HDB to conduct 3 BTO exercises in 2024

The exercises will see the launch of 19,600 BTO flats.

HDB will launch 19,600 BTO flats in 2024 in three exercises.

Of the total BTO flats to be launched in 2024, 2,800 will have a shorter waiting time of less than three years.

HDB will conduct the three BTO exercises in February, June, and October 2024.

In the February exercise, HDB will offer 4,100 BTO flats in Bedok, Queenstown, Choa Chu Kang, Hougang, Punggol and Woodlands.

About 1,500 flats will also be offered under the Sale of Balance Flats exercise across various towns/estates, subject to review.

Whilst HDB will conduct fewer BTO exercises than the usual four, it underscored that launches this year will have a bigger housing supply at each launch.

"This will enable them to select from a wider range of flats and locations and enjoy a higher chance of success in finding a flat that meets their budget and needs. In addition, this will reduce the extent of overlap between the selection exercises and provide greater certainty for home buyers," HDB commented.

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