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8 Things You Need to Know About the Feb 2025 BTO and SBF Launches

8 Things You Need to Know About the Feb 2025 BTO and SBF Launches

Yahoo13-02-2025

Singapore's public housing market just saw a major boost with the launch of 10,622 flats in the Feb 2025 BTO launch and SBF exercise. With a mix of Standard, Plus, and Prime flats spread across key locations, this launch offers exciting opportunities for homebuyers. Here's everything you need to know.
If you're eager to move into your new home quickly, this round of BTO flats offers shorter waiting times:
8 in 10 BTO flats have waiting times of 4 years or less.
The fastest project, Chencharu Vines and Chencharu Green in Yishun, has a waiting time of just 37 to 38 months (just over 3 years).
Alternatively, 4 in 10 flats in the SBF exercise are already completed, allowing buyers to move in almost immediately.
The February 2025 launch includes a mix of Standard, Plus, and Prime flats, catering to different needs and budgets:
Classification
BTO Project
Location
Standard
Chencharu Green
Yishun
Chencharu Vines
Yishun
Woodlands North Verge
Woodlands
Plus
Stirling Horizon
Queenstown
Prime
Tanjong Rhu Parc Front
Kallang/Whampoa
Prime and Plus flats come with additional government subsidies to ensure affordability.
However, they also come with longer Minimum Occupation Periods (MOP) of 10 years and subsidy recovery requirements upon resale (8% for Plus flats, 9% for Prime flats).
With HDB's significant market discounts and the Enhanced CPF Housing Grant (EHG) of up to $120,000, first-time buyers can get their dream home at competitive prices. Here's a look at the starting prices after grants:
Location
Flat Type
Price (After EHG)
Comparable Resale Price
Woodlands North Verge (Standard)
2-Room Flexi
From $20,000
~$368,000 - $408,000
3-Room
From $170,000
~$500,000 - $530,000
4-Room
From $285,000
~$615,000 - $728,000
Chencharu Green (Standard)
3-Room
From $140,000
~$470,000 - $515,000
4-Room
From $236,000
~$560,000 - $638,000
Stirling Horizon (Plus, Queenstown)
3-Room
From $318,000
~$600,000 - $720,000
Tanjong Rhu Parc Front (Prime, Kallang/Whampoa)
3-Room
From $309,000
~$760,000 - $838,000
Key takeaway: Even in mature estates like Queenstown and Kallang/Whampoa, prices are significantly lower than resale flats.
This round also marks the largest SBF exercise ever, offering 5,590 balance flats spread islandwide. A significant 40% of these are already completed, making them a great option for those who need a home urgently.
2-Room Flexi (99-year lease): From $6,000
3-Room Flat: From $29,000
4-Room Flat: From $139,000
5-Room Flat: From $286,000
Singles will now have more opportunities to buy a 2-room Flexi flat with 2,759 units available in this round. Under the new classification framework, singles can apply for these flats across all project types, including Plus and Prime locations.
To improve certainty for applicants, HDB is now:
Shortlisting only 200% of the total flat supply (down from 300%), reducing the number of applicants left without a queue number.
Enforcing stricter rules — applicants who do not book a flat after receiving a queue number will not be allowed to apply in future BTO/SBF exercises until their flat booking appointment has passed.
This means more transparency and better chances for genuine buyers.
Flat applications are open online via the HDB Flat Portal from 10 to 17 February 2025. Applicants must have a valid HDB Flat Eligibility (HFE) letter before applying.
If you miss out on this round, the next BTO launch will be in July 2025, offering about 5,400 flats across Bukit Merah, Bukit Panjang, Clementi, Sembawang, Tampines, Toa Payoh, and Woodlands.
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