We have originally scheduled two BTO launches for the rest of this year, in September and November. As it turned out, we were able to finalise three major housing policies which would further enhance affordability and build flexibility into our housing options: a new 2R Flexi Scheme, an increase in the income ceiling, and enhancements to the Special CPF Housing Grant (SHG). The new policies will benefit many Singaporeans, including families, singles, and seniors.
As implementation of any new policy does require some time, we therefore decided to delay the September BTO launch by a few weeks, so that these initiatives can benefit as many Singaporeans as possible starting from the very next BTO launch. Looking at the timing of the November BTO launch, we decided that a practical way is to merge the two launches into one mega launch in November.
This will mean a bumper crop of about 7,000 BTO flats in 6 HDB towns across the country: Bidadari, Bukit Batok, Choa Chu Kang, Hougang, Punggol Northshore and Sengkang. In addition, we are ready to market 5,000 balance flats in a concurrent Sale of Balance Flats (SBF) exercise. This means a combined launch of 12,000 new flats in one go. I am sure home buyers will be able to find a flat that will suit their budget and needs.
Do visit HDB InfoWEB for more information on the BTO flats to be offered. And if you are around the HDB Hub area, do drop by at the My Nice Home Gallery which is open Mondays to Saturdays. The mock-up HDB flats can help you plan your new home.
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