First-time home-owners in Singapore can now take advantage of more enhanced housing measures that can help them improve their HDB Build-To-Order (BTO) applications. According to National Development Minister, Desmond Lee, the new measures will allow first-time HDB applicants secure a new flat more quickly and with more supporting grants to ease financial burdens. If you are planning to buy an...
First-time home-owners in Singapore can now take advantage of more enhanced housing measures that can help them improve their HDB Build-To-Order applications. According to National Development Minister, Desmond Lee, the new measures will allow first-time HDB applicants secure a new flat more quickly and with more supporting grants to ease financial burdens.
This new Parents and Married Couples priority category, or FT in short, is only available to families that have no home ownership in Singapore or have not sold a residential property in the past. Also, only first-timer applicants who have not had a chance to book a flat in the past five years will be eligible.
Even if you are only eyeing on BTO flats, there are as many as 100 ongoing BTO projects in progress with 150 more to be expected by 2025. In 2023 alone, a strong supply of nearly 23,000 HDB BTO flats will be introduced to meet soaring demands in Singapore. Those who wish to move nearer to parents living in mature estate will also find more BTO flats being made available in those areas to meet their needs.
units are reserved for FT applicants. This means not only will you have fewer applicants to compete with, but there are also ample flat choices to select from.3. Additional ballot chance for BTO and SBF applications
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