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Singapore's Housing Board launches 8,940 flats for sale in May

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The Housing & Development Board (HDB) of Singapore on Tuesday launched 8,940 flats for sale under the May 2016 Build-To-Order (BTO) and Sale of Balance Flats (SBF) exercise.

THE Housing & Development Board (HDB) of Singapore on Tuesday launched 8,940 flats for sale under the May 2016 Build-To-Order (BTO) and Sale of Balance Flats (SBF) exercise.

There will be 3,770 BTO units and 5,170 SBF units across 25 towns and estates. The BTO units will be across four projects in the non-mature towns of Bukit Panjang and Sembawang, and another two projects in the mature towns of Ang Mo Kio and Bedok.

The latest exercise is the second BTO launch for 2016, bringing the total number of BTO flats offered in the first half of this year to 7,940 units.

Together with the 5,170 balance flats offered in the latest exercise, HDB has offered a total of 13,110 flats for sale in the first half of 2016, to meet the housing needs of Singaporeans.