JULY 2025 BTO LAUNCH
Due to the large supply in February’s BTO and SBF exercises, HDB said that it expects to receive a high volume of flat applications.
In order to allow more time to process the applications, the next BTO exercise will be held in July, HDB said.
“This ensures that there is sufficient time to complete the flat selection exercises, thus providing flat applicants with greater certainty on their application outcomes before the next BTO exercise is held,” it added.
About 5,400 flats in Bukit Merah, Bukit Panjang, Clementi, Sembawang, Tampines, Toa Payoh and Woodlands will go on sale in the next exercise.
In an interview with CNA Digital, the Straits Times and Lianhe Zaobao in January, Minister for National Development Desmond Lee said that HDB will launch about 19,600 BTO flats in 2025.
Among them, 3,800 flats – or nearly 20 per cent – will have shorter waiting times of under three years.
With this year’s offering, the government is on track to launch about 102,300 BTO flats between 2021 and 2025, exceeding its earlier commitment of 100,000 units over the five-year period, Mr Lee then said.
From February’s sales exercise, HDB will shortlist flat applicants up to 200 per cent of the total flat supply, instead of up to 300 per cent.
This will improve efficiency, enabling HDB to serve shortlisted applicants faster and complete flat bookings sooner, providing applicants with greater certainty as they will receive the outcomes of their flat applications earlier.
“Since the tightening of non-selection rules of new HDB flats in the October 2023 BTO sales exercise, the proportion of BTO flat applicants who did not book a flat when invited has halved – from 40 per cent previously to about 19 per cent over the past three BTO launches where booking exercises have been completed,” it said.
“This has enabled flat buyers to secure their flats more quickly. With the lower non-selection rate, almost all flats are now booked by applicants within the first 200 per cent of the flat supply.”
