Tuesday, November 27, 2012

Seven BTO sites launched

HDB launched seven built-to-order (BTO) projects on Nov 21, offering 6,462 new flats in three mature towns — Bedok, Queenstown and Toa Payoh — and two new towns, Choa Chu Kang and Sengkang. The new BTO sites launched will bring the total this year to 27,084 new units, the largest supply released in a year since the system was introduced a decade ago.

Along with 7,153 units offered earlier in the March and September Sale of Balance Flats exercises, HDB has launched a total of 34,237 new flats in 2012.

In January next year, the HDB will offer some 3,320 BTO flats in Ang Mo Kio, Choa Chu Kang, Hougang, Kallang Whampoa, Tampines and Yishun. It is planning to launch at least 20,000 BTO flats next year. First-timers will continue to enjoy priority flat allocation, with at least 95% and 85% of the BTO flat supply (excluding Studio Apartments) set aside for them in mature towns and non-mature towns respectively. The Multi-Generation Priority Scheme will be available to those applying for flats at Fengshan Green- Ville, Ghim Moh Edge and Toa Payoh Crest. Elderly flat owners in Bedok, Queenstown and Toa Payoh will also enjoy doubled balloting chances under the Ageing-In-Place Priority Scheme when they apply for a studio apartment in Fengshan GreenVille, Ghim Moh Edge and Toa Payoh Crest.—

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