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Release of 3rd Quarter 2014 Public Housing Data

Meeting Diverse Housing Needs – 4,079 New Flats for Families and Singles

30 Jul 2013

 HDB has launched 3,861 flats for sale in Bukit Merah, Sengkang, and Yishun under the July 2013 Build-To-Order (BTO) exercise. A wide range of flats, from Studio Apartments to 5-room flats, are being offered to meet diverse housing needs. In this BTO exercise, we are launching a new housing policy for singles. We are also making three refinements to existing housing policies.

2From today, eligible singles will also be able to apply for new 2-room flats in non-mature estates from HDB. This is a new housing policy. A total of 519 new 2-room flats in Sengkang and Yishun will be offered in this BTO exercise, comprising 301 units in new BTO projects, and another 218 units from previous BTO exercises. First-timer singles will enjoy up to 30% of the 2-room flat supply in these non-mature estates.


New 2-Room BTO Flats for Singles


3Currently, singles aged 35 years and above can buy resale flats of any size and in any location. Those who are eligible can receive CPF Housing Grants totalling $30,000, if they apply under the Joint Singles Scheme (JSS). This is the same as for married couples. However, if the singles apply under the Single Singapore Citizen Scheme (SSC), they will get half the grant amount, at $15,000. The new BTO housing policy for singles takes reference from the current resale policy for singles.


4From this BTO launch, first-timer single Singapore citizens earning up to $5,000 per month and are 35 years and above, can buy a new 2-room standard flat in non-mature estates directly from HDB. Singles who apply for these flats under the JSS will pay the same BTO price as married couples. However, singles who apply under the SSC will pay $15,000 more than married couples. Singles who later marry will receive the CPF Housing Top-Up Grant of $15,000 after marriage.


5In parallel, the Government will extend the Additional CPF Housing Grant (AHG) and the Special CPF Housing Grant (SHG) to eligible singles buying BTO flats. Singles who apply under the SSC with a monthly income of up to $2,500 can receive AHG of up to $20,000. Those with monthly income of up to $1,125 can also receive an additional SHG of up to $10,000. Singles who apply under the JSS with a combined monthly income of up to $5,000 can receive AHG of up to $40,000. Those with a combined monthly income of up to $2,250 can also receive an additional SHG of up to $20,000.


Extension of AHG to Singles buying resale flats


6With effect from today, the Government will also extend the AHG to singles buying a resale flat in the open market. This is the first refinement.


7The AHG will be up to $20,000 for those who apply under the SSC and up to $40,000 for those who apply under the JSS. These will be on top of the CPF Housing Grant ($15,000 under SSC and $30,000 under JSS), that they would already be getting.

8The extensions of AHG and SHG are intended to provide even more help to singles to buy their first flat. More details are in Annex A (PDF 191KB).


Higher Income Ceiling for 2-Room Flats in Non-Mature Estates


9With effect from this BTO launch, the monthly household income ceiling for families for 2-room flats in non-mature estates will be increased from $2,000 to $5,000, to give more families the option to buy such flats. This is the second refinement.


Higher Priorities for Couples comprising First-Timer and Second-Timer and Refined Application Process for Non-Selection of Flats


10From this BTO launch, a couple comprising a first-timer and a second-timer applicant will enjoy the same priority in flat allocation as families comprising two first-timers. This is the third refinement.


11The priority for first-timer families include a higher proportion of flat supply set aside for first timers, additional ballot chances and eligibility for schemes such as the Parenthood Priority Scheme and Parenthood Provisional Housing Scheme. This change will help singles who subsequently marry after buying a 2-room BTO flat, to purchase their new matrimonial flat. It will also benefit reconstituted families comprising a first-timer and a second-timer applicant, such as divorcees who remarry.


12Currently, first-timer families who do not book a flat when invited twice to do so will have their first-timer priorities suspended for a 1-year period. From today, first-timer families who have their first-timer priorities suspended but continue not to book a flat when invited twice will have these priorities suspended for another year. Second-timer families and singles who do not book a flat when invited twice to do so will not be able to participate in HDB’s sales exercises for a 1-year period. This is to prevent applicants who are not ready to commit from depriving other applicants who are in urgent need of a flat.


Jul 2013 BTO Exercise


13The 3,861 BTO flats offered in this BTO launch are located in four projects in Bukit Merah, Sengkang, and Yishun. In addition, HDB will offer 218 units of 2-room flats in Sengkang and Yishun from previous BTO launches. First-timer families will continue to enjoy priority flat allocation, with at least 85% (for 4-room and 5-room) and 70% (for 2-room and 3-room) of the BTO flat supply in Sengkang and Yishun (non-mature estates) set aside for them. For the mature estate of Bukit Merah, first-timer families will continue to enjoy priority flat allocation with at least 95% of the flat supply.


14Eligible first-timer families can enjoy up to $60,000 of housing grants, comprising the AHG ($40,000) and SHG ($20,000). With these grants, 2-room, 3-room and 4-room flats will be priced from as low as $16,000, $115,000, and $236,000 respectively (Table 1). Further details can be found in Annex B (PDF 753KB).


Table 1: Flats Offered in Jul 2013 BTO Exercise (All Schemes except SSC Scheme)
Project
Flat Type
Selling Price
(Excluding Grants)
Selling Price
(Including Grants^)
BTO Projects in Non-Mature Estates
Vine Grove@Yishun (JPG 478KB)
2-room*
From $76,000
From $16,000
Vine Grove@Yishun (JPG 478KB) and
Angsana Breeze@Yishun (JPG 405KB)
3-room
From $159,000
From $124,000
4-room
From $258,000
From $243,000
Angsana Breeze@Yishun (JPG 405KB)
5-room
From $334,000
From $324,000
Fernvale Riverwalk (JPG 421KB)
2-room*
From $76,000
From $16,000
3-room
From $150,000
From $115,000
4-room
From $251,000
From $236,000
BTO Projects in Mature Estates
Telok Blangah ParcView (JPG 435KB)
Studio Apartment#
From $113,000
-
3-room
From $304,000
From $274,000
4-room
From $445,000
From $430,000
Additional 2-room Flats@ in Non-Mature Estates
Orchid Spring@Yishun
2-room
From $114,000
From $54,000
Rivervale Arc
2-room
From $107,000
From $47,000
Fernvale Lea
2-room
From $91,000
From $31,000
Notes: * Come in two sizes of about 35 sm (Type 1) and about 45 sm (Type 2).

      ^ The assumed housing grants are:
        a) 2-room flat: $60,000 (comprising AHG of $40,000 and SHG of $20,000)
        b) 3-room flat: $35,000 (comprising AHG of $30,000 and SHG of $5,000)
        c) 4-room flat: $15,000 (i.e. AHG)
        d) 5-room flat: $10,000 (i.e. AHG)
        The actual grant amounts vary based on income and choice of flat type. Read more on various CPF Housing Grants Available.

      # Studio Apartments (SAs) are sold on a 30-year lease, beginning from the date of key collection. Prices are inclusive of the elderly-friendly fittings/finishes. 50% of the supply is set aside for the SA Priority Scheme under which eligible applicants can apply for an SA in the same town as or within 2 km from their current flat/property, or apply for an SA to live near or with parents/married child.

      @ The Optional Component Scheme does not apply as the opt-in period is over. Prices are inclusive of the costs of internal doors.

15The majority of 2-room flats will be about 45 sqm. In addition, the Sengkang and Yishun BTO projects will offer smaller 2-room flats at about 35 sqm, to meet different needs and budgets. These units have also been specially designed to give greater flexibility in the use of space. (see perspective Layout Idea (I) (PDF 687KB), Layout Idea (II) (PDF 511KB), Living_Dining (I) (JPG 315KB), Living_Dining (II) (JPG 349KB)).


Advice for Flat Buyers


16Applicants are strongly advised to apply for a BTO flat in the non-mature estates of Sengkang or Yishun to enjoy a higher chance of success in securing a flat in the Jul 2013 BTO exercise. Applicants who intend to apply for a 2-room flat in Sengkang or Yishun will have the option to select a unit from either the Jul 2013 BTO projects or the additional units launched in earlier BTO exercises, subject to availability.


17Regular updates on the number of applications submitted for the various flat types/towns will be published on the HDB InfoWEB. Applications are advised to check for updates before submitting their application.


Application for Jul 2013 BTO Exercise


18Applications for new flats offered in the Jul 2013 BTO Exercise can be made online at the HDB InfoWEB from today, 30 Jul 2013 (Tuesday) to 5 Aug 2013 (Monday). Applicants can apply for one flat type in one town only.


19More details on the application procedures can be found in Annex C (PDF 160KB).


20For enquiries, the public can:

      - Log on to esales.hdb.gov.sg; or
      - E-mail hdbsales@hdb.gov.sg; or
      - Visit the HDB Sales Office to speak with our Customer Relations Executives during office hours (Monday to Friday 8 am to 5 pm, Saturday 8 am to 1 pm).

Next BTO Exercise in Sep 2013


21In Sep 2013, HDB will offer about 4,140 BTO flats in Punggol and Yishun. More information is available on the HDB InfoWEB. In addition, about 170 units of new 2-room flats from earlier BTO projects in Punggol will be offered to meet the demand of families and singles.


22HDB is also looking into offering more new 2-room flats from earlier BTO projects in the Nov 2013 BTO exercise. More details will be announced at the Sep 2013 BTO exercise.