The Could 2023 HDB BTO has lastly launched! 5,495 items can be found for balloting on the HDB BTO portal throughout 4 estates from 30 Could, 3pm to five June, 11.59pm.
Be aware that for this Could 2023 HDB BTO, you’ll have to do the next:
1. preliminary HDB Flat Eligibility (HFE) verify earlier than you submit your BTO software
2. apply for the HFE letter inside 30 days of doing this preliminary verify
You’ll want the HFE letter once you go for the flat reserving appointment.
That is the final HDB BTO launch the place first-timer candidates who reject the chance to e book a flat can nonetheless get yet one more likelihood to get pleasure from first-timer advantages the following time they poll for a flat.
From the August 2023 BTO train onwards, should you select to reject your likelihood of reserving a flat, you’ll routinely be thought of a second-timer for one yr. We go into extra element on the implications right here, however briefly, what this implies is that your possibilities of securing a flat can be even decrease.
*In the event you’re on the lookout for alternate options to BTO, try our checklist of not too long ago MOP-ed resale HDB tasks close to the Could 2023 BTO areas.
TL;DR of the Could 2023 HDB BTO
^The estimated ready time is calculated from the median month of the flat choice train to the median of the projected completion month of the blocks throughout the mission.
Which Could 2023 BTO is a PLH mission?
As anticipated, the Kallang/ Whampoa BTO is a PLH mission. In spite of everything, it’s proper subsequent to a different PLH mission: the Farrer Park Fields BTO.
Which Could 2023 BTO are providing 5-room flats?
Aside from the Kallang/ Whampoa BTO, all of the Could 2023 tasks will supply 5-room flats. These are Bedok BTO, Serangoon BTO and the 2 Tengah BTO.
Which Could 2023 BTO has the shortest ready time?
The Parc Meadow BTO, positioned subsequent to the brand new ACS (Major) campus in Tengah, could have the shortest ready time of simply over three years. Some blocks have a ready time of three years 1 month, whereas some have a ready time of three years 4 months.
When will I get my Could 2023 BTO queue quantity?
HDB will inform you in your queue quantity in July 2023. In the meantime, the flat reserving train will begin in August 2023. You will have the HFE letter once you go for the appointment.
You’ll then be invited to signal the Settlement for Lease inside 9 months of reserving the flat. Head over to this page for more info.
Abstract of every Could 2023 HDB BTO mission
**Disclaimer: Strolling, public transport trip and driving durations are primarily based on Google Maps estimates. Precise instances could differ.
Bedok Could 2023 BTO (Bedok South Blossoms)
Location: Alongside Bedok South Street and Bedok South Avenue 3
Classification: Mature property
Variety of items: 1,640
Flat varieties: 2-room Flexi, 3-room, 4-room, 5-room, 3Gen
Worth vary for a 4-room flat: S$448k – S$587k
Estimated ready time: 3 years 5 months
Estimated completion date: Q3 2027
This Bedok BTO is without doubt one of the most enjoyable tasks on this launch. It’s been virtually seven years since HDB final launched a BTO within the property. (In the event you’re weighing your choices between a resale flat and a BTO flat, you would possibly wish to take into account Fengshan Greenville, which can MOP this yr!)
What’s extra, it’s the one mission within the Could 2023 launch to have 3Gen flats. Not like typical BTO flats, 3Gen flats function a further main bedroom with an ensuite toilet. The final time we had 3Gen flats was the August 2022 BTO in Ang Mo Kio, which attracted plenty of buzz.
Apart from that, this BTO is fairly close to the MRT at round a 12-minute stroll to Tanah Merah MRT, which has a direct hyperlink to Sceneca Residence. The built-in growth has a mall on the primary ground.
You’re additionally one cease away from Bedok MRT, the place there’s Bedok Mall and Djitsun Mall Bedok. Stroll a bit of additional, and also you’ll discover Sky Eden@Bedok rental (aka former Bedok Level), a mixed-use growth that includes retail outlets on the bottom ground.
Down south at round a 12-minute stroll is the upcoming Bedok South MRT (to be prepared in 2025) on the Thomson-East Coast Line (TEL). So that you’ll have yet one more MRT line to depend on apart from the East-West Line (EWL).
Nearer to residence, Bedok View Secondary and Katong College (Particular Training) are subsequent to this BTO website. However extra importantly for these on the lookout for a property close to a well-liked main faculty, this BTO is inside 1km of Temasek Major, and inside 1-2km vary of Purple Swastika College.
Learn in-depth evaluate of Could 2023 Bedok BTO.
HDB flats on the market in Bedok
Kallang/ Whampoa Could 2023 BTO (Farrer Park Enviornment)
Location: Alongside Farrer Park Street and Dorset Street
Classification: Mature property
Variety of items: 569
Flat varieties: 3-room, 4-room
Worth vary for a 4-room flat: S$505k – S$642k
Estimated ready time: 4 years
Estimated completion date: This fall 2027
The very first thing that caught our eye is that this website is north of the February 2023 Farrer Park Fields BTO, a Prime Location Public Housing (PLH) mannequin mission. So this BTO will share comparable close by facilities.
On the similar time, in comparison with Farrer Park Fields, this website is a bit of farther from the 2 MRTs within the space. It’s round a 10-minute stroll to Little India MRT and Farrer Park MRT. The latter is positioned under Metropolis Sq. Mall.
However, this Kallang/ Whampoa BTO is a PLH website given the town fringe location and strolling distance to Little India MRT. In the event you handle to get a flat right here, this implies you’ll should dwell in it for at the least 10 years to satisfy the Minimal Occupation Interval (MOP).
Maybe the spotlight of this mission is that it’s proper subsequent to the upcoming sports activities amenities in Farrer Park. Some amenities you’ll be able to sit up for embrace an open area and a swimming pool. This makes it ultimate for small households.
Learn in-depth evaluate of Could 2023 Kallang/ Whampoa BTO.
HDB flats on the market in Kallang/ Whampoa
Serangoon Could 2023 BTO (Serangoon North Vista)
Location: Alongside Serangoon North Avenue 1 and Yio Chu Kang Street
Classification: Mature property
Variety of items: 330
Flat varieties: 4-room and 5-room
Worth vary for a 4-room flat: S$397k – S$496k
Estimated ready time: 3 years 6 months
Estimated completion date: Q3 2027
One other thrilling mission on this BTO launch is the Serangoon BTO. As a result of the primary and final time HDB launched a BTO right here was virtually a decade in the past, and that’s for short-lease studio flats catered for the aged.
So we are able to just about say that that is the very first BTO launch in Serangoon that’s open to {couples} and households for the reason that BTO system began in 2001! (This additionally implies that beforehand, if you wish to purchase a flat right here, the one possibility was the resale market.)
One other factor that stands out to us is that it’s very close to Serangoon Backyard, which primarily contains non-public condos and landed properties. Extra importantly for foodies, it’s a foodie’s heaven with the well-known Chomp Chomp Meals Centre and cafes within the space.
Furthermore, in round 10 years’ time (or round 5 years after transferring in), you’ll have Serangoon North MRT on the brand new Cross Island Line (CRL) at round a 13-minute stroll away. When the primary part is prepared in 2032, the North-East Line (NEL) can be one cease away through Hougang MRT. In the meantime, the North-South Line (NSL) can be two stops away through Ang Mo Kio MRT.
Future mother and father who die die wish to get their youngsters into a well-liked main faculty may even wish to hold a glance out for this BTO because it’s inside 1km of Rosyth College.
In brief, this Serangoon BTO is comparatively centrally positioned however doesn’t include the PLH restrictions. However because it’s the smallest mission within the Could 2023 launch with solely 330 flats up for grabs, competitors right here can be stiff.
Learn in-depth evaluate of Could 2023 Serangoon BTO.
HDB flats on the market in Serangoon
Tengah Could 2023 BTO
This launch options two BTO tasks in Tengah. One is at Plantation Shut, and the opposite is subsequent to the brand new ACS (Major) campus.
Plantation Verge BTO
Location: Alongside Plantation Shut
Classification: Non-mature property
Variety of items: 971
Flat varieties: 2-room Flexi, 3-room, 4-room and 5-room
Worth vary for a 4-room flat: S$350k – S$440k
Estimated ready time: 3 years 8 months
Estimated completion date: Q3 2027
The principle spotlight of this Plantation Verge BTO (at the least for now) is that it’s positioned on the southern fringe of Tengah, so it’s proper subsequent to Jurong East. This makes it extra handy to entry sure facilities as it should take a while for Tengah to develop.
We additionally like that it’s round a five-minute stroll from the upcoming Tengah Park MRT (to be prepared in 2028) on the Jurong Area Line (JRL). Barring any delays, the MRT must be prepared a few years after residents begin transferring right here.
Drivers may even admire that it’s close to the PIE. However given how shut it’s to the expressway, it may possibly get fairly noisy right here, even with the proposed park and the multi-storey automobile park performing as a buffer.
That apart, this BTO is inside a five-minute stroll of the primary main faculty in Tengah. The aptly named Pioneer Major College will relocate to the brand new city in 2026. (Possibly that is the actual cause why they saved the identify Pioneer as a substitute of Juying when the faculties have been merged final yr 🤔)
We additionally wish to level out that this website is subsequent to 2 EC websites, with one of many websites presently up for tender. In the event you’re seeking to improve to personal property in future, you might also wish to take into account these ECs.
Parc Meadow @ Tengah BTO
Location: Alongside Tengah Park Avenue and Tengah Park Stroll
Classification: Non-mature property
Variety of items: 1,985
Flat varieties: 2-room Flexi, 3-room, 4-room and 5-room
Worth vary for a 4-room flat: S$363k – S$467k
Estimated ready time: 3 years 1 month, 3 years 4 months (relying on the block)
Estimated completion date: Q1 2027, Q2 2027 (relying on the block)
The Parc Meadow @ Tengah BTO is without doubt one of the most anticipated tasks on this launch. It’s because it’s positioned proper subsequent to the brand new ACS (Major) campus, which can transfer to its new residence in 2030.
We received’t be shocked if software charges in Tengah can be larger than the common this time spherical. Extra persons are anticipated to poll right here to safe a unit at Parc Meadow, whether or not it’s as a result of they really wish to enrol their youngsters within the well-liked main faculty or they hope to promote the flat at a better worth after MOP. In spite of everything, possibilities of getting a BTO flat subsequent to a well-liked main faculty are arduous to return by.
Aside from that, we like that this BTO is positioned within the coronary heart of Tengah, with the bus interchange proper throughout the road and the car-free city centre round a five-minute stroll. Right here’s additionally the place the brand new Tengah MRT (opening in 2027) on the JRL can be positioned at.
Plus, there’s the upcoming Central Park on the north of the BTO, the place you’ll be able to get pleasure from strolls within the landscaped park.
Learn in-depth evaluate of Could 2023 Tengah BTO.
HDB flats on the market close to Tengah
How in regards to the August 2023 HDB BTO?
HDB has launched the precise areas and estimated variety of items of the August 2023 BTO tasks.
- Choa Chu Kang: 2-room Flexi, 3-room, 4-room, 5-room, 3Gen
- Tengah: 2-room Flexi, 3-room, 4-room, 5-room
- Kallang/ Whampoa: 2-room Flexi, 3-room, 4-room
- Queenstown: 3-room, 4-room
We’ll do an summary of those tasks within the upcoming weeks. So watch this area for extra updates from us!
What’s important to know now are the modifications taking impact from the August 2023 BTO onwards.
As talked about earlier, should you reject an opportunity to e book a flat, you’ll be thought of a second-timer once you apply for BTO once more. This second-timer part will final for a yr. This ensures a extra environment friendly allocation of flats for individuals who want them.
Talking of extra environment friendly allocation, first-timer households with kids and married {couples} aged 40 and under who’ve by no means owned a home earlier than can sit up for a better likelihood of securing a flat. HDB may even introduce a brand new class for this group of individuals, referred to as the First-Timers (Mother and father and Married {Couples}) or FT (PMC). Not like typical first-timers, they’ll get yet one more poll likelihood.
Which Could 2023 HDB BTO mission will you go for? Tell us within the feedback part under.
In the event you discovered this text useful, 99.co recommends What you should learn about HDB’s Sale of Steadiness Flats (SBF) in 2023 and Not too long ago MOP-ed resale HDB tasks close to the Could 2023 BTO areas.