A total of 4,583 Build-To-Order (BTO) flats were launched for sale yesterday, including two projects in Bukit Merah and Queenstown under the prime location public housing (PLH) model, which comes with a 6 per cent subsidy clawback clause upon their resale.
The units are spread across five Housing Board projects in five estates, in the second sales exercise of the year. In addition, another 1,952 flats were on offer in this year's first Sale of Balance Flats (SBF) scheme.
In total, 6,535 new flats were launched yesterday.
Both the Bukit Merah and Queenstown projects under the PLH model come with stricter buying and selling conditions.
In the mature estate of Bukit Merah, Bukit Merah Ridge offers 1,669 three-room and four-room flats across five blocks, ranging from 29 to 48 storeys. The project is bounded by Henderson, Tiong Bahru and Lower Delta roads, and is served by Redhill and Tiong Bahru MRT stations.
Prices range from $377,000 to $509,000, without grants, for a three-room flat, and $540,000 to $737,000 for a four-room flat.
Prices are slightly lower than those in last November's Rochor BTO project, which is also under the PLH model, and has starting prices from $409,000 for a three-room flat and $582,000 for a four-room flat.
In the mature estate of Queenstown, 867 three-room and fourroom flats across four blocks are on offer at Ghim Moh Ascent.
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