The February 2026 Build-to-Order (BTO) exercise by the Housing Development Board (HDB) has attracted significant interest, with 14,052 applicants vying for 4,692 new flats as of 5pm on 11 February 2026. This represents an application rate of 3.0 times, according to Kelvin Fong, CEO of PropNex.
Tampines emerged as the most sought-after location, with its two projects, Tampines Nova and Tampines Bliss, achieving a collective application rate of 11.6 times. The proximity of Tampines Nova to the MRT station and local amenities likely contributed to its popularity, with 2-room Flexi flats there seeing an application rate of over 20 times.
In contrast, Sembawang’s projects, Sembawang Voyage and Sembawang Deck, recorded the lowest interest with an application rate of 1.1 times. The location’s distance from key amenities and transport links may have influenced this outcome. Notably, the 5-room flats in Sembawang had an application rate of just 0.7 times, indicating a shift in buyer preferences towards more centrally located options.
Redhill Peaks in Bukit Merah also saw healthy interest, with an application rate of 3.5 times for its 1,052 flats. The upcoming June 2026 BTO exercise is expected to offer around 6,900 flats across five towns, providing further opportunities for prospective homeowners.
