HDB BTO season comes four times a year, and each quarter, the news reports about the hordes of hopefuls who cross their fingers and hope to be allocated a new flat from HDB. BTO application rates can go over 10 times, especially for popular unit types and 4- and 5-room flats. For instance, the recent Feb 2022 BTO flats in Geylang saw almost 7,800 applicants vying for the 322 units.
If you’re planning to ask your partner “BTO aimai?” and apply for any upcoming BTO or SBF launches, you’ll want to do some research to maximise your chances before taking the plunge. And what better way to do that than by studying past BTO prices and trends?
Do also take note of the new cooling measures when calculating your HDB-granted loan. For any purchase of new BTO flats from 16 December 2021, aspiring homeowners will face a lower LTV limit of 85% (from 90%). This means you would only be able to loan 85% of the property value.
Here is a list of past HDB BTO launch prices, from 2019 to today, for 2-room Flexi, 3-room, 4-room and 5-room flats.
BTO Prices in District 3 (Queenstown, Tiong Bahru) and 4 (Telok Blangah, Harbourfront)
The Bukit Merah BTO flats will be close to popular park attractions such as Mount Faber Park. Source: Visit Singapore
|
BTO project |
Telok Blangah Beacon (Bukit Merah) |
Queen’s Arc (Queenstown) |
|
BTO launch |
May 2021 |
Aug 2021 |
|
2-room Flexi flat prices |
– |
– |
|
3-room flat prices |
$419,000 to $504,000 |
$382,000 to $464,000 |
|
4-room flat prices |
$602,000 to $710,000 |
$540,000 to $670,000 |
|
5-room flat prices |
– |
– |
Bukit Merah is highly sought-after due to its location on the edge of the city core, but BTO launches in the area are scarce. Thus, it comes as no surprise that the May 2021 launch of Telok Blangah Beacon saw prices for 3-room flats hovering at around the half a million mark.
Plus, the proximity to the upcoming Greater Southern Waterfront project makes launches in this area even more desirable.
Read more about the upcoming BTO launches: May 2022 Bukit Merah BTO launch and May 2022 Queenstown BTO launch.
Browse resale HDB flats in Bukit Merah for sale on PropertyGuru.
BTO Prices in District 7 (Rochor)
Source: HDB
|
BTO project |
River Peaks I & II (Rochor) |
|
BTO launch |
Nov 2021 |
|
2-room Flexi flat prices |
– |
|
3-room flat prices |
$409,000 to $474,000 |
|
4-room flat prices |
$582,000 to $688,000 |
|
5-room flat prices |
– |
The first BTO under HDB’s Prime Location Public Housing (PLH) Model is the River Peaks I & II in Rochor. Under the new PLH Model, these prime-location flats will face a longer MOP of 10 years and tighter rental conditions, and owners selling the flat will have to fork out a 6% resale subsidy of the resale price or flat’s valuation, whichever is higher, to HDB when they do sell the house. These new measures were designed to prevent excessive windfall gains (to curb the “lottery effect”) and keep public housing affordable, no matter the location.
Related article: Prime-District HDB Flats: What’s the Government Doing About “The Lottery Effect”?
Rochor is located within the Central Area of the Central Region of Singapore, sharing boundaries with Kallang, Newton, and Downtown Core. It is a walk away from Little India as well as Bugis, offering residents a myriad of amenities and eateries.
Browse resale HDB flats in Rochor for sale on PropertyGuru.
BTO Prices in District 12 (Toa Payoh)
|
BTO project |
Kim Keat Ripples, Toa Payoh Ridge |
Bartley Beacon, ParkView @ Bidadari |
|
BTO launch |
Feb 2020 |
Nov 2021 |
|
2-room Flexi flat prices |
$90,000 to $184,000 |
– |
|
3-room flat prices |
$351,000 to $446,000 |
$324,000 to $397,000 |
|
4-room flat prices |
$395,000 to $666,000 |
$466,000 to $598,000 |
|
5-room flat prices |
– |
$627,000 to $726,000 |
Toa Payoh is a popular mature estate located just a few MRT stops from the Orchard Road shopping belt and also has the benefit of long-standing amenities and F&B businesses.
New launches in the area thus tend to be on the pricey side, with some 4-room flats going for over $500,000. Look out for the next Toa Payoh HDB BTO launch in May 2022.
Browse resale HDB flats in Toa Payoh for sale on PropertyGuru.
BTO Prices in District 13 (Bidadari)
Artist Impression: The upcoming Bidadari Park. Source: HDB
|
BTO project |
Alkaff Breeze, Bartley GreenRise, ParkEdge @ Bidadari |
|
BTO launch |
Feb 2021 |
|
2-room Flexi flat prices |
– |
|
3-room flat prices |
$312,000 to $362,000 |
|
4-room flat prices |
$464,000 to $580,000 |
|
5-room flat prices |
$611,000 to $728,000 |
The redevelopment of the Bidadari area was controversial at the outset, but buyers seem to have let bygones be bygones and rushed to snap up flats in the area. The fledgling estate actually enjoys an attractive location not very far from the city centre, which is reflected in its relatively high prices.
Browse resale HDB flats in Bidadari for sale on PropertyGuru.
BTO Prices in District 14 (Kallang/Whampoa, Geylang)
|
BTO Project |
BTO Launch |
BTO Price |
|
Kallang Breeze, Towner Crest (Kallang/Whampoa) |
Feb 2019 |
$374,000 to $472,000 (3-room) |
|
Kempas Residences (Kallang/Whampoa) |
May 2019 |
$117,000 to $145,000 (2-room Flexi) |
|
Dakota One (Geylang) |
Aug 2020 |
$355,000 to $421,000 (3-room) |
|
McNair Heights (Kallang/Whampoa) |
Feb 2021 |
$117,000 to $182,000 (2-room Flexi) |
|
MacPherson Weave (Geylang) |
May 2021 |
$180,000 to $269,000 (2-room Flexi) |
|
Towner Residences (Kallang/Whampoa) |
Aug 2021 |
$336,000 to $440,000 (3-room) |
|
Kent Heights (Kallang/Whampoa) |
Nov 2021 |
$192,000 to $309,000 (2-room Flexi) |
|
Dakota Crest |
Feb 2022 |
$205,000 to $315,000 (2-room Flexi) |
|
King George’s Heights (Kallang/Whampoa) |
Feb 2022 |
$353,000 to $462,000 (3-room) |
Properties in District 14 tend to be in high demand thanks to their city-fringe location in popular and vibrant neighbourhoods. The Kallang/Whampoa area has the advantage of being a sporting district, while Geylang is home to a wealth of established local eateries.
There are tons of nearby cafes along the Siglap/Joo Chiat/Katong stretch too. As expected, living in the area is relatively expensive, with prices for 4-room flats crossing the $500,000 mark.
Browse resale HDB flats in Geylang and Kallang/Whampoa for sale on PropertyGuru.
BTO Prices in District 18 (Tampines, Pasir Ris)
|
BTO Project |
BTO Launch |
BTO Prices |
|
Tampines GreenGlen (Tampines) |
Sep 2019 |
$312,000 to $380,000 (4-room) |
|
Tampines GreenSpring (Tampines) |
Nov 2019 |
$145,000 to $216,000 (2-room Flexi) |
|
Costa Grove (Pasir Ris) |
Aug 2020 |
$137,000 to $198,000 (2-room Flexi) |
|
Tampines GreenCrest, Tampines GreenGlade, Tampines GreenOpal (Tampines) |
Aug 2020 |
$205,000 to $265,000 (3-room) |
|
Tampines GreenEmerald (Tampines) |
Nov 2020 |
$130,000 to $192,000 (2-room Flexi) |
|
Tampines GreenJade (Tampines) |
Aug 2021 |
$342,000 to $419,000 (4-room) |
|
Tampines GreenQuartz (Tampines) |
Aug 2021 |
$142,000 to $196,000 (2-room Flex) |
Located in the Far East of Singapore, Tampines and Pasir Ris tend to offer affordable flat prices. Tampines is particularly popular with residents as it is a mature estate with established facilities that nonetheless commands relatively low property prices, with most new 4-room flats in the August 2021 BTO exercise being priced at under $400,000.
Browse resale HDB flats in Tampines and Pasir Ris for sale on PropertyGuru.
BTO Prices in District 19 (Sengkang, Punggol, Hougang)
Living in Punggol will make any PMD purchase worth it.
|
BTO project |
BTO launch |
BTO prices |
|
Fernvale Vines (Sengkang) |
Feb 2019 |
$102,000 to $151,000 (2-room Flexi) |
|
Punggol Point Cove, Punggol Point Crown (Punggol) |
Sep 2019 |
$109,000 to $173,000 (2-room Flexi) |
|
Hougang Citrine |
Aug 2021 |
$108,000 to $156,000 (2-room Flexi) |
|
Kovan Wellspring |
Aug 2021 |
$153,000 to $234,000 (2-room Flexi) |
|
Tanjong Tree Residences @ Hougang |
Nov 2021 |
$318,000 to $389,000 (4-room) |
|
Hougang Olive |
Nov 2021 |
$308,000 to $377,000 (4-room) |
Due to low prices and large volumes of BTO launches over the past decade, Punggol has found popularity as a district for young families, with amenities like Punggol Waterway Park springing up to cater to this demographic and those who enjoy the benefits of living near nature. Parts of Punggol are still under construction, which makes it more suitable for future-oriented buyers.
Hougang’s two BTO projects in November 2021 also found popularity amongst parents planning ahead for their children, with choice schools around the vicinity including Maris Stella High School and Paya Lebar Methodist Girls’ School.
Related article: Would You Move House to Live Nearer to a Choice Primary School? We Ask 6 Parents
Browse resale HDB flats in Hougang, Punggol and Sengkang for sale on PropertyGuru.
BTO Prices in District 20 (Ang Mo Kio, Bishan)
|
Name |
BTO Launch |
BTO Prices |
|
Yio Chu Kang Beacon (Ang Mo Kio) |
Nov 2019 |
$170,000 to $253,000 (2-room Flexi) |
|
Kebun Baru Edge (Ang Mo Kio) |
Aug 2020 |
$423,000 to $550,000 (4-room) |
|
Bishan Towers (Bishan) |
Aug 2020 |
$176,000 to $277,000 (2-room Flexi) |
|
Bishan Ridges (Bishan) |
Nov 2020 |
$121,000 to $179,000 (2-room Flexi) |
Ang Mo Kio and Bishan are popular mature estates that enjoy a wealth of established eateries and community facilities. While not on the city fringe, the area is considered fairly accessible from the city centre. BTO prices are not cheap (and the estate is home to many million-dollar HDB flats), but still slightly more affordable than neighbouring mature estate Toa Payoh’s.
Browse resale HDB flats in Ang Mo Kio and Bishan for sale on PropertyGuru.
BTO Prices in District 22 (Boon Lay, Jurong, Tuas)
Artist’s impression of the Jurong Region Line.
|
BTO project |
Boon Lay Glade, |
Toh Guan Grove |
Nanyang Opal |
|
BTO launch |
Feb 2019 |
Aug 2021 |
Nov 2021 |
|
2-room Flexi flat prices |
$95,000 to $160,000 |
$121,000 to $189,000 |
– |
|
3-room flat prices |
$185,000 to $243,000 |
$237,000 to $281,000 |
$173,000 to $229,000 |
|
4-room flat prices |
$257,000 to $364,000 |
$347,000 to $436,000 |
$264,000 to $321,000 |
|
5-room flat prices |
$338,000 to $457,000 |
– |
– |
For those who wish to enjoy the dynamism of the west side of Singapore, the Jurong Lake district is becoming increasingly popular thanks to its scenic location and proximity to the Jurong East commercial district. Classified as a non-mature estate, Jurong now enjoys a wealth of amenities even as BTO prices remain relatively affordable.
With the upcoming Jurong Region Line, Singapore’s seventh MRT line, the area will be more connected than ever.
Browse resale HDB flats in Jurong for sale on PropertyGuru.
BTO Prices in District 23 (Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang)
|
BTO project |
Keat Hong Verge (Choa Chu Kang) |
West Hill @ Bukit Batok, Harmony Village @ Bukit Batok (Bukit Batok) |
|
BTO launch |
Aug 2020 |
Feb 2021 |
|
2-room Flexi flat prices |
$99,000 to $143,000 |
$92,000 to $144,000 |
|
3-room flat prices |
$164,000 to $214,000 |
$175,000 to $221,000 |
|
4-room flat prices |
$253,000 to $326,000 |
$260,000 to $334,000 |
|
5-room flat prices |
– |
$384,000 to $460,000 |
District 23, located in the Northwest of Singapore, is an affordable non-mature estate, with 4-room BTO flats going for around $300,000. Residents not content with neighbourhood malls can opt to travel to the Jurong East or Upper Bukit Timah areas for their shopping and lifestyle needs.
Thinking of living in the west? Read more about the upcoming May 2022 Jurong West BTO launch.
Browse resale HDB flats in Choa Chu Kang and Bukit Batok for sale on PropertyGuru.
BTO Prices in District 24 (Lim Chu Kang, Tengah)
Garden Bloom at Tengah BTO Artist’s Impression. Source: HDB
|
BTO Project |
BTO Launch |
BTO Prices |
|
Garden Vale @ Tengah, Plantation Acres |
May 2019 |
$106,000 to $154,000 (2-room Flexi) |
|
Garden Vines @ Tengah, Plantation Village, Plantation Grange |
Nov 2019 |
$110,000 to $167,000 (2-room Flexi) |
|
Parc Residences @ Tengah |
Aug 2020 |
$108,000 to $157,000 (2-room Flexi) |
|
Garden Court @ Tengah, Garden Terrace @ Tengah |
Nov 2020 |
$108,000 to $150,000 (2-room Flexi) |
|
Parc Woods @ Tengah |
Feb 2021 |
$110,000 to $167,000 (2-room Flexi) |
|
Garden Bloom @ Tengah |
May 2021 |
$113,00 to $167,000 (2-room Flexi) |
|
Parc Clover @ Tengah, Parc Glen @ Tengah |
Nov 2021 |
$119,000 to $190,000 (2-room Flexi) |
|
Plantation Creek |
Feb 2022 |
$309,000 to $377,000 (4-room) |
Tengah in the northwest of Singapore is currently undergoing extensive development, hence the high number of BTO launches in the last two years. It is one of the most affordable estates to buy a flat in, although residents will need to contend with extensive construction for many years after moving in.
Browse resale HDB flats in Tengah for sale on PropertyGuru.
BTO Prices in District 25 (Woodlands)
|
BTO Project |
BTO Launch |
BTO Prices |
|
Champions Green |
May 2019 |
$86,000 to $128,000 (2-room Flexi) |
|
Champions Bliss, UrbanVille @ Woodlands |
Aug 2020 |
$90,000 to $162,000 (2-room Flexi) |
|
Woodgrove Ascent |
May 2021 |
$98,000 to $148,000 (2-room Flexi) |
Woodlands in the north of Singapore is one of the more affordable areas to live in. While a considerable distance from the city centre, the area enjoys proximity to Johor Bahru and also boasts a range of established amenities such as Causeway Point despite its status as a non-mature estate.
Browse resale HDB flats in Woodlands for sale on PropertyGuru.
BTO Prices in District 27 (Yishun, Sembawang)
|
BTO Project |
BTO Launch |
BTO Prices |
|
Canberra Vista |
Feb 2020 |
$89,000 to $141,000 (2-room Flexi) |
|
Sun Sails |
Nov 2020 |
$92,000 to $122,000 (2-room Flexi) |
|
Grove Spring @ Yishun |
Feb 2022 |
$102,000 to $145,000 (2-room Flexi) |
|
Yishun Boardwalk |
Feb 2022 |
$95,000 to $149,000 (2-room Flexi) |
Singapore’s northernmost district comprises sleepy neighbourhoods, Sembawang, Yishun and Admiralty. Their distance from the city centre is what makes launch prices relatively affordable.
The draw for many who apply for a BTO flat at Yishun and Sembawang is the tranquillity of the neighbourhoods. Being situated away from the bustle of the city and having various reservoirs, green spaces, and even a hot spring garden, make the areas attractive places to live in.
Compared to Yishun, Sembawang is a peaceful non-mature estate that is currently undergoing development, with plans for a new mall and sports hub in the works. Yishun, on the other hand, is best known for ORTO, a 24-hour hidden adventure park brimming with plenty of family-fun activities and restaurants to keep residents entertained
Browse resale HDB flats in Sembawang for sale on PropertyGuru.
More FAQs about Buying BTO Flats in Singapore
Where Can I Find Information About New Launches of BTO Flats?
Check out our HDB BTO launch guide here.
Are BTO Flats Cheaper Than Resale HDB Flats?
Yes, BTO flats tend to be cheaper than resale flats as they are subsidised by the Government.
How Long Must I Wait Before My BTO Flat Is Built?
The waiting time for BTO flats is usually about three to four years. However, due to the COVID-19 situation, there may be delays, stretching it to five years or more.
For more property news, resources and useful content like this article, check out PropertyGuru’s guides section.
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