Singles will be able to apply for two-room flexi flats in all locations from the upcoming Build-To-Order (BTO) sales exercise in October. More than 1,900 such flats will be on offer in 10 out of the 15 BTO projects that will be launched, the Housing Board said in a...
More than 1,900 such flats will be on offer in 10 out of the 15 BTO projects that will be launched, HDB said on Oct 4. Singles will be able to apply for two-room flexi flats in all locations from the upcoming Build-To-Order sales exercise in October.
From October’s sales launch, flats will be classified into Prime, Plus or Standard categories, replacing the current classification of estates as either mature or non-mature.HDB said it will continue to set aside up to 65 per cent of two-room flexi flats – that are not meant for seniors – in projects across all categories for first-timer singles, who will be subject to the prevailing income ceiling of $7,000.
Prime and Plus flats, which are located closer to amenities such as MRT stations and town centres, will come with stricter resale conditions, such as a 10-year minimum occupation period and a subsidy clawback. Those buying resale flats can also receive the EHG, as well as up to $40,000 from the CPF Housing Grant, and up to $15,000 from the Proximity Housing Grant.
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