Location, nearby amenities, purchase price, resale price, application rates, mature/non-mature estate, room types, heck, even the direction of the sun. There are a multitude of factors to consider when choosing your HDB Build-to-Order (BTO) flat. It can be very overwhelming-especially after flat non-selection rules were tightened last year from the September 2023 BTO launch onwards. So this year for the.
For those who've been used to the timely launches, it might seem a little strange (or surprising) to see an October BTO launch. This time, HDB has launched 6,800 BTO flats across four key areas: Choa Chu Kang, Kallang/Whampoa, Queenstown, and Tengah. The best part? About 75 per cent of these homes are expected to be ready in four years.
With an estimated 1,870 units, the August 2023 Choa Chu Kang BTO will be the biggest project in this launch. All flat types, including 3Gen flats, will be offered in this project. Unlike a standard BTO flat, 3Gen flats come with two master bedrooms. This marks the second time 3Gen flats are available for balloting this year. The first one.
The pace of million-dollar HDB transactions may have slowed, but we're still seeing record resale HDB prices. At the time of writing, the record price for an HDB flat has hit $1.5 million, for a jumbo flat in Tiong Bahru. This week, we looked at some other areas where flats are not quite at $1 million yet, but may soon.