HDB to roll out over 10,000 new flats in February 2025

The flats will be offered under the BTO and SBF exercises.

The Housing and Development Board (HDB) will offer approximately 5,000 Build-To-Order (BTO) flats in Kallang/Whampoa, Queenstown, Woodlands, and Yishun in February 2025.

HDB will also hold its largest-ever Sale of Balance Flats (SBF) exercise, offering more than 5,500 flats across various towns and estates. About 4 in 10 flats will be completed, while the remaining units will be completed progressively between 2025 and 2028.

Buyers are encouraged to apply for an HDB Flat Eligibility (HFE) letter and submit the required documents by 15 December 2024.

HDB aims to launch a total of 100,000 flats between 2021 and 2025. In 2024, HDB launched 21,225 new flats, comprising 19,637 BTO flats and 1,588 flats under the SBF exercise in February 2024.

Meanwhile, HDB’s Resale Price Index (RPI) increased 2.7% quarter-on-quarter (QoQ) to 192.9 in Q3, with resale transactions rising 10.7% QoQ to 8,142 cases.

On the other hand, approved HDB flat rentals in Q3 decreased by 4.6% QoQ to 9,118 cases, down from 9,554 cases in Q2.

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Housing and Development Board

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