4,841 flats launched across 5 projects

Property consultants are expecting keen interest for some 4,841 HDB BTO flats launched for sale on Wednesday, especially for the flats at Tampines GreenVerge and Tampines GreenView.
Property consultants are expecting keen interest for some 4,841 HDB BTO flats launched for sale on Wednesday, especially for the flats at Tampines GreenVerge and Tampines GreenView. PHOTO: HOUSING DEVELOPMENT BOARD

The latest launch of new Housing Board flats began yesterday, with 4,841 units on offer across five Build-to-Order (BTO) projects.

These include two projects in the mature estate of Tampines, which experts expect to be sought after.

But as of 5pm yesterday, Buangkok Woods in Hougang was proving the most popular, with six applicants for every 10 available units.

In a Facebook post, National Development Minister Lawrence Wong highlighted such flats, noting that a typical three-roomer in a non-mature estate like Hougang costs about $185,000 before grants.

In contrast, three-roomers in Tampines start at $202,000.

The BTO exercise runs until next Tuesday.

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A version of this article appeared in the print edition of The Straits Times on August 18, 2016, with the headline '4,841 flats launched across 5 projects'. Print Edition | Subscribe