HDB launches 3923 new BTO flats

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The HDB has launched five BTO projects comprising a total of 3,923 new flats in Punggol, Sengkang, Tampines and Choa Chu Kang.

The five projects, Fernvale Lea, Sunshine Gardens, Tampines Alcoves, Tampines GreenTerrace (pictured) and Waterway Sunbeam, make up the first BTO launch of the 25,000 units planned for 2012.

“At least 95 percent of the flat supply (excluding studio apartments) will be set aside for first-timer households. Eligible first-timer households can also enjoy various housing grants to help them own a new BTO flat,” HDB said.

The Fernvale Lea project features two- to five-room flats with prices starting from S$83,000, or S$23,000 after grants.

Tampines Alcoves offers studio apartments and three-room flats, while Tampines GreenTerrace offers three- and four-room flats. Prices start from S$86,000.

Meanwhile, Sunshine Gardens offers studio apartments and three- to five-room flats priced from S$77,000.

At the same time, Waterway Sunbeam features three- to five-room flats with prices starting from S$117,000.

In its next BTO launch scheduled for March, HDB will offer about 4,110 new flats for sale in Bukit Batok, Bedok, Bukit Timah, Bukit Panjang, Geylang, Toa Payoh and Clementi.

Applications for the newly launched flats are open until 17 January.

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