Expect attractive BTO projects in November: PropNex

Over 9,500 units will be offered in three locations.

Unsuccessful applicants in the previous HDB build-to-order (BTO) exercise will expect attractive projects in November 2022, property expert, PropNex, said.

In its analysis, PropNex Realty CEO Ismail Gafoor said over 9,500 units will be offered in several attractive locations, including three in Queenstown (Dover, Alexandra, Ghim Moh) and another in Kallang.

“Given the attractive locations of the projects in the November line-up, we may see an even larger turn-out of applicants,” said Gafoor.

Meanwhile, in the August 2022 BTO exercise, there are more first-timers going for the project in Tampines, which has the shortest waiting time.

“This perhaps indicates that some first-timers are prioritising getting the keys to their home as soon as possible, rather than the prospect of landing a flat in more central locations,” said Gafoor.

In August, the HDB revealed that almost 5,000 new flats were on sale, which were closed on 5 September.

It received “overwhelming interest” for the non-Prime Location Public Housing BTO projects in mature estates, specifically in Tampines and Ang Mo Kio.

Follow the link s for more news on

Housing and Development Board

PropNex

HDB resale

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia