Thursday, July 14, 2011

Housing development board


Housing development boardhe Housing and Development Board (HDB) has launched seven Build-to-Order (BTO) projects offering 3,600 new flats.It has combined the BTO launches originally planned for June and July in Thursday's launch, giving flat buyers more housing optionsThese 3,600 new flats are located across various towns, in Sengkang, Punggol, Tampines, Jurong West, Yishun and (two BTOs in) Bukit PanjangMost of the flats on offer are four and five-room units.


The price of four-room units start at S$217,000 and five-room units go from S$274,000.At least 95 per cent of the flat supply (excluding Studio Apartments) will be set aside for First-Timer households.Lower income applicants can also enjoy various housing grants including the Additional CPF Housing Grant and the Special CPF Housing Grant to reduce the cost of owning a new BTO flat.With Thursday's launch, HDB said it has released about 15,500 BTO flats in the first seven months of this year.HDB said it is on track to deliver 25,000 BTO flats this year.
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