September 2019 Sales Launch

Application Procedure - Build-To-Order

Step 1: Submit your application online
  • Please apply online by 17 September 2019, Tuesday. The application period lasts for 7 days. You can apply online at any time until the end of the application period. All applications will then be put through a computer ballot and not on a first-come, first-served basis. You can check on the latest number of applications received.
  • Before committing to buying a flat, check your eligibility for a loan from HDB or a bank/ financial institution.
  • You can request for priority under the various priority schemes available if you meet the eligibility conditions. These schemes include:
    • Multi-Generation Priority Scheme
    • Married Child Priority Scheme
    • Parenthood Priority Scheme
    • Senior Priority Scheme
    • Third Child Priority Scheme
    • Tenants' Priority Scheme
  • You can apply for the Assistance Scheme for Second-Timers (Divorced/ Widowed Parents) if you are eligible.
  • Let us know your choice of town and flat type. Note that you need to meet certain eligibility criteria before you do so. Here is how you can check your eligibility:
  • You will also need to pay a non-refundable administrative fee of $10 by credit card (Visa or MasterCard only), or by scanning the QR code using any of the supporting mobile payment apps such as NETSPay, DBS PayLah!, POSB/ DBS Digibank, UOB Mighty, and OCBC Pay Anyone. If you are applying under the Multi-Generation Priority Scheme, the administrative fee payable for the combined application is $20.
  • If you do not have internet access and wish to visit HDB Hub or any HDB Branch to submit your application, our operating hours are:
    • Monday to Friday: 8am to 5pm
    • Saturday: 8am to 1pm
    • We are closed on Sunday and Public Holidays

Step 2: Apply for a mortgage loan
  • If you plan to take an HDB housing loan, you must have a valid HDB Loan Eligibility (HLE) Letter when booking a flat.
  • Eligible first-timer couples who are full-time students or National Servicemen, or have recently completed studies or National Service within 12 months prior to the flat application may defer the income assessment for grants and HDB housing loan till just before key collection. For this group of couples, you will need to submit your income documents to HDB for assessment of grant and housing loan when you are invited to do so during the update of the Probable Completion Date (PCD) notification, approximately 3 months before flat completion.
  • If you are taking a bank loan, please approach any financial institution to find out the amount you can borrow. You must produce a valid Letter of Offer before signing the Agreement for Lease.

Step 3: Book your new home
  • We will let you know the outcome of the ballot in October 2019. Applicants who are invited to book a flat will be informed to log on to My HDBPage with their Singpass to view the invitation package and the selection appointment date. The selection exercise will start from October 2019.
  • You will need to pay an option fee by NETS to book a flat. The option fee for each flat type is:

    Flat Type Option Fee
    2-room Flexi $500
    3-room $1,000
    4-/ 5-room/ 3Gen $2,000
  • If you are taking an HDB housing loan, you must have a valid HLE letter when booking a flat, unless you meet the conditions for deferment of income assessment for grants and HDB housing loans till just before the key collection. Please note that housing loans are not available for buyers of short-lease 2-room Flexi flats.

Step 4: Sign the Agreement for Lease
  • You will be invited to sign the Agreement for Lease within 4 months from your flat selection date.
  • If you are taking a housing loan from HDB:
    • You need to pay 10% of the flat's selling price as downpayment using CPF and/ or cash
    • First-timer buyers and existing flat owners right-sizing to a 2-room Flexi or 3-room flat who qualify for the Staggered Downpayment Scheme only need to pay a 5% downpayment. The balance purchase price is payable at the time of key collection
  • If you are taking a housing loan from a bank/ financial institution:
    • You need to pay 20% of the flat's selling price as downpayment. The cash payment needed depends on the regulations and guidelines by the Monetary Authority of Singapore and the respective banks and financial institutions, which may be revised from time to time. Check out more details on taking a housing loan from the bank
    • If you are a first-timer buyer or existing flat owner right-sizing to a 2-room Flexi or 3-room flat, you only need to pay a 10% downpayment if you qualify for the Staggered Downpayment Scheme. You can pay the balance purchase price when you collect the keys to your new home
  • If you intend to purchase a short-lease 2-room Flexi flat:
    • you need to pay 10% of the flat's selling price as downpayment using CPF and/ or cash. Buyers can use the excess CPF savings in their Retirement and Ordinary Accounts, after setting aside the Basic Retirement Sum to buy the short-lease 2-room Flexi flat.
    • Existing flat owners right-sizing to a short-lease 2-room Flexi flat who qualify for the Staggered Downpayment Scheme need only pay 5% downpayment. The balance purchase price is payable at the time of keys collection.
  • You also need to pay about 1% to 3% of the flat's selling price as legal and stamp fees using CPF and/ or cash.
  • Under the Deferred Downpayment Scheme, eligible elderly flat owners who are right-sizing to a 2-room Flexi or 3-room flat can defer the downpayment on their new flat until key collection. This will help to ease the cash flow for elderly flat owners whose funds are tied up in their existing flat.

Step 5: Move into your new home
  • You will need to pay the balance of the flat's selling price with a loan from us or a bank/ financial institution, or using CPF and/ or cash. If taking an HDB housing loan, each flat buyer can retain up to $20,000 in his/ her CPF Ordinary Account and use the balance funds to pay for the flat purchase.
  • If your new home is a short-lease 2-room Flexi flat, you need to pay the balance of the flat's selling price in full using CPF and/ or cash.
  • Elderly and non-elderly flat buyers who are not taking a housing loan for their new flat can apply for a temporary loan under the Temporary Loan Scheme (TLS), if eligible. The TLS assists flat buyers to collect keys to their new flats first while they are in the process of selling their existing flat.
  • We will invite you to collect the keys to your flat when it is completed. The estimated completion date, estimated waiting time, and estimated delivery possession date for each project are:

    Projects Selection
    (Median Month)
    Estimated
    Completion
    Date (ECD)
    Estimated
    Waiting
    Time*
    Estimated Delivery
    Possession Date^
    Punggol Point Crown October 2019 to April 2020 (January 2020) 3Q2023 to
    4Q2023
    42 to 45
    months
    31 July 2024 to
    31 October 2024
    Punggol Point Cove 4Q2023 to
    1Q2024
    46 to 48
    months
    30 November 2024 to
    31 January 2025
    Tampines GreenGlen 1Q2023 to
    2Q2023
    37 to 39
    months
    29 February 2024 to
    30 April 2024
    Notes:
    * Computed from median month of the selection exercise to the ECD. The construction time depends on many factors, such as the complexity of design, soil condition and site conditions.
    ^ The date that the HDB is required under the Agreement for Lease to deliver possession of the flat. Applicants will be informed of it during the signing of the Agreement for Lease.