facebookA Singaporean's Step-By-Step Guide: Applying For Your First HDB BTO (February 2021 BTO Sales Launch)


A Singaporean's Step-By-Step Guide: Applying For Your First HDB BTO (February 2021 BTO Sales Launch)

profileMing Feng

February 2021 HDB BTO Sales Launch Prices

Looking to BTO soon?

The prices for the February 2021 HDB BTO Sales Launch are finally out!

TownHDB BTO ProjectFlat TypePrice
(Excluding Grants)
(Including Grants)


Bukit BatokHarmony Village @ Bukit BatokCommunity Care Apartments (30-year Lease)From $52,000From $3,000+
West Hill @ Bukit Batok2-Room FlexiFrom $101,000From $21,000
3-RoomFrom $175,000From $100,000
4-roomFrom $260,000From $200,000
5-roomFrom $384,000From $339,000
TengahParc Woods @ Tengah2-room FlexiFrom $110,000From $30,000
3-roomFrom $209,000From $134,000
4-roomFrom $298,000From $238,000


Toa PayohBartley GreenRise
ParkEdge @ Bidadari
Alkaff Breeze
3-roomFrom $312,000From $252,000
4-roomFrom $464,000From $419,000
5-roomFrom $611,000From $581,000
Kallang/ WhampoaMcNair Heights2-room Flexi (40-year Lease)From $117,000From $37,000
3-roomFrom $359,000From $299,000
4-roomFrom $532,000From $487,000

Do note that

  • 2-room Flexi flats come in two sizes. Type 1 which is 36/38 sqm and type 2 that is 45/46/47 sqm.
  • The Community Care Apartments are Singapore’s first assisted living public housing, where applicants and their spouse (if any) must be 65 years old and above to apply for one.
  • The starting prices of flats in the table above are based on 99-year leases.
  • For McNair Heights, the 2-room Flexi flats are only offered to seniors, which also explains the short 40-year lease.

We also did an in-depth analysis of this BTO launch to help Singaporeans make a smarter decision!

Step-by-Step Guide: How To Apply For An HDB BTO?

Think that buying your first HDB BTO (Built-To-Order) flat is daunting?

Spent hours on end researching and trying to understand the application process?

We gotchu.

Here’s how you can apply for your first BTO.

1) Am I Eligible To Apply For An HDB BTO?

Before you even start applying for one, complete this survey to check your eligibility!

You and your partner need to fulfil the following criteria:

  • At least one of the applicants is a Singaporean
  • The other applicant is either a Singaporean or a Singapore Permanent Resident.
  • Either or both the applicants are 21 years or older
  • Your combined income does not exceed $14,000 (Special cases will be mentioned in the description of launch)
  • You do not own other local or overseas property
  • You have not sold any property within the last 30 months
  • You have not bought more than one new HDB/DBSS flat or EC before.
  • You have not received more than one CPF Housing grant thus far.

2) How Do I Pay For My HDB BTO?

Ensure that you have enough to pay the initial cost.

If you are purchasing your flat from HDB:

StagePayment DueMode of Payment
Submitting your application$10Credit Card
Booking a flatOption feeNETS
Signing of agreement for lease• Stamp duty
• Downpayment
• Cashier's order
Collection of keys• Stamp duty and legal fees
• Home Protection Scheme
• Fire Insurance
• Balance of the purchase price
• Cashier's order

If you are purchasing a DBSS flat or EC from a developer:

StagePayment DueMode of Payment
Submitting your applicationDetermined by developerDetermined by developer
Booking a flat and signing the Option to Purchase (OTP)Option fee - 5% of purchase price (goes to the cash portion of the downpayment)• Cash
• Cashier's orde
• Cheque
Signing Sale and Purchase Agreement• Balance downpayment
• 1% to 3% legal fee and stamp duty
• Cash
• Cashier's orde
• Cheque
Collection of keysIf paying installments using CPF savings:
• Home Protection Scheme*
• Fire Insurance*
The developer will inform you of any other payments to make
• Cash
• Cashier's orde
• Cheque
*Not applicable for ECs

Apply for the HDB Loan Eligibility (HLE) letter if you are looking to take a loan from HDB.

You will need this HLE letter during the Booking of Flat (selecting your flat).

If you prefer not to use an HDB CPF Loan, you can also approach your preferred bank for a loan.

You will need a valid Letter Of Offer from the banks before signing the Agreement of Lease.

3) Lookout for New BTO Launches and Apply!

Keep yourself updated for BTO launches and apply here.

  • $10 application fee is required for the application.

Make sure you think it through because a break-up after you BTO-ed means you’ll need to pay a hefty amount…

4) Check the Results of Your Application for Your HDB BTO

When the application period ends, your queue position will be balloted.

The application result will be sent to you via email or post.

You can also check the status of it online too.

Applicants will be invited to select a flat according to the balloted queue number.

Whether or not you get your chance to select a flat depends on the number of flats available when it reaches your queue number.

5) Paying the Option Fee

If you’re lucky enough to be able to select the flat you want, you’ll need to pay the Option Fee.

A valid HLE letter is required when selecting a flat if you are taking a loan from HDB.

6) Agreement of Lease and Key Collection

Sign the agreement for lease or to collect the keys for the flat, a few months after selecting a flat.

The signing of an agreement for lease are for flats that are still under construction, and keys for flats that are already completed.

This is the stage where you pay for the downpayment, legal fees, and stamp fees.

A valid HLE or Letter of Offer from the bank is required at this stage too.


About Ming Feng
A stint in Bloomberg gifted me with a beer belly, which only grew larger when I moved on to become a Professional Trader. Now I turn caffeine into digestible finance-related content.
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