HDB launches 9,012 flats in February BTO and SBF exercise

The projects span Bukit Merah, Tampines, and Toa Payoh.

The Housing and Development Board (HDB) has launched 9,012 flats for sale under the February 2026 build-to-order (BTO) and sale of balance (SBF) exercises.

The launch comprises 4,692 BTO flats across six projects in Bukit Merah, Sembawang, Tampines and Toa Payoh, and 4,320 balance flats islandwide under the concurrent SBF exercise.

Flats on offer range from two-room flexi to five-room units.

Of the six BTO projects, three are standard projects in Sembawang and Tampines, two are plus projects in Tampines and Toa Payoh, and one is a prime project in Bukit Merah.

HDB said all new flats are priced with government subsidies, whilst plus and prime flats receive additional subsidies to offset their higher market values.

About 80% of the BTO flats offered have waiting periods of under four years. Close to one in five of SBF units have been completed.

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