No SBF exercise to lift resale demand after October BTO launch: Huttons

HDB is set to launch an estimated 7,970 flats across seven projects.

The lack of a concurrent Sale of Balance Flats exercise in the October 2026 BTO launch could push buyers who need homes sooner towards the resale market, Huttons said.

The shift could help stabilise prices, which softened in the first five months of 2026, said Lee Sze Teck, senior director of data analytics at Huttons Asia.

HDB is set to launch an estimated 7,970 flats across seven projects in October.

Huttons said the exercise could comprise 1,430 Prime flats, 2,940 Plus flats, and 3,600 Standard flats.

The Toa Payoh project is likely to be classified as Prime, whilst projects in Bedok and Geylang are likely to fall under the Plus category. Standard units are expected in Sembawang, Tengah, and Yishun.

Toa Payoh four-room flats are projected to start from $590,000, with first-timer application rates of three to four applicants per flat.

Bedok four-room flats are projected to start from $520,000, whilst Geylang four-room flats are projected to start from $540,000. Huttons expects both projects to draw two to three first-timer applicants per four-room flat.

Sembawang could see weaker demand, with four-room flats projected to start from $330,000 and first-timer application rates below one applicant per flat, it added.

Tengah and Yishun four-room flats are projected to start from $360,000, with first-timer application rates of one to two applicants per flat.

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