HDB Annual Report 2020/2021

Live Well in Endearing Homes for All Amidst disruptions brought about by the COVID-19 pandemic this Financial Year (FY), HDB remained committed to delivering a comprehensive range of a ordable housing options for Singaporeans at all stages of their lives. In FY2020, HDB launched 3 Build-To-Order (BTO) exercises in August and November 2020, and February 2021. While HDB typically holds 4 BTO exercises a year, the May 2020 launch was deferred to the following quarter in view of circuit breaker measures. Overall, the BTO flat supply in the last FY comprised 25 projects with 17,397 highly subsidised flats across mature and non-mature towns. HDB o ered another 5,220 flats for sale under the Sale of Balance Flats (SBF) exercise. In addition, 807 flats were available for open booking, a sales mode introduced in FY2019 to help buyers get a home more quickly. Under this sales mode, buyers can submit an online application and select a unit as early as the next working day. Eligible home buyers, particularly first-timers, continue to enjoy generous housing grants to help them with the purchase of their HDB flat. 13 HDB ANNUAL REPORT 2020/21