HDB has launched a significant 10,622 flats for sale under the February 2025 Build-To-Order (BTO) and Sale of Balance Flats (SBF) exercises, offering a diverse range of housing options for Singaporeans. This launch comprises 5,032 BTO flats across five projects in Kallang/Whampoa, Queenstown, Yishun, and Woodlands, alongside a record 5,590 SBF units located islandwide.
Shorter Waiting Times for Homebuyers
In this sales exercise, 80% of BTO flats have a waiting time of four years or less. Notably, two Yishun projects—Chencharu Vines and Chencharu Green—offer the shortest waiting periods of just over three years (37 and 38 months, respectively). For those seeking immediate occupancy, the SBF exercise presents an attractive alternative, with 40% of the balance flats already completed.
Wide Selection of Flats Under New Classification Framework
This launch also marks the continued implementation of the New Flat Classification Framework, featuring a mix of Standard, Plus, and Prime flats. Notable offerings include:
- Standard Flats: Chencharu Vines, Chencharu Green, and Woodlands North Verge—the first BTO project in the Woodlands North Coast precinct—offering 2-room Flexi to 5-room flats.
- Plus Flats: A Queenstown project, offering a balance between affordability and desirable location.
- Prime Flats: A centrally located Kallang/Whampoa project with enhanced subsidies and stricter resale conditions.
These options cater to various housing needs and budgets, with an emphasis on affordability, especially for first-time buyers and young families.
Flat Prices in February 2025 BTO Exercise
| Town | Project | Flat Type | Selling Price (Excluding Grants) | Selling Price (Including Grants) | Transacted Prices of Resale Flats Nearby |
| Woodlands | Woodlands North Verge | 2-room Flexi | From $140,000 | From $20,000 | $368,000 – $408,000 |
| 3-room | From $275,000 | From $170,000 | $500,000 – $530,000 | ||
| 4-room | From $365,000 | From $285,000 | $615,888 – $728,888 | ||
| 5-room | From $486,000 | From $431,000 | $710,000 – $790,000 | ||
| Yishun | Chencharu Vines / Chencharu Green | 2-room Flexi | From $108,000 | From $6,000* | – |
| 3-room | From $245,000 | From $140,000 | $470,000 – $515,888 | ||
| 4-room | From $316,000 | From $236,000 | $560,000 – $638,000 | ||
| 5-room | From $447,000 | From $392,000 | $705,000 – $760,000 | ||
| Queenstown | Stirling Horizon (Plus) | 2-room Flexi | From $224,000 | From $104,000 | – |
| 3-room | From $408,000 | From $318,000 | $600,000 – $720,000 | ||
| 4-room | From $554,000 | From $499,000 | $891,000 – $1,050,000 | ||
| Kallang/Whampoa | Tanjong Rhu Parc Front (Prime) | 2-room Flexi | From $211,000 | From $91,000 | – |
| 3-room | From $399,000 | From $309,000 | $760,000 – $838,000 | ||
| 4-room | From $548,000 | From $493,000 | $960,000 – $1,050,000 |
Largest SBF Exercise on Record
With 5,590 balance flats available across multiple locations, this exercise represents the largest SBF launch to date. These flats remain heavily subsidized and are priced significantly below comparable resale units, ensuring affordability for prospective buyers. The starting prices before and after Enhanced Housing Grant (EHG) are as follows:
| Flat Type | Selling Prices (Before EHG) | Selling Prices (After EHG) |
| Community Care Apartment (30-year lease) | From $75,000 | From $4,000* |
| 2-room Flexi (99-year / Remaining Lease) | From $106,000 | From $6,000* |
| 3-room | From $134,000 | From $29,000 |
| 4-room | From $219,000 | From $139,000 |
| 5-room | From $341,000 | From $286,000 |
| 3Gen | From $534,000 | From $479,000 |
| Executive | From $605,000 | From $605,000 |
With attractive pricing, a wide range of options, and shorter waiting times, this launch presents a prime opportunity for homebuyers to secure a new flat in key locations across Singapore. Interested applicants should take note of application deadlines and eligibility criteria to maximize their chances of securing a unit in this highly anticipated sales exercise. essence, the combination of strategic subsidies, targeted grant support, and location-centric projects ensures that homeownership remains within reach for average-income families. This rebalancing of affordability aligns with Singapore’s vision for sustainable urban planning and an equitable housing market. With Plus and Prime flats, buyers no longer have to compromise on location, creating new pathways for families to settle in central and choicer estates while strengthening community ties.
Largest SBF Exercise on Record
For an in-depth analysis of the February 2025 BTO launch, you may read here!
July 2025 BTO Launch Adjusted for Application Processing
Following the substantial supply of flats in the February 2025 BTO and SBF exercises, HDB anticipates a high volume of applications. To ensure a smoother application review process, HDB has announced that the next BTO launch will take place in July 2025 instead of an earlier date.
