May 2022 BTO BTO Report

Bto Exercise Report

The May 2022 BTO HDB Build-to-Order launch comprises 6 project sites offering 4,700 units across 6 towns.

Project list

ProjectTownTierMOPUnits
Bukit Merah Skyview · previewBUKIT MERAH (D3)Standard5y480
Choa Chu Kang Loft · previewCHOA CHU KANG (D23)Standard5y700
Geylang Verde · previewGEYLANG (D14)Standard5y420
Tengah Garden Court · previewTENGAH (D24)Standard5y900
Toa Payoh Crest · previewTOA PAYOH (D12)Standard5y540
Yishun Beacon · previewYISHUN (D27)Standard5y660

Classification mix

  • Standard: 6 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
Tengah Garden CourtTENGAHStandard2-Room FlexiFirst-timer20.93x
Toa Payoh CrestTOA PAYOHStandard2-Room FlexiFirst-timer20.56x
Choa Chu Kang LoftCHOA CHU KANGStandard2-Room FlexiFirst-timer16.86x
Geylang VerdeGEYLANGStandard2-Room FlexiFirst-timer16.69x
Bukit Merah SkyviewBUKIT MERAHStandard2-Room FlexiFirst-timer16.05x
Yishun BeaconYISHUNStandard2-Room FlexiFirst-timer16.02x
Geylang VerdeGEYLANGStandard4-RoomFirst-timer7.38x
Bukit Merah SkyviewBUKIT MERAHStandard3-RoomFirst-timer6.81x
Bukit Merah SkyviewBUKIT MERAHStandard4-RoomFirst-timer6.65x
Yishun BeaconYISHUNStandard3-RoomFirst-timer6.43x
Choa Chu Kang LoftCHOA CHU KANGStandard4-RoomFirst-timer6.03x
Yishun BeaconYISHUNStandard4-RoomFirst-timer5.84x

Sources & methodology

Methodology & Sources

Figures below are drawn from May 2022 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.