SINGAPORE: The Housing and Development Board (HDB) on Tuesday (Aug 30) launched 4,993 flats under its August Build-to-Order (BTO) exercise. The flats will be spread across seven projects in both mature and non-mature estates - namely Ang Mo Kio, Bukit Merah, Choa Chu Kang, Jurong East, Tampines and Woodlan
SINGAPORE: The Housing and Development Board on Tuesday launched 4,993 flats under its August Build-to-Order exercise.
Of the seven projects, two in Bukit Merah - Havelock Hillside and Alexandra Vale - are under the Prime Location Public Housing model. As PLH flats come with additional subsidies, owners will have to return to HDB a percentage of the resale price or valuation upon the sale of their flats, whichever is higher.
The housing board also advised home buyers looking to move into their flats sooner to consider BTO projects in Choa Chu Kang, Tampines and Woodlands as these have the shortest waiting times at 3.8 years or less.
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