The February 2023 has been a smaller sales launch than the previous November BTO sales lauch. Under the HDB BTO launch for November 2022, 9,655 units were available for balloting across ten projects in both mature and non-mature estates. This time round, 4,400 units were available for ballatoring across five projects. This translates to around a 54% decrease in the number of units compared to the previous launch in November 2022
That being said, the prices of the flats continue to be kept affordable during this launch.
A three-room flat under the Queenstown Prime Location Housing (PLH) scheme was selling from S$372,000 and a similar unit was selling from S$326,000 in the Kallang/Whampao project. That's a S$5,000 to S$51,000 drop when compared to a three-room flat in Bukit Merah in the May 2022 BTO launch.
With a total of five projects, a mix of mature and non-mature estates spread across popular areas such as Queenstown, Kallang/Whampao, and...