(From 2019 to August 2022, sorted by project name and various unit types)
There are four Build-To-Order (BTO) sales launches each year, and every quarter, the news is filled with reports of numerous hopefuls looking to secure a new flat from the Housing & Development Board (HDB). BTO application rates can exceed 10.0, especially for popular 4-room and 5-room flats. After all, BTO flats are relatively cheaper compared to the high-priced resale flats on the market today.
For instance, in the Ang Mo Kio BTO launch this August, there were 1,074 applicants vying for 126 available units, resulting in an overall application rate of 12.6 for non-elderly applicants for 4-room flats.
For the upcoming BTO projects in November 2022, we expect a large number of applicants as these projects are located in convenient areas such as Kallang, Whampoa, and Queenstown.
If you and your spouse are planning to apply for an upcoming BTO or Sale of Balance Flats (SBF) unit, it is advisable to research past BTO prices and trends before applying to maximize your chances of success.
Before applying, you must also check if you meet the eligibility criteria for a BTO flat. To do so, you can visit the BTO eligibility check page on the HDB website. Once on the page, you can review the various schemes available.
From December 16, 2021, buyers of any new BTO flat faced a minimum loan-to-value (LTV) ratio of 85% for HDB loans. However, the new round of property cooling measures introduced on September 29, 2022, has reduced the LTV for HDB loans to 80%.
Below is a summary of BTO prices from 2019 to August 2022, covering 2-room Flexi, 3-room, 4-room, and 5-room flats.
Table of Contents
BTO Prices in District 3 (Queenstown, Tiong Bahru) and District 4 (Telok Blangah, Harbourfront)
| BTO Project | Launch Date | Price |
| Telok Blangah Beacon (Bukit Merah) | May 2021 | $419k – $504k (3-room) $602k – $710k (4-room) |
| Queen’s Arc (Queenstown) | Aug 2021 | $382k – $464k (3-room) $540k – $670k (4-room) |
| Bukit Merah Ridge (Bukit Merah) | May 2022 | $377k – $509k (3-room) $540k – $737k (4-room) |
| Ghim Moh Ascent (Queenstown) | May 2022 | $369k – $481k (3-room) $511k – $691k (4-room) |
| Alexandra Vale (Bukit Merah) | Aug 2022 | $385k – $477k (3-room) $547k – $705k (4-room) |
| Havelock Hillside (Bukit Merah) | Aug 2022 | $370k – $515k (3-room) $531k – $730k (4-room) |
Bukit Merah is highly sought after for its location on the fringe of the city core, but BTO projects are rarely launched in the area. Therefore, it’s no surprise that the price for a 3-room unit at Telok Blangah Beacon, launched in May 2021, could reach around $500,000. Additionally, its proximity to the upcoming Greater Southern Waterfront project makes launches in this area even more desirable.
Like Havelock Hillside, most projects launched in these estates are likely to fall under the Prime Location Public Housing (PLH) model. However, compared to previous PLH projects, the demand for the Bukit Merah Ridge BTO project launched in May 2022 was lower.
In the November 2022 BTO launch, approximately 1,330 units of 3-room and 4-room flats will be available in Queenstown.
BTO Prices in District 7 (Rochor)
| BTO Project | River Peaks I & II (Central to Rochor) |
| Launch Date | Nov 2021 |
| 2-room Flexi Unit Price | – |
| 3-room Unit Price | $409k – $474k |
| 4-room Unit Price | $582k – $688k |
| 5-room Unit Price | – |
The first BTO project launched under the PLH model was River Peaks I & II in Rochor. Under this model, these prime location flats are subject to a longer Minimum Occupation Period (MOP) of 10 years and stricter rental conditions. Owners selling their units will have to pay HDB a subsidy recovery of 6% of the resale price or the flat’s valuation, whichever is higher.
These new measures are designed to prevent excessive windfall gains, curb the “lottery effect,” and ensure that public housing remains affordable regardless of location.
Rochor is located in the central part of Singapore’s Central Region, adjacent to Kallang, Newton, and the city center. It is just a stone’s throw away from Little India and Bugis, boasting a wealth of amenities and dining options.
BTO Prices in District 12 (Toa Payoh)
| BTO Project | Kim Keat Ripples, Toa Payoh Ridge (Feb 2020) | Bartley Beacon, ParkView @ Bidadari (Nov 2020) | Kim Keat Heights (May 2022) |
| 2-room Flexi Unit Price | $90k – $184k | – | $162k – $263k |
| 3-room Unit Price | $351k – $446k | $324k – $397k | $289k – $373k |
| 4-room Unit Price | $395k – $666k | $466k – $598k | $420k – $559k |
| 5-room Unit Price | – | $627k – $726k | – |
Toa Payoh is a popular mature estate, just a few MRT stops from the Orchard Road shopping belt, and boasts numerous long-standing amenities and eateries. Consequently, new projects in this area tend to be expensive, with 4-room BTO flats often exceeding $500,000.
BTO Prices in District 13 (Bidadari)
| BTO Project | Alkaff Breeze, Bartley GreenRise, ParkEdge @ Bidadari |
| Launch Date | Feb 2021 |
| 2-room Flexi Unit Price | – |
| 3-room Unit Price | $312k – $362k |
| 4-room Unit Price | $464k – $580k |
| 5-room Unit Price | $611k – $728k |
The redevelopment of the Bidadari area was initially controversial, but buyers seem to have moved past the history, rushing to snap up flats in the area. The location of this budding project is very attractive, not far from the city center, so prices are relatively high.
BTO Prices in District 14 (Kallang/Whampoa, Geylang)
| BTO Project | Launch Date | Price |
| Kallang Breeze, Towner Crest (Kallang/Whampoa) | Feb 2019 | $374k – $472k (3-room) $523k – $674k (4-room) |
| Kempas Residences (Kallang/Whampoa) | May 2019 | $117k – $145k (2-room Flexi) $378k – $469k (3-room) $562k – $674k (4-room) |
| Dakota One (Geylang) | Aug 2020 | $355k – $421k (3-room) $523k – $617k (4-room) |
| McNair Heights (Kallang/Whampoa) | Feb 2021 | $117k – $182k (2-room Flexi) $359k – $435k (3-room) $532k – $672k (4-room) |
| MacPherson Weave (Geylang) | May 2021 | $180k – $269k (2-room Flexi) $343k – $405k (3-room) $489k – $626k (4-room) |
| Towner Residences (Kallang/Whampoa) | Aug 2021 | $336k – $440k (3-room) $500k – $656k (4-room) |
| Kent Heights (Kallang/Whampoa) | Nov 2021 | $192k – $309k (2-room Flexi) $511k – $660k (4-room) |
| Dakota Crest (Geylang) | Feb 2022 | $205k – $315k (2-room Flexi) $352k – $456k (3-room) $522k – $688k (4-room) |
| King George’s Heights (Kallang/Whampoa) | Feb 2022 | $353k – $462k (3-room) $488k – $675k (4-room) |
Due to their location in popular and vibrant neighborhoods on the city fringe, properties in District 14 tend to be in high demand. The Kallang/Whampoa area benefits from being a sports hub, while Geylang is home to numerous well-established local eateries.
There are also many cafes along Siglap, Joo Chiat, and Katong. Therefore, it can be inferred that the cost of living in this area is relatively high, with 4-room BTO flat prices breaking the $500,000 mark.
The November 2022 BTO sales launch will offer 470 units in Kallang/Whampoa, which is something to watch for if you wish to settle here.
BTO Prices in District 18 (Tampines, Pasir Ris)
| BTO Project | Launch Date | Price |
| Tampines GreenGlen (Tampines) | Sep 2019 | $312k – $380k (4-room) $418k – $504k (5-room) |
| Tampines GreenSpring (Tampines) | Nov 2019 | $145k – $216k (2-room Flexi) $281k – $328k (3-room) $394k – $480k (4-room) $508k – $606k (5-room) |
| Costa Grove (Pasir Ris) | Aug 2020 | $137k – $198k (2-room Flexi) $245k – $317k (3-room) $374k – $460k (4-room) $493k – $581k (5-room) |
| Tampines GreenCrest, Tampines GreenGlade, Tampines GreenOpal (Tampines) | Aug 2020 | $205k – $265k (3-room) $311k – $390k (4-room) $423k – $517k (5-room) |
| Tampines GreenEmerald (Tampines) | Nov 2020 | $130k – $192k (2-room Flexi) $334k – $410k (4-room) $460k – $538k (5-room) |
| Tampines GreenJade (Tampines) | Aug 2021 | $342k – $419k (4-room) $475k – $564k (5-room) |
| Tampines GreenQuartz (Tampines) | Aug 2021 | $142k – $196k (2-room Flexi) $244k – $291k (3-room) $352k – $445k (4-room) $485k – $597k (5-room) |
| Sun Plaza Spring (Tampines) | Aug 2021 | $381k – $438k (4-room) $520k – $590k (5-room) |
Located in the far east of Singapore, flats in Tampines and Pasir Ris are generally more affordable. Tampines is particularly popular with residents as it is a mature estate with comprehensive facilities, yet property prices remain relatively low. In the August 2021 BTO sales launch, most new 4-room units were priced below $400,000.
The August 2022 Tampines BTO sales launch offered about 260 units of 4-room and 5-room flats.
BTO Prices in District 19 (Sengkang, Punggol, Hougang)
| BTO Project | Launch Date | Price |
| Fernvale Vines (Sengkang) | Feb 2019 | $102k – $151k (2-room Flexi) $191k – $242k (3-room) $283k – $344k (4-room) $365k – $433k (5-room) |
| Punggol Point Cove, Punggol Point Crown (Punggol) | Sep 2019 | $109k – $173k (2-room Flexi) $205k – $268k (3-room) $287k – $398k (4-room) $423k – $551k (5-room) |
| Hougang Citrine (Hougang) | Aug 2021 | $108k – $156k (2-room Flexi) $199k – $240k (3-room) $324k – $368k (4-room) $392k – $482k (5-room) |
| Kovan Wellspring (Hougang) | Aug 2021 | $153k – $234k (2-room Flexi) $289k – $340k (3-room) $413k – $507k (4-room) |
| Tanjong Tree Residences @ Hougang | Nov 2021 | $318k – $389k (4-room) $419k – $495k (5-room) |
| Hougang Olive (Hougang) | Nov 2021 | $308k – $377k (4-room) $416k – $488k (5-room) |
Due to its affordable prices and the large number of BTO launches over the past decade, Punggol has become very popular among young families. Public amenities like Punggol Waterway Park have sprung up to cater to the needs of young families and those who enjoy being close to nature. Parts of Punggol are still under construction, and forward-thinking buyers can see its value.
The two BTO projects launched in Hougang in November 2021 were also popular among families planning for their children’s education, with many Special Assistance Plan (SAP) schools nearby, including Maris Stella High School and Paya Lebar Methodist Girls’ School.
BTO Prices in District 20 (Ang Mo Kio, Bishan)
| BTO Project | Launch Date | Price |
| Yio Chu Kang Beacon (Ang Mo Kio) | Nov 2019 | $170k – $253k (2-room Flexi) $332k – $391k (3-room) $451k – $563k (4-room) |
| Kebun Baru Edge (Ang Mo Kio) | Aug 2020 | $423k – $550k (4-room) $571k – $725k (5-room) |
| Bishan Towers (Bishan) | Aug 2020 | $176k – $277k (2-room Flexi) $302k – $408k (3-room) $484k – $617k (4-room) |
| Bishan Ridges (Bishan) | Nov 2020 | $121k – $179k (2-room Flexi) $374k – $470k (3-room) $528k – $679k (4-room) |
| Central Weave @ Ang Mo Kio (Ang Mo Kio) | Aug 2022 | $198k – $292k (2-room Flexi) $535k – $676k (4-room) $720k – $877k (5-room) $713k – $842k (3Gen units) |
Ang Mo Kio and Bishan are popular mature estates with numerous long-standing restaurants and community facilities. Their locations are not on the city fringe but offer easy access to the city center, so BTO flats are not cheap, especially since this is where million-dollar flats originated. However, they are still more affordable than the nearby mature estate of Toa Payoh.
BTO Prices in District 22 (Boon Lay, Jurong, Tuas)
| BTO Project | Launch Date | Price |
| Boon Lay Glade, Jurong West Jewel | Feb 2019 | $95k – $160k (2-room Flexi) $185k – $243k (3-room) $257k – $364k (4-room) $338k – $457k (5-room) |
| Toh Guan Grove (Jurong East) | Aug 2021 | $121k – $189k (2-room Flexi) $237k – $281k (3-room) $347k – $436k (4-room) |
| Nanyang Opal (Jurong West) | Nov 2021 | $173k – $229k (3-room) $264k – $321k (4-room) |
| Lakeside View (Jurong West) | May 2022 | $107k – $180k (2-room Flexi) $215k – $265k (3-room) $320k – $393k (4-room) $412k – $526k (5-room) |
| Jurong East Breeze (Jurong East) | Aug 2022 | $97k – $170k (2-room Flexi) $194k – $245k (3-room) $283k – $388k (4-room) |
With its scenic views and proximity to the Jurong East commercial hub, the Jurong Lake District is becoming increasingly popular among those who enjoy the vibrant atmosphere of western Singapore. Jurong is classified as a non-mature estate, and despite the relatively affordable BTO prices, it enjoys a wealth of amenities.
With the gradual opening of Singapore’s seventh MRT line, the Jurong Region Line, the area will have even better connectivity.
BTO Prices in District 23 (Hillview, Dairy Farm, Pasir Panjang, Choa Chu Kang)
| BTO Project | Keat Hong Verge (Choa Chu Kang) | West Hill @ Bukit Batok, Harmony Village @ Bukit Batok (Bukit Batok) | Keat Hong Grange (Choa Chu Kang) |
| Launch Date | Aug 2020 | Feb 2021 | Aug 2022 |
| 2-room Flexi Unit Price | $99k – $143k | $92k – $144k | $102k – $160k |
| 3-room Unit Price | $164k – $214k | $175k – $221k | $194k – $243k |
| 4-room Unit Price | $253k – $326k | $260k – $334k | $277k – $363k |
| 5-room Unit Price | – | $384k – $460k | $390k – $508k |
Located in the northwest of Singapore, District 23 is an affordable non-mature residential area, with 4-room BTO flats selling for around $300,000. Residents not satisfied with community malls can head to Jurong East or Upper Bukit Timah Road to find their desired shopping and lifestyle options.
The upcoming Bukit Batok BTO project in November 2022 will offer approximately 790 units of 2-room, 3-room, 4-room, and 5-room flats.
BTO Prices in District 24 (Lim Chu Kang, Tengah)
| BTO Project | Launch Date | Price |
| Garden Vale @ Tengah, Plantation Acres | May 2019 | $106k – $154k (2-room Flexi) $192k – $246k (3-room) $309k – $357k (4-room) $415k – $480k (5-room) |
| Garden Vines @ Tengah, Plantation Village, Plantation Grange | Nov 2019 | $110k – $167k (2-room Flexi) $208k – $256k (3-room) $302k – $381k (4-room) $409k – $510k (5-room) |
| Parc Residences @ Tengah | Aug 2020 | $108k – $157k (2-room Flexi) $198k – $248k (3-room) $303k – $364k (4-room) $418k – $489k (5-room) |
| Garden Court @ Tengah, Garden Terrace @ Tengah | Nov 2020 | $108k – $150k (2-room Flexi) $194k – $233k (3-room) $288k – $366k (4-room) $394k – $487k (5-room) |
| Parc Woods @ Tengah | Feb 2021 | $110k – $167k (2-room Flexi) $209k – $239k (3-room) $298k – $359k (4-room) |
| Garden Bloom @ Tengah | May 2021 | $113k – $167k (2-room Flexi) $299k – $359k (4-room) $404k – $495k (5-room) |
| Parc Clover @ Tengah, Parc Glen @ Tengah | Nov 2021 | $119k – $190k (2-room Flexi) $194k – $257k (3-room) $312k – $390k (4-room) $428k – $519k (5-room) |
| Plantation Creek | Feb 2022 | $309k – $377k (4-room) $420k – $506k (5-room) |
Tengah in northwestern Singapore is currently undergoing massive development, which is why a large number of BTO projects have been launched in the past two years. It is one of the most affordable residential areas for HDB flats, although residents will need to cope with extensive construction for several years after moving in.
In the upcoming November 2022 BTO sales launch, the Tengah area will offer approximately 2,070 units of 2-room Flexi, 3-room, 4-room, and 5-room flats.
BTO Prices in District 25 (Woodlands)
| BTO Project | Launch Date | Price |
| Champions Green (Woodlands) | May 2019 | $86k – $128k (2-room Flexi) $165k – $194k (3-room) $244k – $295k (4-room) $470k – $495k (5-room) |
| Champions Bliss, UrbanVille @ Woodlands (Woodlands) | Aug 2020 | $90k – $162k (2-room Flexi) $184k – $228k (3-room) $276k – $381k (4-room) $405k – $516k (5-room) |
| Woodgrove Ascent (Woodlands) | May 2021 | $98k – $148k (2-room Flexi) $185k – $228k (3-room) $275k – $373k (4-room) $372k – $491k (5-room) |
| Woodlands South Plains (Woodlands) | Aug 2022 | $98k – $154k (2-room Flexi) $188k – $228k (3-room) $303k – $363k (4-room) |
Located in the north of Singapore, Woodlands is one of the more affordable regions. Although it is quite far from the city center, the area is close to Johor Bahru and has a range of well-established facilities, such as Causeway Point, despite being a non-mature estate.
BTO Prices in District 27 (Yishun, Sembawang)
| BTO Project | Launch Date | Price |
| Canberra Vista (Sembawang) | Feb 2020 | $89k – $141k (2-room Flexi) $177k – $210k (3-room) $272k – $320k (4-room) $350k – $406k (5-room) |
| Sun Sails (Sembawang) | Nov 2020 | $92k – $122k (2-room Flexi) $163k – $189k (3-room) $260k – $302k (4-room) $336k – $388k (5-room) |
| Grove Spring @ Yishun | Feb 2022 | $102k – $145k (2-room Flexi) $180k – $248k (3-room) $270k – $362k (4-room) $385k – $485k (5-room) |
| Yishun Boardwalk (Yishun) | Feb 2022 | $95k – $149k (2-room Flexi) $189k – $239k (3-room) $276k – $374k (4-room) $410k – $490k (5-room) |
| Yishun Beacon (Yishun) | May 2022 | $123k – $184k (2-room Flexi) $328k – $418k (4-room) $485k – $595k (5-room) |
Singapore’s northernmost region includes the sleepy neighborhoods of Sembawang, Yishun, and Admiralty. They are far from the city center, so prices are relatively affordable.
Many people applying for BTO flats in Yishun and Sembawang are attracted by the tranquility of the community. Being away from the hustle and bustle of the city, with numerous reservoirs, green spaces, and even a hot spring park, makes the area a pleasant place to live.
Compared to Yishun, Sembawang is a quiet, non-mature estate currently under development, with plans for a new shopping mall and sports center. And, of course, there is the upcoming November 2022 BTO project in Yishun.
Finally, please note that if you were unsuccessful in the August 2022 BTO sales launch, you might consider keeping an eye out for the next round of sales coming up in November.
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