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HDB launches 6,753 new flats in May sales exercise

HDB launches 6,753 new flats in May sales exercise.

SINGAPORE: The Housing and Development Board (HDB) has launched 6,753 flats for sale under its latest Build-to-Order (BTO) and Sale of Balance Flats (SBF) exercise, it said in a press release on Wednesday (May 22).

The launch includes 3,485 BTO flats in Kallang Whampoa, Tengah and Woodlands as well as 3,268 SBF flats across various towns and estates.

This is the first HDB sales exercise in which the balloting time for BTO flats has been reduced from six to three weeks, and where upcoming BTO sites are announced six months in advance instead of the previous three months.


Adapted from CNA 22 May 2019