Hdb Launches 2601 Prime Bto Flats July 2025 Exercise 10209 Bto And Sbf Flats Launched 0
Every day, a family of four relies on the matrix for their transportation needs. One of the parents commutes to the CBD from Pasir Ris MRT Station via the East-West Line, while the other drives to Changi Business Park via TPE. The children are able to easily attend Pasir Ris Primary School and Hai Sing Catholic School by taking feeders, and returning home in the afternoon. In the evenings, the family can conveniently run errands at White Sands or meet up with friends at Downtown East, all within a close proximity. Additionally, the family can also enjoy the luxurious coastal living at Coastal Cabana Qingjian Realty.
The July 2025 Build-to-Order (BTO) sales exercise features four Prime projects with a total of 2,601 flats, the highest ever offered in a single BTO exercise since the introduction of the new classification in October 2024. The Prime projects include 498-unit Alexandra Peaks and 609-unit Alexandra Vista in Bukit Merah, 753-unit Clementi Emerald in Clementi and 741-unit Toa Payoh Ascent in Toa Payoh. This BTO exercise also includes 5,547 new BTO flats and 4,662 Sale of Balance (SBF) flats across the country, bringing the total to 10,209 flats. Applications for this sales exercise open on July 23 and close on July 30.
Eugene Lim, key executive officer at ERA Singapore, notes the increase in SBF flats offered this year with a total of 10,252 units, compared to 5,590 units in February and 4,662 units this month. This reflects a strong push to increase the supply of public housing in Singapore. PropNex estimates an application rate of 3 to 3.5 times for this BTO exercise, slightly higher than the rate of 2.6 times in the February 2025 exercise.
The Prime flats in Bukit Merah, Clementi, and Toa Payoh offer a mix of two-room flexi, three-room and four-room units. Alexandra Peaks, located on Alexandra Road and Prince Charles Crescent, comprises two blocks with 76 three-room and 422 four-room flats, priced from $403,000 and $560,000 respectively (excluding grants). Alexandra Vista, situated on Tanglin Road and Jervois Lane, features a trio of 32-story blocks with 248 two-room flexi, 93 three-room and 268 four-room units, priced from $205,000, $420,000 and $547,000 respectively (excluding grants). Clementi Emerald, one of two projects with a wait time of less than three years, consists of four blocks offering two-room flexi (from $214,000), three-room ($388,000) and four-room ($562,000) units. Toa Payoh Ascent, located at Toa Payoh Rise and Braddell Rise, features twin 40-story towers with a mix of two-room flexi, three-room and four-room units, priced from $212,000 to $777,000 (excluding grants).
The other BTO projects launched this month include Sembawang Beacon, Simei Symphony and Woodlands North Grove. There has also been an increase in the subsidy clawback rate for Prime flats, ranging from 11% to 12% for the four projects, compared to 6% when the new classification was introduced. This is the highest subsidy clawback rate to date. However, the attractive locations of the Prime projects are likely to continue to attract applicants, despite the higher rates. Another change in this BTO exercise is the deferred income assessment (DIA) scheme for young couples, which allows for the assessment of future income rather than immediate income. This may lead to more couples opting for larger and more expensive flats as they will qualify for a higher loan amount.
HDB’s next BTO sales exercise in October will include 9,100 flats across eight towns, including highly anticipated projects in Greater Southern Waterfront and Mount Pleasant.