The Housing Development Board (HDB) has unveiled its February 2026 Build-to-Order (BTO) and Sales of Balance Flat (SBF) exercises, offering a total of 4,692 new BTO flats across Bukit Merah, Sembawang, Tampines, and Toa Payoh. Kelvin Fong, CEO of PropNex, estimates an application rate of 3.0 to 3.5 times for the BTO exercise, slightly lower than the previous October 2025 exercise due to the concurrent availability of 4,320 SBF units.
The BTO exercise includes 1,316 Shorter Waiting Time (SWT) flats, with a wait of less than three years, which are expected to attract significant interest. Notably, the Redhill Peaks project in Bukit Merah, classified as Prime, is anticipated to be highly sought after due to its proximity to Redhill MRT station and local amenities. The Tampines Nova project, classified as Plus, is also expected to be popular, given its location near Tampines MRT station and several schools.
In contrast, the Sembawang Voyage and Sembawang Deck projects may see moderate interest due to their distance from MRT stations, although future developments in the area could enhance their appeal. The Kim Keat Crest project in Toa Payoh, offering 1,151 Plus classified units, is expected to draw interest despite potential traffic noise concerns.
Overall, the February 2026 BTO exercise offers a diverse range of options, with 4-room flats comprising the largest proportion of units. The availability of SWT flats and completed SBF units may influence buyer preferences, potentially impacting the HDB resale market. The next BTO exercise is scheduled for May 2026.
