2,000 flats with wait time of under three years to be launched

October sales exercise includes project with 2-year wait period, one of the shortest ever

- Wong Yang

Home buyers in the upcoming Build-to-Order (BTO) sales exercise in October will have to wait less than three years for their units, with the launch of 2,085 flats in three projects in Bukit Batok and Sengkang.

The Housing Board on Oct 6 said the launch includes 689 flats in West BrickVille @ Bukit Batok with a waiting time of two years, one of the shortest wait periods ever.

The sales exercise in October follows the release in June of a 791-unit project in Woodlands with a waiting time of two years and 11 months.

In total, HDB will have offered 2,876 flats in 2024 with a waiting time of under three years.

This means it will meet ahead of schedule a 2025 target it had set to offer 2,000 to 3,000 flats each year with a waiting time of less than three years.

The launch in October is HDB's third and final BTO exercise for 2024, after it reduced the number of BTO launches per year from four to three.

Home buyers vying for units in the same exercise in two other projects in Sengkang will have to wait a little longer.

The waiting time for 545 flats in Fernvale Sails is two years and three months, while the waiting time for the 851 flats in Fernvale Oasis is two years and nine months.