The next HDB BTO launch is slated to take place in May 2023. Encompassing five projects in total, the launch will see new units released in three mature estates Bedok, Kallang/Whampoa and Serangoon and two locations in Tengah, a non-mature estate. The upcoming launch will offer a comprehensive mix of units, ranging from 2-room Flexi, to 3-room, 4-room.
The May 2023 Serangoon BTO is probably the most anticipated project for this launch. Because the first (and last time) HDB launched a BTO here was nine years ago for short-lease studio apartments. This means that previously, families could only buy a flat here from the resale market (which commands a premium). But that’s set to change with the upcoming.
Now that the February 2023 BTO season is over, let’s look forward to the May 2023 BTO. For now, we know that around 5,480 units will be available for balloting across four estates. This will be the last HDB BTO launch where first-timer applicants who reject the opportunity to book a flat can still get one more chance to enjoy.