The Seedly BTO Guide: Your Ultimate Step-by-Step Guide to BTO Application
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Seedly HDB BTO Flat Guide

The Seedly BTO Guide: Your Ultimate Step-by-Step Guide to BTO Application

Kenneth Fong
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Ready to take the next step into adulthood?

Short of having a wedding or trying for a kid, that probably means that you’re ready to buy your first home.

More specifically, you’re looking to purchase your first HDB Built-to-Order (BTO) flat.

Lemongrab Freaking Out
Source: Adventure Time | Giphy

RELAX.

Mai kan cheong (Hokkien: Don’t be nervous).

Whether it’s deciding which BTO project to apply for.

Or whether you should go with an HDB or bank loan to service your mortgage…

I gotchu bruv.


Your Personal Guide to Purchasing Your First BTO

Buying your first home is a daunting task.

But with this guide in hand, you’ll know exactly what you’re getting yourself into.

Seedly HDB BTO Flat Guide 1

Seedly HDB BTO Flat Guide 2

Seedly HDB BTO Flat Guide 3

Seedly HDB BTO Flat Guide 4

Seedly HDB BTO Flat Guide 5

Seedly HDB BTO Flat Guide 6

And if you’re still unsure or need advice from people who’ve gone through the BTO process…

You can ask the friendly Seedly Community your BTO-related questions and get answers!

What Are the Upcoming BTO Sales Launch 2020?

Missed the most recent BTO launch?

Fret not.

Because BTO projects are launched every quarter — or once every three months.

That means you can try applying for a BTO flat during February, May, August, and November of every year.

However, this might change from time to time at HDB’s discretion.

Here’s a look at what are the upcoming HDB BTO sales launches in 2020.

August 2020 BTO Sales Launch

The May 2020 HDB BTO Sales Launch was deferred and has been combined with the August 2020 BTO Sales Launch.

TownFlat TypeEstimated No. of Flats
Non-Mature
Choa Chu Kang2-Room Flexi
3-Room
4-Room
570
Tengah2-Room Flexi
3-Room
4-Room
5-Room
1,040
Woodlands2-Room Flexi
3-Room
4-Room
5-Room
2,110
Mature
Ang Mo Kio4-Room
5-Room
380
Bishan2-Room Flexi
3-Room
4-Room
470
Geylang3-Room
4-Room
420
Pasir Ris2-Room Flexi
3-Room
4-Room
5-Room
1,070
Tampines3-Room
4-Room
5-Room
1,760

Yep.

You’re looking at a whopping 7,800 BTO flats to be launched in August.

November 2020 BTO Sales Launch

TownFlat TypeEstimated No. of Flats
Non-Mature
Sembwawang2-Room Flexi
3-Room
4-Room
5-Room
720
Tengah2-Room Flexi
3-Room
4-Room
5-Room
1,570
Mature
Bishan2-Room Flexi
3-Room
4-Room
1,500
Tampines2-Room Flexi
4-Room
5-Room
750
Toa Payoh (Bidadari)3-Room
4-Room
5-Room
1,230

If you’d like to receive alerts about HDB BTO sales launches, you can subscribe to HDB’s eAlert Service.

But since we’re watching the HDB site like a hawk…

Trust me when I say that you’ll want to bookmark this page for your future reference.

Adventure Time Flame Princess and Finn Eyebrow Flirting
Source: Adventure Time | Giphy

What Is the Most Recent HDB BTO Sales Launch 2020?

The next HDB BTO Sales Launch is in August 2020.

Want a little more insight into which project you should apply for?

We did a little analysis to help you figure it out:

Seedly HDB BTO August 2020

Note: the prices are just estimates, but we’ll update the article once the actual prices are out!

And because this is a pretty HUGE step for most Singaporeans.

Chill.

You’ll usually have almost a week to decide which project you would like to apply for before submitting your application online.

It’s important to note that the application is NOT on a first-come, first-served basis.

So take your time to decide which project you would like to apply for before applying!

Things to Think About Before Applying for Your First HDB BTO

Before you apply for your first BTO flat.

You might want to find out what I wished I knew before buying my first BTO.

Seedly Things I Wished I Knew Before Buying My BTO

After all, it’s always better to learn from someone else’s mistakes than to make our own right?

Next, you’ll need to consider your finances and figure out what type of HDB flat can you afford? (read: the old myth of buying the largest flat you can get is not the wisest advice to follow.)

Seedly What Type Of HDB Flat Can I Afford?

Only buy as much house as you can afford lest you find yourself in a situation where you cannot afford to pay for the roof above your head.

Finally, you’ll also want to evaluate where your relationship is at.

This is particularly important because breaking up during the BTO process could potentially mean that you’ll lose more than $77,000!

Seedly BTO Break Up How Much Will You Lose

On top of that, you’ll even lose first-timer privileges and access to grants!

So think carefully before you do the “Ai BTO mai” tango…

How To Apply For Your HDB BTO Flat

The application process is pretty simple actually.

Just follow this step-by-step guide, which includes the prices for the various flat types available!

BTO February Launch 2020

What Is the Maximum Grant I Can Get?

If you’re baulking at the listed prices, take comfort in the fact that the Singapore government offers various HDB CPF grants like the Enhanced Housing Grant (EHG).

CPF Housing grants: BTO vs ResaleIn order to purchase your BTO or Resale HDB flat.

Now all you have to do is wait for the computer ballot to determine if you’re a successful applicant or not.

What If I’m Successful With My Application?

This is where it gets a little bit more serious.

Finn Fiddling His Fingers
Source: Adventure Time | Giphy

You’ll need to decide on a couple of things like:

Bank Loan Vs HDB Loan, Which Is Better?

HDB LOAN VS BANK LOAN

Besides the interest rates, there are plenty of other things to consider when deciding between using a bank loan or an HDB loan to pay for your new BTO flat.

Unless you can afford to pay for your new home fully in cash… erm… then you can skip this part.

If you’ve decided to go with a bank loan to pay for your new home, this compilation of housing and mortgage loans (fixed and floating) should come in handy.

Seedly Housing Mortgage Loan Floating and Fixed Rates

Toldja that I gotchu bruv.

Is the HDB Optional Component Scheme Really Worth It?

Before going down to the HDB Hub for your Booking of Flat, you’ll also need to decide if you want to opt-in for the HDB Optional Component Scheme.

Seedly Is The HDB Optional Component Scheme Worth It

It’s essentially a cost-effective way to get your home ready with the essential finishes and fittings you’d need so you can move in immediately once you collect your keys.

All that’s left is to wait patiently while HDB builds your BTO flat!

REITs Tool

About Kenneth Fong
Owner of a 4-room HDB BTO and married to a financial clutz. Probably the closest to an adult you can find on the Seedly team.
You can contribute your thoughts like Kenneth Fong here.

Still have more questions after reading the article? Fret not, ask our community here!

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