also known as ASSIST.
HDB will reserve 50 per cent of the studio apartment (SA) supply in BTO and SBF exercises for eligible elderly applicants under the Studio Apartment Priority Scheme (SAPS). This will provide greater assurance of success for elderly who want to right-size to an SA near their current flat or private property, or near their married children.
HDB will offer 4,900 BTO flats over eight projects in five non-mature towns, namely Choa Chu Kang, Hougang, Jurong West, Sembawang, and Woodlands. The projects are EastBrook @ Canberra, EastWave @ Canberra, Golden Mint, Hougang Crimson, Keat Hong Crest, Spring Haven @ Jurong, and Woodlands Pasture I & II.
The Multi-Generation Priority Scheme (MGPS) for parents and married children to apply jointly for flats in the same BTO project will be available to those applying for flats at EastBrook @ Canberra and Spring Haven @ Jurong. 50 per cent of the SAs in Golden Mint will be set aside for eligible elderly flat applicants under the SAPS.
HDB will offer another 3,100 balance flats in 11 non-mature and 15 mature towns/estates under the SBF Exercise. The non-mature towns are Bukit Batok, Bukit Panjang, Choa Chu Kang, Hougang, Jurong East, Jurong West, Punggol, Sembawang, Sengkang, Woodlands, and Yishun.
The mature towns are Ang Mo Kio, Bedok, Bishan, Bukit Merah, Bukit Timah, Central, Clementi, Geylang, Kallang Whampoa, Marine Parade, Pasir Ris, Queenstown, Serangoon, Tampines, and Toa Payoh.
Applications for new flats launched in the May 2013 BTO and SBF Exercises can be submitted online from May 30 to June 5. Applicants can apply for only one flat type/category in one town under either the BTO or SBF Exercise.
In the next BTO launch in July 2013, HDB will offer about 3,800 BTO flats in Bukit Merah, Sengkang, and Yishun.