The Housing Board on Wednesday launched 6,800 Build-To-Order (BTO) flats for sale across eight projects in Choa Chu Kang, Kallang/Whampoa, Queenstown and Tengah. Two of the projects, in Kallang/Whampoa and Queenstown, fall under the prime location public housing (PLH)...
The two developments, Rail Green I and Rail Green II @ CCK, will comprise 12 blocks ranging from 13 to 31 storeys.The Housing Board on Wednesday launched 6,800 Build-To-Order flats for sale across eight projects in Choa Chu Kang, Kallang/Whampoa, Queenstown and Tengah.
HDB issues three times more queue numbers than the flat supply, in anticipation of applicants dropping out during the flat selection process. These applicants can continue applying for future exercises but will be subject to stricter rules announced earlier. For instance, first-timer applicants who do not select a BTO flat when invited will be considered second-timers – with fewer ballot chances – in subsequent flat applications for a year.It said the new flats in this launch are priced with significant market discounts to ensure affordability, and hence, are considerably cheaper than comparable resale flats.
Buyers will also have to wait the longest for these units, which will take about 4½ years to be completed. Applicants under this new First-Timer priority category will also get one extra ballot chance in their BTO and Sale of Balance flat applications, for a total of three chances.
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