HDB mega sales exercise this month

A bumper supply of about 12,000 new HDB flats will be launched for sale in the second half of this month, revealed the Housing and Development Board (HDB).

The mega launch of 7,000 Build-To-Order (BTO) flats and 5,000 balance flats comes after the government announced earlier that HDB would combine the September and November 2015 sales launches. This is to allow more home buyers to benefit from the recent new policies, and to give them more options in terms of locations, flat types and prices.

This time, the application period will be extended to 10 calendar days, from the typical seven calendar days, to give buyers more time to make an informed purchasing decision.

Meanwhile, the public has been advised not to rush to HDB Hub to put in their applications.

"We would like to advise prospective flat buyers to view the details of the flats on offer online via the HDB InfoWEB, at their leisure. They can also submit their applications online," said the housing board.

It added that flat applications are not processed on a first-come-first-served basis.

Romesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories email romesh@propertyguru.com.sg

More from PropertyGuru:
CDL-led consortium awarded Upper Serangoon site
Lodge 77 up for en bloc sale
Educational site put on the market
URA unveils Rail Corridor RFP winners