February 2024 BTO BTO Report

Bto Exercise Report

The February 2024 BTO HDB Build-to-Order launch comprises 5 project sites offering 4,126 units across 5 towns.

Project list

ProjectTownTierMOPUnits
Bukit Panjang Vines · previewBUKIT PANJANG (D23)Standard5y580
Hougang Citrine · previewHOUGANG (D19)Standard5y540
Pasir Ris Riviera · previewPASIR RIS (D18)Standard5y620
Sembawang Tides · previewSEMBAWANG (D27)Standard5y660
Tengah Plantation Hill · previewTENGAH (D24)Standard5y920

Classification mix

  • Standard: 5 projects (100%)
  • Plus: 0 projects (0%)
  • Prime: 0 projects (0%)

Most oversubscribed (final ballot)

Top 12 subscription rates from this exercise — useful as precedent for similar future launches.

ProjectTownTierFlatApplicantRate
Hougang CitrineHOUGANGStandard2-Room FlexiFirst-timer22.10x
Tengah Plantation HillTENGAHStandard2-Room FlexiFirst-timer21.15x
Bukit Panjang VinesBUKIT PANJANGStandard2-Room FlexiFirst-timer19.17x
Sembawang TidesSEMBAWANGStandard2-Room FlexiFirst-timer16.38x
Pasir Ris RivieraPASIR RISStandard2-Room FlexiFirst-timer14.30x
Sembawang TidesSEMBAWANGStandard4-RoomFirst-timer6.69x
Tengah Plantation HillTENGAHStandard3-RoomFirst-timer6.46x
Pasir Ris RivieraPASIR RISStandard3-RoomFirst-timer6.22x
Bukit Panjang VinesBUKIT PANJANGStandard4-RoomFirst-timer6.21x
Bukit Panjang VinesBUKIT PANJANGStandard3-RoomFirst-timer5.92x
Tengah Plantation HillTENGAHStandard4-RoomFirst-timer5.67x
Pasir Ris RivieraPASIR RISStandard4-RoomFirst-timer5.56x

Sources & methodology

Methodology & Sources

Figures below are drawn from February 2024 BTO and revised every quarter.

HDB resale and rental data from data.gov.sg.

  • HDB project list and unit counts sourced from HDB press releases.
  • Final ballot subscription rates from HDB application-rate publications post-ballot.
  • Precedent statistics aggregated from final-rate history in ShiokNest BTO database.

We report medians (not means) so a single outlier transaction cannot skew district-level figures. PSF = price per square foot.