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. HDB BTO application rates can go over 10 times, especially for popular unit types and 4- and 5-room flats. After all, HDB BTO prices are considered a steal compared to the high resale prices now on the market.
For instance, the recent HDB BTO November 2022 in Kallang/Whampoa saw 4,561 applicants vying for the 405 available units, with the overall application rate being 11.3 for 4-room flats for non-elderly applicants. We are expecting a high number of BTO applicants too for the upcoming February 2023 BTO launch, with flats at convenient locations such as Kallang/Whampoa and Queenstown.
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 HDB BTO prices and trends?
Here is a list of past HDB BTO prices, from 2019 to November 2022, for 2-room Flexi, 3-room, 4-room and 5-room flats.
HDB BTO Prices in Districts 3 (Queenstown, Tiong Bahru) and 4 (Telok Blangah, Harbourfront)
| BTO project | BTO launch | HDB BTO price |
| Telok Blangah Beacon (Bukit Merah) | May 2021 | $419,000 to $504,000 (3-room) $602,000 to $710,000 (4-room) |
| Queen’s Arc (Queenstown) | Aug 2021 | $382,000 to $464,000 (3-room) $540,000 to $670,000 (4-room) |
| Bukit Merah Ridge (Bukit Merah) | May 2022 | $377,000 to $509,000 (3-room) $540,000 to $737,000 (4-room) |
| Ghim Moh Ascent (Queenstown) | May 2022 | $369,000 to $481,000 (3-room) $511,000 to $691,000 (4-room) |
| Alexandra Vale (Bukit Merah) | Aug 2022 | $385,000 to $477,000 (3-room) $547,000 to $705,000 (4-room) |
| Havelock Hillside (Bukit Merah) | Aug 2022 | $370,000 to $515,000 (3-room) $531,000 to $730,000 (4-room) |
| Ulu Pandan Banks (Queenstown) | Nov 2022 | $362,000 to $504,000 (3-room) $546,000 to $725,000 (4-room) |
| Queensway Canopy (Queenstown) | Nov 2022 | $392,000 to $488,000 (3-room) $551,000 to $695,000 (4-room) |
| Ghim Moh Natura (Queenstown) | Nov 2022 | $206,000 to $314,000 (2-room Flexi) $364,000 to $487,000 (3-room) $516,000 to $696,000 (4-room) |
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 is no surprise that the Aug 2022 launch of Havelock Hillside 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.
If you’re keen to stay in Queenstown, there will be about 730 3-room and 4-room BTO flats up for balloting in the Feb 2023 BTO launch.
Browse resale HDB flats in Bukit Merah and Queenstown for sale on PropertyGuru.
HDB BTO Prices in District 7 (Rochor)
| BTO project | River Peaks I & II (Central – Rochor) |
| BTO launch | Nov 2021 |
| 2-room Flexi flat price | – |
| 3-room BTO price | $409,000 to $474,000 |
| 4-room BTO price | $582,000 to $688,000 |
| 5-room BTO price | – |
The first BTO launched under the PLH model is the River Peaks I & II in Rochor. Under the 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 clawback subsidy of 6% 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.
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 and Bugis, offering residents a plethora of amenities and eateries.
Browse resale HDB flats in Rochor for sale on PropertyGuru.
HDB BTO Prices in District 12 (Toa Payoh)
| BTO project | BTO launch | HDB BTO price |
| Kim Keat Ripples, Toa Payoh Ridge | Feb 2020 | $90,000 to $184,000 (2-room Flexi) $351,000 to $446,000 (3-room) $395,000 to $666,000 (4-room) |
| Bartley Beacon, ParkView @ Bidadari | Nov 2020 | $324,000 to $397,000 (3-room) $466,000 to $598,000 (4-room) $627,000 to $726,000 (5-room) |
| Kim Keat Heights | May 2020 | $162,000 to $263,000 (2-room Flexi) $289,000 to $373,000 (3-room) $420,000 to $559,000 (4-room) |
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 the 4-room BTO price usually set at over $500,000.
Browse resale HDB flats in Toa Payoh for sale on PropertyGuru.
HDB BTO Prices in District 13 (Bidadari)
| BTO project | Alkaff Breeze, Bartley GreenRise, ParkEdge @ Bidadari |
| BTO launch | Feb 2021 |
| 2-room Flexi flat price | – |
| 3-room BTO price | $312,000 to $362,000 |
| 4-room BTO price | $464,000 to $580,000 |
| 5-room BTO price | $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.
HDB BTO Prices in District 14 (Kallang/Whampoa, Geylang)
| BTO project | BTO launch | HDB BTO price |
| Kallang Breeze, Towner Crest (Kallang/Whampoa) | Feb 2019 | $374,000 to $472,000 (3-room) $523,000 to $674,000 (4-room) |
| Kempas Residences (Kallang/Whampoa) | May 2019 | $117,000 to $145,000 (2-room Flexi) $378,000 to $469,000 (3-room) $562,000 to $674,000 (4-room) |
| Dakota One (Geylang) | Aug 2020 | $355,000 to $421,000 (3-room) $523,000 to $617,000 (4-room) |
| McNair Heights (Kallang/Whampoa) | Feb 2021 | $117,000 to $182,000 (2-room Flexi) $359,000 to $435,000 (3-room) $532,000 to $672,000 (4-room) |
| MacPherson Weave (Geylang) | May 2021 | $180,000 to $269,000 (2-room Flexi) $343,000 to $405,000 (3-room) $489,000 to $626,000 (4-room) |
| Towner Residences (Kallang/Whampoa) | Aug 2021 | $336,000 to $440,000 (3-room) $500,000 to $656,000 (4-room) |
| Kent Heights (Kallang/Whampoa) | Nov 2021 | $192,000 to $309,000 (2-room Flexi) $511,000 to $660,000 (4-room) |
| Dakota Crest (Geylang) | Feb 2022 | $205,000 to $315,000 (2-room Flexi) $352,000 to $456,000 (3-room) $522,000 to $688,000 (4-room) |
| King George’s Heights (Kallang/Whampoa) | Feb 2022 | $353,000 to $462,000 (3-room) $488,000 to $675,000 (4-room) |
| Kallang Horizon (Kallang/Whampoa) | Nov 2022 | $335,000 to $447,000 (3-room) $509,000 to $690,000 (4-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.
The February 2023 BTO launch will offer 1,770 units in Kallang/Whampoa if you’re keen to stay in this neighbourhood. Browse resale HDB flats in Geylang and Kallang/Whampoa for sale on PropertyGuru.
Browse resale HDB flats in Kallang/Whampoa for sale on PropertyGuru.
HDB BTO Prices in District 18 (Tampines, Pasir Ris)
| BTO project | BTO launch | HDB BTO price |
| Tampines GreenGlen (Tampines) | Sep 2019 | $312,000 to $380,000 (4-room) $418,000 to $504,000 (5-room) |
| Tampines GreenSpring (Tampines) | Nov 2019 | $145,000 to $216,000 (2-room Flexi) $281,000 to $328,000 (3-room) $394,000 to $480,000 (4-room) $508,000 to $606,000 (5-room) |
| Costa Grove (Pasir Ris) | Aug 2020 | $137,000 to $198,000 (2-room Flexi) $245,000 to $317,000 (3-room) $374,000 to $460,000 (4-room) $493,000 to $581,000 (5-room) |
| Tampines GreenCrest, Tampines GreenGlade, Tampines GreenOpal (Tampines) | Aug 2020 | $205,000 to $265,000 (3-room) $311,000 to $390,000 (4-room) $423,000 to $517,000 (5-room) |
| Tampines GreenEmerald (Tampines) | Nov 2020 | $130,000 to $192,000 (2-room Flexi) $334,000 to $410,000 (4-room) $460,000 to $538,000 (5-room) |
| Tampines GreenJade (Tampines) | Aug 2021 | $342,000 to $419,000 (4-room BTO Price) $475,000 to $564,000 (5-room) |
| Tampines GreenQuartz (Tampines) | Aug 2021 | $142,000 to $196,000 (2-room Flexi) $244,000 to $291,000 (3-room) $352,000 to $445,000 (4-room) $485,000 to $597,000 (5-room) |
| Sun Plaza Spring (Tampines) | Aug 2022 | $381,000 to $438,000 (4-room) $520,000 to $590,000 (5-room) |
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 command relatively low property prices, with 4-room flats in the August 2022 Tampines BTO launch starting from $381,000.
Browse resale HDB flats in Tampines and Pasir Ris for sale on PropertyGuru.
HDB BTO Prices in District 19 (Sengkang, Punggol, Hougang)
| BTO project | BTO launch | HDB BTO price |
| Fernvale Vines (Sengkang) | Feb 2019 | $102,000 to $151,000 (2-room Flexi) $191,000 to $242,000 (3-room) $283,000 to $344,000 (4-room) $365,000 to $433,000 (5-room) |
| Punggol Point Cove, Punggol Point Crown (Punggol) | Sep 2019 | $109,000 to $173,000 (2-room Flexi) $205,000 to $268,000 (3-room) $287,000 to $398,000 (4-room) $423,000 to $551,000 (5-room) |
| Hougang Citrine (Hougang) | Aug 2021 | $108,000 to $156,000 (2-room Flexi) $199,000 to $240,000 (3-room) $324,000 to $368,000 (4-room) $392,000 to $482,000 (5-room) |
| Kovan Wellspring (Hougang) | Aug 2021 | $153,000 to $234,000 (2-room Flexi) $289,000 to $340,000 (3-room) $413,000 to $507,000 (4-room) |
| Tanjong Tree Residences @ Hougang | Nov 2021 | $318,000 to $389,000 (4-room) $419,000 to $495,000 (5-room) |
| Hougang Olive (Hougang) | Nov 2021 | $308,000 to $377,000 (4-room) $416,000 to $488,000 (5-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.
Browse resale HDB flats in Hougang, Punggol and Sengkang for sale on PropertyGuru.
HDB BTO Prices in District 20 (Ang Mo Kio, Bishan)
| BTO project | BTO launch | HDB BTO price |
| Yio Chu Kang Beacon (Ang Mo Kio) | Nov 2019 | $170,000 to $253,000 (2-room Flexi) $332,000 to $391,000 (3-room) $451,000 to $563,000 (4-room) |
| Kebun Baru Edge (Ang Mo Kio) | Aug 2020 | $423,000 to $550,000 (4-room) $571,000 to $725,000 (5-room) |
| Bishan Towers (Bishan) | Aug 2020 | $176,000 to $277,000 (2-room Flexi) $302,000 to $408,000 (3-room) $484,000 to $617,000 (4-room) |
| Bishan Ridges (Bishan) | Nov 2020 | $121,000 to $179,000 (2-room Flexi) $374,000 to $470,000 (3-room) $528,000 to $679,000 (4-room) |
| Central Weave @ Ang Mo Kio (Ang Mo Kio) | Aug 2022 | $198,000 to $292,000 (2-room Flexi) $535,000 to $676,000 (4-room) $720,000 to $877,000 (5-room) $713,000 to $842,000 (3Gen) |
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.
HDB BTO Prices in District 22 (Boon Lay, Jurong, Tuas)
| BTO project | BTO launch | HDB BTO price |
| Boon Lay Glade, Jurong West Jewel |
Feb 2019 | $95,000 to $160,000 (2-room Flexi) $185,000 to $243,000 (3-room) $257,000 to $364,000 (4-room) $338,000 to $457,000 (5-room) |
| Toh Guan Grove (Jurong East) | Aug 2021 | $121,000 to $189,000 (2-room Flexi) $237,000 to $281,000 (3-room) $347,000 to $436,000 (4-room) |
| Nanyang Opal (Jurong West) | Nov 2021 | $173,000 to $229,000 (3-room) $264,000 to $321,000 (4-room) |
| Lakeside View (Jurong West) | May 2022 | $107,000 to $180,000 (2-room Flexi) $215,000 to $265,000 (3-room) $320,000 to $393,000 (4-room) $412,000 to $526,000 (5-room) |
| Jurong East Breeze (Jurong East) | Aug 2022 | $97,000 to $170,000 (2-room Flexi) $194,000 to $245,000 (3-room) $283,000 to $388,000 (4-room) |
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. If you are keen to stay in Jurong West, the Feb 2023 BTO launch will see about 270 3-room and 4-room flats.
Browse resale HDB flats in Jurong for sale on PropertyGuru.
HDB BTO Prices in District 23 (Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang)
| BTO project | BTO launch | HDB BTO price |
| Keat Hong Verge (Choa Chu Kang) | Aug 2020 | $99,000 to $143,000 (2-room Flexi) $164,000 to $214,000 (3-room) $253,000 to $326,000 (4-room) |
| West Hill @ Bukit Batok, Harmony Village @ Bukit Batok (Bukit Batok) | Feb 2021 | $92,000 to $144,000 (2-room Flexi) $175,000 to $221,000 (3-room) $260,000 to $334,000 (4-room) $384,000 to $460,000 (5-room) |
| Keat Hong Grange (Choa Chu Kang) | Aug 2022 | $102,000 to $160,000 (2-room Flexi) $194,000 to $243,000 (3-room) $277,000 to $363,000 (4-room) $390,000 to $508,000 (5-room) |
| West Glades @ Bukit Batok | Nov 2022 | $105,000 to $169,000 (2-room Flexi) $206,000 to $269,000 (3-room) $309,000 to $392,000 (4-room) $405,000 to $522,000 (5-room) |
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.
Browse resale HDB flats in Choa Chu Kang and Bukit Batok for sale on PropertyGuru.
HDB BTO Prices in District 24 (Lim Chu Kang, Tengah)
| BTO project | BTO launch | HDB BTO price |
| Garden Vale @ Tengah, Plantation Acres | May 2019 | $106,000 to $154,000 (2-room Flexi) $192,000 to $246,000 (3-room) $309,000 to $357,000 (4-room) $415,000 to $480,000 (5-room) |
| Garden Vines @ Tengah, Plantation Village, Plantation Grange | Nov 2019 | $110,000 to $167,000 (2-room Flexi) $208,000 to $256,000 (3-room) $302,000 to $381,000 (4-room) $409,000 to $510,000 (5-room) |
| Parc Residences @ Tengah | Aug 2020 | $108,000 to $157,000 (2-room Flexi) $198,000 to $248,000 (3-room) $303,000 to $364,000 (4-room) $418,000 to $489,000 (5-room) |
| Garden Court @ Tengah, Garden Terrace @ Tengah | Nov 2020 | $108,000 to $150,000 (2-room Flexi) $194,000 to $233,000 (3-room) $288,000 to $366,000 (4-room) $394,000 to $487,000 (5-room) |
| Parc Woods @ Tengah | Feb 2021 | $110,000 to $167,000 (2-room Flexi) $209,000 to $239,000 (3-room) $298,000 to $359,000 (4-room) |
| Garden Bloom @ Tengah | May 2021 | $113,00 to $167,000 (2-room Flexi) $299,000 to $359,000 (4-room) $404,000 to $495,000 (5-room) |
| Parc Clover @ Tengah, Parc Glen @ Tengah | Nov 2021 | $119,000 to $190,000 (2-room Flexi) $194,000 to $257,000 (3-room) $312,000 to $390,000 (4-room) $428,000 to $519,000 (5-room) |
| Plantation Creek, Parc Flora @ Tengah | Feb 2022 | $132,000 to $182,000 (2-room Flexi) $231,000 to $273,000 (3-room) $309,000 to $403,000 (4-room) $420,000 to $525,000 (5-room) |
| Garden Waterfront I & II @ Tengah | Nov 2022 | $111,000 to $174,000 (2-room Flexi) $214,000 to $262,000 (3-room) $307,000 to $397,000 (4-room) $428,000 to $536,000 (5-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 must contend with extensive construction for many years after moving in.
There will be a launch in Tengah during the upcoming February 2023 BTO exercise, with about 1,640 2-room Flexi, 3-room, 4-room and 5-room flats up for grabs.
HDB BTO Prices in District 25 (Woodlands)
| BTO project | BTO launch | HDB BTO price |
| Champions Green (Woodlands) | May 2019 | $86,000 to $128,000 (2-room Flexi) $165,000 to $194,000 (3-room) $244,000 to $295,000 (4-room) $470,000 to $495,000 (5-room) |
| Champions Bliss, UrbanVille @ Woodlands (Woodlands) | Aug 2020 | $90,000 to $162,000 (2-room Flexi) $184,000 to $228,000 (3-room) $276,000 to $381,000 (4-room) $405,000 to $516,000 (5-room) |
| Woodgrove Ascent (Woodlands) | May 2021 | $98,000 to $148,000 (2-room Flexi) $185,000 to $228,000 (3-room) $275,000 to $373,000 (4-room) $372,000 to $491,000 (5-room) |
| Woodlands South Plains (Woodlands) | Aug 2022 | $98,000 to $154,000 (2-room Flexi) $188,000 to $228,000 (3-room) $303,000 to $363,000 (4-room) |
Woodlands in the north of Singapore are 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.
HDB BTO Prices in District 27 (Yishun, Sembawang)
| BTO project | BTO launch | HDB BTO price |
| Canberra Vista (Sembawang) | Feb 2020 | $89,000 to $141,000 (2-room Flexi) $177,000 to $210,000 (3-room) $272,000 to $320,000 (4-room) $350,000 to $406,000 (5-room) |
| Sun Sails (Sembawang) | Nov 2020 | $92,000 to $122,000 (2-room Flexi) $163,000 to $189,000 (3-room) $260,000 to $302,000 (4-room) $336,000 to $388,000 (5-room) |
| Grove Spring @ Yishun | Feb 2022 | $102,000 to $145,000 (2-room Flexi) $180,000 to $248,000 (3-room) $270,000 to $362,000 (4-room) $385,000 to $485,000 (5-room) |
| Yishun Boardwalk (Yishun) | Feb 2022 | $95,000 to $149,000 (2-room Flexi) $189,000 to $239,000 (3-room) $276,000 to $374,000 (4-room) $410,000 to $490,000 (5-room) |
| Yishun Beacon (Yishun) | May 2022 | $123,000 to $184,000 (2-room Flexi) $328,000 to $418,000 (4-room) $485,000 to $595,000 (5-room) |
| Miltonia Breeze @ Yishun | Nov 2022 | $84,000 to $140,000 (2-room Flexi) $248,000 to $312,000 (4-room) $375,000 to $450,000 (5-room) |
| Vanda Breeze @ Yishun | Nov 2022 | $100,000 to $148,000 (2-room Flexi) $175,000 to $229,000 (3-room) $270,000 to $336,000 (4-room) $391,000 to $463,000 (5-room) |
| Aranda Breeze @ Yishun | Nov 2022 | $99,000 to $146,000 (2-room Flexi) $276,000 to $326,000 (4-room) $366,000 to $459,000 (5-room) |
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.
Browse resale HDB flats in Sembawang for sale on PropertyGuru.
Applying for a BTO Flat
Before you apply for a BTO flat, you must also check your HDB BTO application eligibility. To do so, check out the HDB BTO application eligibility portal on HDB’s website. You’ll also want to know which schemes and HDB grants you qualify for.
Previously, when calculating your HDB-granted loan, for any purchase of new BTO flats from 16 December 2021, aspiring homeowners faced a lower LTV limit of 85%. However, the September 2022 property cooling measures saw the LTV lowered to 80% for HDB-granted loans.
If you’re interested in applying for a BTO flat, check out our in-depth review of the upcoming Feb 2023 BTO launches. Good luck!
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