get an agent

Buy with an Agent

Dedicated experts at your service

Documentation Services

Leave the paperwork to us

do it yourself

Browse New Launch Condos

Find new units for sale

Browse Resale Listings

Connect with sellers through our app

RESOURCES

Calculate Buyer’s Stamp Duty

Find the amount payable when buying

Affordability Calculator

Find the amount payable when buying

How to Buy an HDB

A step-by-step guide to buying HDB

How to Buy a Private Property

A step-by-step guide to buying condo/landed

get an agent

Sell with an Agent

Dedicated experts at your service

Documentation Services

Leave the paperwork to us

do it yourself

Post a Listing for Free

Connect with buyers through our app

RESOURCES

Calculate Seller’s Stamp Duty

Find the amount payable when selling

How to Sell my HDB

A step-by-step guide to selling HDB

How to Sell my Private Property

A step-by-step guide to selling condo/landed

HOME E-VALUATION

For tenants

Rent with an Agent

Dedicated experts at your service

RESOURCES

How to Rent an HDB

A step-by-step guide to renting HDB

How to Rent a Private Property

A step-by-step guide to selling condo/landed

For landlords

Lease with an Agent

Dedicated experts at your service

Lease Documentation

Leave the paperwork to us

RESOURCES

How to Lease an HDB

A step-by-step guide to renting HDB

How to Lease a Private Property

A step-by-step guide to selling condo/landed

Do it yourself

ARTICLE CATEGORIES

HDB

All things about public housing

Private Property

All things about private property

Home Improvement

Guides for must-know reno tips

Financing

All about mortgage solutions

Towns

Singapore townships in focus

Client Stories

Success stories from customers

Founders’ Message

From the desks of Rhonda & Race Wong

Share on facebook
Share on twitter
Share on email
Share on whatsapp

Property News: September 2019 BTO Launch and the All-New Enhanced CPF Housing Grant (EHG)

Ohmyhome

Ohmyhome

Share on facebook
Share on email
Share on whatsapp

On the lookout for the next BTO launch? Good news, the wait is over! The September BTO exercise has been announced on 11 September 2019. Aspiring homeowners can now apply for 3 new BTO projects that offer a total of 3,373 units of 2-room Flexi, 3-, 4-, and 5-room flats, namely:

  1. Punggol Point Cove
  2. Punggol Point Crown
  3. Tampines GreenGlen

September 2019 BTO Launch

Whether you’re a family with young kids, planning to occupy the home with your wife and kids along with your parents or right-sizing to an affordable home, you will surely find the perfect home suited for your needs from the diverse range of flat types under the BTO exercise.

Prices of the September 2019 BTO Flats

Project Name Flat Type Transacted Prices of Resale Flats in the Vicinity Selling Price (Excluding Grants) Selling Price (Including Grants^)
Punggol Point Cove / Punggol Point Crown 2-room Flexi $230,000 – $255,000 From $109,000 From $29,000
Punggol Point Cove / Punggol Point Crown 3-room $335,000 – $360,000 From $205,000 From $130,000
Punggol Point Cove / Punggol Point Crown 4-room $440,000 – $480,000 From $287,000 From $227,000
Punggol Point Cove / Punggol Point Crown 5-room $560,000 – $688,000 From $423,000 From $378,000
Tampines GreenGlen 4-room $400,000 – $465,000 From $312,000 From $267,000
Tampines GreenGlen 5-room $470,000 – $575,000 From $418,000 From $388,000

Source: HDB

Enhanced CPF Housing Grant

property-news-september-2019-bto-launch-and-all-new-enhanced-cpf-housing-grant-ehg

Like a gift that keeps on giving, aspiring homeowners can rejoice with the introduction of the new Enhanced CPF Housing Grant. Announced as a replacement of the Additional CPF Housing Grant and Special CPF Housing Grant – you can even think of it as a combination of the two – this Grant boasts a higher income ceiling to include more families looking to buy a home for the first time.

First-timer families with a monthly household income of up to $9,000 can look forward to a Grant amount of up to $80,000. This is based on the condition that the home’s balance lease will be able to last them up to the age of 95. If the balance lease falls short of this, the EHG amount will be pro-rated.

This less restrictive version of your run of the mill housing Grant allows families looking to buy bigger flats (eg. 5-room) in mature towns to fall under the eligibility criteria too, ultimately making homeownership a lot more accessible for Singaporeans!

Say you and your family successfully booked a 5-room BTO flat at GreenGlen for the first time. The selling price, which starts from $418,000 before the grant will be reduced to $388,000 after the grant, a welcome respite from forking out more than $400,000 for your first home.

If you’re more motivated than ever to apply for a BTO under the September 2019 exercise, don’t wait. You have only 7 days (effective from 11 September 2019) to apply for a BTO flat via the HDB InfoWEB. If the recent BTO locations are not quite your cup of tea, there will be another BTO exercise in November 2019 which will offer about 4,500 flats in Ang Mo Kio, Tengah, and Tampines. While you wait for November to come around, you can always consult our step-by-step guide to buying a BTO

.

Are resale flats more your speed? If you’re looking to buy a resale unit, check out our non-duplicated listings and DIY your housing transactions completely free of charge. Rest assured, there is no hidden or success fee.

We also offer top-notch agent services

from $2888 for aspiring resale home buyers. Call 6886 9009 now to learn more!


Related posts:


While the Information is considered to be true and correct at the date of publication, changes in circumstances after the time of publication may impact on the accuracy of the Information. The Information may change without notice and Ohmyhome is not in any way liable for the accuracy of any information printed and stored or in any way interpreted and used by a user.

Subscribe Now

Get a notification every time we upload a new blog post.

Featured Blogs

Your one-stop guide for must-know HDB tips

get an agent

Buy with an Agent

Dedicated experts at your service

Documentation Services

Leave the paperwork to us

Do it yourself

Browse New Launch Condos

Find new units for sale

Browse Resale Properties

Download the app and speak directly to sellers

RESOURCES

Affordability Calculator

Calculate required tax for selling

Calculate Buyer’s Stamp Duty

Find the amount payable when buying

How to Buy an HDB

A step-by-step guide to buying HDB

How to Buy a Private Property

A step-by-step guide to buying condo/landed

bUY OVERSEAS

get an agent

Sell with an Agent

Dedicated experts at your service

Documentation Services

Leave the paperwork to us

do it yourself

Post a Listing for Free

Download the app and connect with buyers

RESOURCES

Free Home E-Valuation

Know the value of your property in seconds!

Calculate Seller’s Stamp Duty

Find the amount payable when selling

How to Sell an HDB

A step-by-step guide to selling HDB

How to Sell my Private Property

A step-by-step guide to selling condo/landed

get an agent

Rent with an Agent

Dedicated experts at your service

do it yourself

Browse Rental Listings

Download the app and connect with landlords

RESOURCES

How to Rent an HDB

A step-by-step guide to renting HDB

How to Rent a Private Property

A step-by-step guide to renting condo/landed

get an agent

Lease with an Agent

Dedicated experts at your service

Lease Documentation

Leave the paperwork to us

do it yourself

Post a Listing for Free

Download the app and connect with tenants

RESOURCES

How to Lease my HDB

A step-by-step guide to renting out an HDB

How to Lease my Private Property

A step-by-step guide to renting out condo/landed

FEATURED ARTICLES

Condo Renting 101: Where to Look, Sizes and Cost

Looking for a condominium to rent ...

Ohmyhome Raises US$5M in Series A+ Funding

Ohmyhome, the leading Property 
One-Stop Shop Platform

ARTICLE CATEGORIES

HDB

All things about public housing

Private Property

All things about private property

Home Improvement

Guides for must-know reno tips

Financing

All about mortgage solutions

Towns

Singapore townships in focus

Client Stories

Success stories from customers

Founders’ Message

From the desks of Rhonda & Race Wong

Social media

Other