HDB launches 7,964 BTO flats across 6 towns in first exercise under higher income ceilings
The Housing & Development Board (HDB) has launched 7,964 Build-To-Order (BTO) flats across six towns in its November sales exercise, the first since household income ceilings were raised to $16,000 for families and $8,000 for singles.The flats are spread across seven projects in Bedok, Geylang, Sembawang, Tengah, Toa Payoh and Yishun, comprising three Standard projects, three Plus projects and one Prime project, the Housing Development Board (HDB) said in a media release on Wednesday (Nov 4).Among them are 1,310 flats at Sembawang Anchor with shorter waiting times of less than three years, while the remaining projects have waiting times of under four years.Prices start from $131,000 for a two-room Flexi flat at Tengah's Plantation Dew, while eligible first-timer families can receive Enhanced CPF Housing Grants (EHG) of up to $120,000. HDB's illustrative examples show that four-room Standard flats can cost from $232,000 after grants.