In addition to the 3,373 flats on offer following the latest September 2019 BTO launch, homeowners will have even more flats to pick and choose from the 716 flats made available through the ROF exercise. Consisting of a wide range of flat types – from 2-room Flexi to Executive – and across both mature and non-mature towns, the ROF selection is made up flats from last November’s Sale of Balance Flats Exercise.
A defining characteristic of ROF is that flats don’t typically come with a long waiting period, unlike BTOs. If you have a tight timeline when it comes to securing a new flat, it’s time to check out the flats for open booking on HDB InfoWEB
.
A brief recap on the new ROF Exercise
As part of HDB’s ongoing efforts to make flats more accessible to potential homeowners, the enhanced scheme will allow home buyers to secure an HDB flat as soon as the next day after they apply for one, thus the ability to move in earlier. It is available for booking at any time of the year.
September 2019 ROF prices
Non-mature town
| Flat Type | Selling Price (excluding EHG) | Selling Price (including EHG) |
|---|---|---|
| 3-room | From $178,000 | From $103,000 |
| 4-room | From $216,000 | From $156,000 |
| 5-room | From $283,000 | From $238,000 |
| Executive | From $440,000 | From $440,000 |
Source: HDB
Mature town
| Flat Type | Selling Price (excluding EHG) | Selling Price (including EHG) |
|---|---|---|
| 2-room Flexi | From $169,000 | From $89,000 |
| 3-room | From $194,000 | From $134,000 |
| 4-room | From $306,000 | From $261,000 |
| 5-room | From $398,000 | From $368,000 |
| 3Gen | From $424,000 | From $394,000 |
| Executive | $470,000 | $470,000 |
Source: HDB
Aside from booking unsold balance flats, buyers can also apply for the all-new Enhanced Housing Grant (EHG), allowing homeownership to be more accessible. Under its more flexible eligibility conditions (and raised income ceilings), more Singaporeans are able to enjoy a grant amount of up to $80,000. Curious to learn more? We have an in-depth article on the new housing grant to catch you up to speed.
In a hurry for a home? Check out thousands of non-duplicated listings at Ohmyhome and find your dream home. DIY your housing transactions completely free of charge. Rest assured, there is no hidden or success fee.
Happy searching!
Related posts:
- Property News: September 2019 BTO Launch and the All-New Enhanced CPF Housing Grant (EHG)
- Buying a BTO 101: 7 Step-by-Step Guide
- Buying a BTO 101: Stylish New Design Upgrades for BTOs Launched from February 2019
- Property with D & Z Episode 2: Changes in the Re-Offer of Balance Flats Scheme (ROF)
- Property with D & Z Episode 3: Pros and Cons of Buying a BTO
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.
