3,100 flats to be launched in first BTO exercise of 2019

Singapore

THE Housing and Development Board (HDB) said on Friday that the first Build-To-Order (BTO) exercise of the year will be launched in February, offering up about 3,100 flats in Jurong West, Kallang/Whampoa and Sengkang. There will also be a concurrent reoffer of balance flats exercise, HDB said, adding that it plans to launch about 15,000 new flats for sale in 2019.

Also, in its latest figures released on Friday, HDB said that the resale price index (RPI) fell by 0.2 per cent, from 131.6 in the third quarter of 2018 to 131.4 in the fourth quarter of 2018. The RPI for the full year of 2018 registered a decline of 0.9 per cent.