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1. Shard Calculation

Query:

Response:

Calculated Shard: 28 (from laksa021)

2. Crawled Status Check

Query:

curl -X POST \
  'http://laksa028.int.ahrefs:8124/' \
  -H 'Content-Type: text/plain' \
  -H 'X-ClickHouse-Database: crawler3' \
  -H 'Authorization: Basic YXBpOg==' \
  -d 'SELECT getAhrefsURLFromUnparsed(src_unparsed) AS found_url, ifNull(toUnixTimestamp(download_stamp), 0) AS crawl_time, ifNull(toUnixTimestamp(props_url_first_seen), 0) AS first_indexed_time, download_http_code AS http_code, src_unparsed AS src_unparsed, src_root_hash AS src_root_hash, history_drop_reason AS history_drop_reason, meta_title AS meta_title, meta_descriptions AS meta_descriptions, attrs_boilerpipe_text AS attrs_boilerpipe_text, attrs_markdown AS attrs_markdown, attrs_readable_markdown AS attrs_readable_markdown, meta_canonical AS meta_canonical FROM crawler3.page_info_local FINAL PREWHERE (src_root_hash, src_unparsed) IN ((getAhrefsRootHashFromUnparsed(getAhrefsUnparsedNoserviceFromURL(\'https://blog.moneysmart.sg/property/hdb-bto-flat-guide/\')), getAhrefsUnparsedNoserviceFromURL(\'https://blog.moneysmart.sg/property/hdb-bto-flat-guide/\'))) FORMAT JSONEachRow'

Response:

{"found_url":"https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/","crawl_time":1776241654,"first_indexed_time":1531268000,"http_code":200,"src_unparsed":"sg,moneysmart!blog,\/property\/hdb-bto-flat-guide\/ s443","src_root_hash":"13205646038179025628","history_drop_reason":null,"meta_title":"Buying an HDB BTO Flat in Singapore: A Step-By-Step Guide (2026)","meta_descriptions":["Buying an HDB BTO flat is practically a rite of passage for Singaporeans. Here’s a step-by-step guide to your first BTO application and buying your flat."],"attrs_boilerpipe_text":"This year, HDB is set to\nlaunch 19,600 Build-to-Order (BTO) flats\n. That includes some 4,000 units (about a fifth) with waiting times of under 3 years! It's going to be an exciting year ahead for prospective homeowners.\nBut i\nf this is your first BTO application, excitement might quickly give way to intimidation and confusion when you find out how long the process can be. And don't even get us started on the\nacronyms\nthat can make you want to tear your hair out.\n \nRegardless of where you are in your home ownership journey, don’t fret—you’re not alone. In our comprehensive guide, we will delve into the various steps involved in purchasing an HDB BTO flat in Singapore, covering everything from determining your eligibility to the application process to your considering your financing options.\nBy the end of this guide, you should have a clear understanding of what it takes to navigate the HDB BTO flat-buying process and make an informed decision that suits your needs and preferences.\nCheck out our review of the latest HDB BTO sales launch\n: \nHDB BTO Feb 2026 Review—Locations, Application Rates, Prices, and More\nWatch: \nBuying an HDB BTO in Singapore—from Flat Application to Key Collection\n1. \nTimeline and steps to buying an HDB BTO flat in Singapore\nSo, what steps need to happen to get a BTO flat? And how long does each stage of the HDB BTO process takes? The timeline below shows every key step, so you know exactly what to expect from eligibility checks to key collection. Use it for a quick snapshot before you dive into the details.\nStep\nWhat to do\nWhen to do it\nDocuments required\nCheck eligibility\nApply for an HDB Flat Eligibility (HFE) letter.\nThis letter not only lets you apply for a flat, but also tells you if you’re eligible to buy one, apply for grants, and take up a loan.\nApply\nby the 15th, at least 2 months before\nthe BTO launch month. For example, if the BTO launch is in Feb 2026, apply for your HFE letter by 15 Dec 2025.\nApply via Singpass.\nApply online\nApply for a flat\non the HDB Flat Portal. It\ncosts\n$10\nper application\n. \nDuring the sales launch. The window will be open for\n1 week\n.\nYou must have a valid HFE letter to apply for a BTO flat.\nGet ballot results\nLook out for an email from HDB—it’ll tell you your ballot results.\nUp to\n2 months\nafter applications close.\n–\nBook a flat\nBook a flat\nbased on your queue position at HDB Hub. You’ll need to pay the\noption fee\n:\n– 4-room and bigger:\n$2,000\n– 3-room:\n$1,000\n– 2-room Flexi:\n$500\n– BTO and SBF: From\n4 weeks\nafter ballot results.\n– Open booking: As early as the next working day\n– Identity Cards (ICs)^ of all listed applicants\/ occupants\n– Passport for non-residents\nYou may also need: birth certificate(s) of your child(ren), marriage certificate, divorce certificate, doctor's certification of pregnancy, or others.\nRead more\n.\nSign agreement for lease\nPay\ndownpayment\n. Ensure you have a valid Letter of Offer if taking a bank loan.\nWithin\n9 months\nafter booking a flat.\n– Identity Cards (ICs)^ of all listed applicants\/ occupants \n– Passport for non-residents\n– Birth certificate(s) of your child(ren)\nRead more\n.\nCollect keys\nPay the balance purchase price and collect your keys.\n– BTO: Waiting time varies.\n– SBF\/open booking (flats under construction): Collect keys when completed.\n– SBF\/open booking (completed flats): Collect keys when you sign the Agreement for Lease.\n– Identity Cards (ICs)^ of all listed applicants\/ occupants \n– Certificate of Insurance for fire insurance\n– Singpass\n– Power of Attorney, if applicable\nRead more\n.\nBack to top\n2. Are you eligible for HDB BTO?\nTo buy an HDB BTO flat, you’ve got to first check if you're eligible. Otherwise, the government is going to slam the door in your face.\nYou must be at least 21 years old and satisfy\none\nof the following in order to purchase a BTO flat:\nFiancé and fiancée\n: At least 1 of you is a Singapore Citizen, and the other is a Singapore Citizen or PR. Be prepared to register your marriage before taking possession of your flat if applying for additional or Enhanced CPF Housing Grant or within 3 months of taking possession of flat.\nMarried couples and\/ or parent(s) with child(ren)\n: You are a Singapore Citizen, applying with at least 1 other Singapore Citizen or PR as a family nucleus. This means you are applying with:\nSpouse and kids (if any); OR\nParents and siblings (if any), and if you're unmarried\/ widowed\/ divorced, at least one of your parents is a Singapore Citizen\/PR; OR\nYour child(ren) under your legal custody (only for widowed\/divorced applicants).\nMulti-generation families\n: You are a Singapore Citizen, and are applying with your spouse and parents. Aside from you, at least 1 other applicant must be a Singapore Citizen or PR. This sounds like the \"married couple with parents\" eligibility condition above, but the difference is that under this scheme you'll be eligible for a\n3Gen flat\n.\nOrphaned siblings\n: You and your siblings are orphans and single (unmarried, divorced, or widowed) and at least 1 of your deceased parents was a Singapore Citizen or PR.\nFamilies with non-residents\n: You are a Singapore Citizen applying with your non-resident spouse who holds a valid Visit Pass or Work Pass that can have any validity period. If you apply with your non-resident parents or child(ren), you'll only be eligible to buy a resale flat and not a new flat like a BTO.\nSeniors\n: You are a Singapore citizen aged 55 and above. You can also apply with your fiancé\/ fiancée or spouse, parent(s) or child(ren), siblings who are orphans and single, your non-resident spouse, or unrelated single citizens. With the exception of your non-resident spouse, the others you apply with must be a Singapore Citizen\/PR. Under this scheme, you can buy a \nshort-lease 2-room Flexi flat\nor\nCommunity Care Apartment\n.\nSingles\n: You are a single Singapore Citizen aged 35 and older applying alone OR with up to 3 other singles, of which at least 1 must be a Singapore Citizen\/PR. Note that you'll only be eligible for 2-room flats, but they can be in any location.\nRead more about HDB's eligibility requirements when you apply as a\ncouple or family\n,\nsenior\n, or as a\nsingle\n.\nALSO READ\n: \nCan Singles Buy an HDB Flat in Singapore? Here’s What You Need to Know\nIn addition, you’ll have to ensure you’re not making too much money to qualify for the flat you’re eyeing. Here are the \nincome ceilings for the various types of flats\n:\n2-room Flexi flat\n: $7,000; or $14,000 for short-lease flats (max 45-year lease)\n3-room flat\n: $7,000; or $14,000 depending on which project you’re balloting for. Check the sales launch to know the exact income ceiling.\n4-room flat or bigger\n: $14,000; or $21,000 if you’re purchasing the flat as an extended or multi-generation family.\nNote that your children included as co-applicants or occupiers also contribute to the total household income if they're earning an income. Include their salaries when you're adding things up to make sure you don't bust that\nincome ceiling as an extended family\n.\nYou (and anyone else in your BTO application) \nmust also not own any other property\n, HDB or private, locally or overseas.\nIf you currently own\nprivate property\n, you’ll need to sell off your property\nat least 30 months\nbefore you apply for the\nHFE letter\n, which you in turn should apply for before you apply for your BTO.\nIf you currently own an\nHDB flat\n, you must dispose of the flat\nwithin 6 months\nof the completion of your BTO flat.\nBack to top\n3. Apply for an HDB Flat Eligibility (HFE) letter\nIn 2023, the government introduced a new step to the BTO process—the application of the\nHFE Letter\n.\nEven before you start searching the web for new launches, HDB now requires you to first apply for an HDB Flat Eligibility (HFE) letter through the\nHDB Flat Portal\n. You will need your Singpass to sign in.\nThis letter will set out whether you are eligible to buy a flat, apply for the Enhanced CPF Housing Grant and take up an HDB or bank loan. In other words, it will mine your data and tell you most of what you need to know.\nYou cannot escape applying for the HFE Letter even if you already have all the necessary information. Without it, you cannot even apply for a flat.\nIt will take about\n1 month\n for the HFE Letter to be issued after receipt of your application and supporting documents. It may be longer during peak periods, so applying earlier is safer. Once you get your hands on it, the HFE Letter is\nvalid for 9 months\nfrom the date of issue.\nBottom line: Once you (and your fiancé\/family, if applicable) decide you want to try for a flat, you should apply for the HFE Letter as soon as you can. It's better to have it ready rather than wait until a launch you are interested in rolls around.\nThe HFE Letter is not to be confused with the now-defunct HDB Loan Eligibility (HLE) Letter, which was meant solely for those taking out an HDB Housing Loan.\nThe HLE Letter was meant to be applied for AFTER balloting for a flat, and only those taking out an HDB loan had to apply.\nThe HFE Letter now replaces the HLE Letter. But do note that\nevery single applicant, regardless of loan, needs to apply for the HFE Letter BEFORE balloting.\nBack to top\n4. Look out for sales launches\nFirst, you’ll have to \ncheck the HDB website regularly\nfor news of upcoming sales launches. To make life easier, sign up for\nHDB’s eAlert Service\nso you can be notified of upcoming launches.\nHDB typically announces upcoming BTO projects\n at least 3 months prior to their launch\n. This should give you ample time to plan for the location you want.\nAlthough HDB does announce information like the locations, number of projects and flat types in upcoming launches months early, details like their\nprices\n,\nflat classification\n(Standard, Plus, Prime), and\nsubsidy clawbacks\nwill only be confirmed when applications open (i.e. when the launch, well,\nlaunches\n).\nThat said, we can make good guesses on how much certain projects would cost and what classification they would fall under. We do this by looking at their locations and referencing past launches. That's exactly what we did for our\nFeb 2026 BTO review\n—check it out.\nBack to top\n5. Ballot for your BTO\nWhen you see a launch in an area that interests you,\npay a\nnon-refundable\n \n$10 application fee\nto ballot\nfor it during the BTO application window.\nIf you thought striking Toto was hard, try balloting for an HDB flat. How many tries it takes you to get a flat depends on your luck. While some people get it on the first or second try, we’ve heard of cases where couples tried more than 10 times to no avail.\nExpect to wait\na maximum of\n2 months\nto know if you are successful or not.\nSee HDB's website for more details on the\nHDB BTO application timeline and process\n.\nBack to top\n6. Get an HDB Loan…or AIP if you’re taking out a bank loan\nFinally! The heavens smile upon you and you receive a decent queue number. After buying 4D on your lucky day, what’s next?\nBefore you progress to the next stage and sign your life away, it’s worthwhile to plan your finances using this \nhelpful HDB tool\n.\nA crucial part of the financing process is to decide on whom to get your home loan from. You have a choice between taking out an \nHDB loan vs bank loan\n.\nFirst-timers typically go for an HDB loan since the downpayment amount that HDB requires is less. But if you’re savvy and have enough savings, you can usually opt for a bank loan to get lower interest rates—we say \"usually\" because interest rates for housing loans are currently higher than HDB loans.\nHere's a pro tip the HDB staff told me when I was booking my own BTO:\nChoose an HDB loan first if you're unsure.\nYou can later switch from an HDB loan to a bank loan, but cannot switch from a bank loan to an HDB loan.\nEither way, you’ll need to get some kind of loan approval in principal BEFORE you\nchope\nthe flat. You’ll need to have all your loan documents in order to sign the lease agreement.\nHDB loan\n: You would already have obtained your HFE Letter before you applied for the flat, so there’s no further action needed here. The letter will tell you how much money HDB is willing to loan you.\nBank loan\n: You would have concurrently applied for in-principle approval (AIP) from the bank with your HFE letter application.\nWith the new HFE letter, applicants should have worked out their financing options ahead of time—even before you applied for your BTO. So you would know what your options are.\nBack to top\n7. Book your BTO flat and pay option fee\nYou’ll get called in to select a unit from\n4 weeks\nafter the release of the ballot results.\nYour queue number will determine your priority in choosing a unit. The number of people allotted queue numbers will exceed the number of units, so if your queue number is way out there, chances are you won’t be able to get your hands on a unit and will have to ballot again.\nWhen it comes time to show up at HDB Hub to book your flat, don’t forget to bring along your\nIC\n for identity verification. You may also need the following documents:\nScenario\nDocument required\nYou are married\nMarriage certificate\nYou are divorced\nDivorce certificate\nYour spouse is deceased\nDeath certificate of spouse\nYou are buying a flat under the Family Care Scheme (FCS) (Joint Balloting) or FCS (Proximity)\nYour birth certificate and your parents' marriage certificate\nYou have applied for a flat under the Family and Parenthood Priority Scheme (FPPS)\nA doctor's certification of pregnancy or your child's birth certificate\nOnce you’ve selected your unit, start the purchase process by paying the\noption fee\non the spot. By securing the\nOption to Purchase (OTP)\n, you get the right to purchase your flat.\nThe amount which you have to pay depends on your flat type. Note that payment can only be made via NETS.\n$500 for 2-room flexi flats\n$1,000 for 3-room flats\n$2,000 for 4 room or larger flats\nYou will also apply for your CPF housing grants at this point. Make sure you\ndownload the application forms for Enhanced CPF Housing Grant\nand bring them along to your flat booking appointment.\nALSO READ\n:\nHDB Grants Guide: What’s the Max CPF Housing Grant You Can Get?\nBack to top\n8. Sign BTO lease agreement, pay downpayment\nIn the past, you’d have to make a trip back to HDB Hub to sign the lease agreement within 4 months of booking a flat. But now, the wait between flat booking and signing the lease agreement can be up to\n9 months\n.\nMake sure you’ve gotten your HDB loan or bank loan arrangements in order by that time.\nOn the day you sign the lease agreement, you’ll have to fork out the downpayment, as well as stamp duties and legal fees.\nDownpayment at the signing of Agreement for Lease\nYou must make a portion of your\ndownpayment\non the day you sign the lease at HDB Hub. You'll pay the rest of your downpayment during key collection.\nHow much your downpayment at the signing of your lease agreement will be depends on whether you’re taking out an HDB or a bank loan.\nBuyers taking out HDB loan or no loan—\n10% of the purchase price (Cash and\/or CPF).\nOr 5% under the\nStaggered Downpayment Scheme\n (we'll elaborate below)\nOr 2.5% under\ndeferred income assessment\n for students and NSFs (we'll also elaborate below)\nBuyers taking out bank loan—\n20% (minimum 5% in cash, remaining 15% using CPF savings and\/or cash)\nFor those taking out a bank loan, the above scenario is based on a\nLoan To Value (LTV) limit\nof 75%. The LTV determines how much you are able to borrow from the bank in order to finance your home purchase.\nLegal fees and stamp duties\nYour legal fees and stamp duty can be paid using a mixture of cash and CPF. The stamp duty rates are as follows:\nFirst $180,000: 1%\nNext $180,000: 2%\nNext $640,000: 3%\nNext $500,000: 4%\nNext $1,500,000: 5%\nRemaining amount: 6%\nUse our handy\nstamp duty calculator\nto figure out how much you'll need to pay.\nStaggered Downpayment Scheme\nIf you’re a couple applying for a BTO for the first time before the younger applicant’s 30th birthday or an existing flat owner downgrading to a 3-room or smaller flat in a non-mature estate, you can apply for the\nStaggered Downpayment Scheme\n.\nAs the name implies, this allows you to split the downpayment into two payments:\nFirst payment when signing the lease agreement\nSecond payment when you sign the Terms of Agreement and collect your keys\nIf you’re wondering how this differs from the regular downpayment scheme, it lets you push a larger percentage of your downpayment to the day you collect your keys.\nFor those taking out a\nbank loan\n, the following is the breakdown of payment:\nDownpayment at signing of agreement for lease\n: 5% in cash + 5% using CPF OA savings or cash\nPayment during collection of keys\n: 15% using CPF OA savings or cash\nHowever, if you’re taking out an\nHDB loan\n, the following applies:\nDownpayment at signing of agreement for lease\n: 5% using CPF OA savings or cash\nPayment during collection of keys\n: 15% using CPF OA savings or cash\nNow, all you can do is wait for your BTO flat to be completed. This stage typically takes a few years—I mean, it's called \"build-to-order\" for a reason.\nStaggered Downpayment Scheme (for young couples)\nIf you and your boo are NSFs or fresh graduates, you're eligible for deferred income assessment. That means your initial downpayment at the lease agreement signing stage is even lower:\nDownpayment at signing of agreement for lease\n: 2.5% using CPF OA savings or cash\nPayment during collection of keys\n: 17.5% using CPF OA savings or cash\nThat gives you guys more time to pool your savings and get together enough moolah for the remaining 17.5% you need to fork out during key collection. Read more about\nHDB housing schemes to help young couples\n.\nDeferred Downpayment Scheme (for seniors)\nThe DDS is for seniors aged 55 years and above who are downsizing their flats. They should still own their existing flat at the time of application and have booked an uncompleted 3-room or smaller flat in an HDB sales exercise.\nBuyers who successfully apply for the DDS will only have to pay stamp duty and legal fees when they sign the Agreement for Lease. They only need to pay the purchase price of the flat upon collection of the keys.\nBack to top\n9. BTO key collection day!\nAt some point, HDB will notify you to say that you can pick up the keys to your unit. Hooray!\nPayment during the collection of keys\nThe day you collect your keys, years later, you’ll have to pay the following:\nBuyers taking out HDB loan or no loan\n: 15% (CPF savings or cash)\nBuyers taking out bank loan\n: 5% (CPF savings or cash)\nFor those taking out a bank loan, the following example is based on an LTV limit of 75%.\nSelling your old flat and buying a new one\nIf you already own an existing HDB flat, you must dispose of it within 6 months from your BTO flat completion. To help you out, HDB lets you take out a\nContra Payment Facility\nthat will enable you to save a bit of money while coordinating the sale of your first flat and the purchase of the new one.\nIf you do not intend to take out a loan, you can opt for the\nTemporary Loan Scheme\nwhich will enable you to use the nett proceeds from the sale of your existing flat to pay for your new flat without having to take out a housing loan.\nAs a second-time flat buyer, you’ll need to pay a\nresale levy\nwhen you sell your existing flat to buy a new one. The resale levy will be automatically deducted by the HDB from your sale proceeds. If there is any shortfall, this must be settled in cash.\nOther things to pay upon key collection\nWhen you collect the keys, you’ll also be charged the following:\nSurvey fees\n—You will need to pay $164 to $409, depending on flat type, for a surveyor to inspect the condition and value of your flat. This can be paid using CPF savings if you wish.\nFlat Type\nSurvey Fee (inclusive of GST)\n2-room Flexi\/ Community Care Apartment\n$163.50\n3-room\n$231.60\n4-room\n$299.75\n5-room\n$354.25\nExecutive\n$408.75\nRegistration fees\n—You will have to pay a $38.30 registration fee if you are using HDB’s lawyers.\nStamp duty for Deed of Assignment\n—This must be paid for anyone taking out a housing loan, and costs 0.40% of the loan amount up to a maximum of $500.\nHome Protection Scheme (HPS)\n—This mortgage-reducing insurance offered by the CPF Board is compulsory for those using CPF savings to repay their home loan. Premiums are to be paid using CPF savings and\/or cash. Use\nHDB's HPS calculator\nto find out how much you'd need to pay per year.\nFire Insurance\n—\nFire insurance\nis compulsory for those taking out HDB loan. You must produce your Certificate of Insurance from HDB's appointed insurer, Etiqa, on the day you collect your keys. The premiums range from $1.11 for coverage of $37,900 for a 1-room Community Care Apartment to $6.68 for coverage of $176,700 for an Executive or Multi-Generation flat.\nFlat type\nFire insurance premium for 5-year term (includes GST)\nSum insured\n1-Room\/Community Care Apartment\n$1.11\n$37,900\n2-Room\/2-Room Flexi\/ Studio Apartment\n$1.99\n$57,000\n3-Room\n$3.27\n$83,300\n4-Room\/S1\n$4.59\n$117,000\n5-Room\/S2\/3Gen\n$5.43\n$144,800\nExecutive\/Multi-Generation\n$6.68\n$176,700\nBack to top\n10. What happens if you can’t sign the Agreement of Lease or collect your keys personally?\nYou can sign an HDB\nPower of Attorney (POA)\nappointing another person to act on your behalf in specified matters.\nFor instance, you might appoint someone to help you sign certain documents such as the Agreement to Lease. This might be necessary if you are not in Singapore on certain dates.\nYou need to submit all your POA documents to HDB at least 2 weeks before your appointment, so plan ahead. There's also a good 8 documents (including photocopies) to submit, so get prepared early—read more about the\nPOA on HDB's website\n.\nBack to top\nFound this article useful? Share this with fellow homeowners-to-be!","attrs_markdown":"[![MoneySmart Logo](https:\/\/assets.cdn-moneysmart.com\/assets\/cargo\/svg\/w5vwxizv54d1kcnlfsds.svg)](https:\/\/www.moneysmart.sg\/)\n\n- [Cards](https:\/\/www.moneysmart.sg\/credit-cards)\n  #### Compare Credit Cards\n  [All Credit Cards](https:\/\/www.moneysmart.sg\/credit-cards) [Air Miles Credit Cards](https:\/\/www.moneysmart.sg\/credit-cards\/air-miles) [Cash Back Credit Cards](https:\/\/www.moneysmart.sg\/credit-cards\/cash-back) [No Annual Fee Credit Cards](https:\/\/www.moneysmart.sg\/credit-cards\/no-annual-fee) [Overseas Spending Credit Cards](https:\/\/www.moneysmart.sg\/credit-cards\/overseas-spending) [Promo Credit Cards](https:\/\/www.moneysmart.sg\/credit-cards\/promo) [Petrol Credit Cards](https:\/\/www.moneysmart.sg\/credit-cards\/petrol) [Rewards Credit Cards](https:\/\/www.moneysmart.sg\/credit-cards\/rewards) [Travel Credit Cards](https:\/\/www.moneysmart.sg\/credit-cards\/travel) [0% Installment Credit 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bto flat step by step guide 2025](https:\/\/blog-cdn.moneysmart.sg\/wp-content\/uploads\/2025\/01\/BTO-Step-by-Step-Guides-by-MS-Masthead-template.png)\n\nThis year, HDB is set to [launch 19,600 Build-to-Order (BTO) flats](https:\/\/www.hdb.gov.sg\/about-us\/news-and-publications\/press-releases\/hdb-to-launch-19600-bto-flats-in-2026). That includes some 4,000 units (about a fifth) with waiting times of under 3 years! It's going to be an exciting year ahead for prospective homeowners.\n\nBut if this is your first BTO application, excitement might quickly give way to intimidation and confusion when you find out how long the process can be. And don't even get us started on the [acronyms](https:\/\/blog.moneysmart.sg\/property\/terms-to-know-when-buying-a-house\/) that can make you want to tear your hair out.\n\nRegardless of where you are in your home ownership journey, don’t fret—you’re not alone. In our comprehensive guide, we will delve into the various steps involved in purchasing an HDB BTO flat in Singapore, covering everything from determining your eligibility to the application process to your considering your financing options.\n\nBy the end of this guide, you should have a clear understanding of what it takes to navigate the HDB BTO flat-buying process and make an informed decision that suits your needs and preferences.\n***\n**Check out our review of the latest HDB BTO sales launch**: **[HDB BTO Feb 2026 Review—Locations, Application Rates, Prices, and More](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-feb-2026-review\/)**\n***\n### A step-by-step guide to buying an HDB BTO flat in Singapore (2026)\n1. [Timeline and steps to buying an HDB BTO flat in Singapore](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#timeline-and-steps-to-buying-an-hdb-bto-flat-in-singapore)\n2. [Are you eligible for HDB BTO?](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#are-you-eligible-for-hdb-bto)\n3. [Apply for an HDB Flat Eligibility (HFE) letter](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#hfe)\n4. [Look out for sales launches](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#saleslaunch)\n5. [Ballot for your BTO](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#ballot)\n6. [Get an HDB Loan…or AIP if you’re taking out a bank loan](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#loan)\n7. [Book your BTO flat and pay option fee](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#select)\n8. [Sign BTO lease agreement, pay downpayment](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#sign)\n9. [BTO key collection day\\!](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#key)\n10. [What happens if you can’t sign the Agreement of Lease or collect your keys personally?](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#poa)\n\n**Watch:** Buying an HDB BTO in Singapore—from Flat Application to Key Collection\n\n##\n## **1\\.** Timeline and steps to buying an HDB BTO flat in Singapore\nSo, what steps need to happen to get a BTO flat? And how long does each stage of the HDB BTO process takes? The timeline below shows every key step, so you know exactly what to expect from eligibility checks to key collection. Use it for a quick snapshot before you dive into the details.\n\n|   |   |   |   |\n|---|---|---|---|\n| **Step** | **What to do** | **When to do it** | **Documents required** |\n| **Check eligibility** | **Apply for an HDB Flat Eligibility (HFE) letter.** This letter not only lets you apply for a flat, but also tells you if you’re eligible to buy one, apply for grants, and take up a loan. | Apply **by the 15th, at least 2 months before** the BTO launch month. For example, if the BTO launch is in Feb 2026, apply for your HFE letter by 15 Dec 2025. | Apply via Singpass. |\n| **Apply online** | **Apply for a flat** on the HDB Flat Portal. It [costs **\\$10** per application](https:\/\/www.hdb.gov.sg\/residential\/buying-a-flat\/buying-procedure-for-new-flats\/application). | During the sales launch. The window will be open for **1 week**. | You must have a valid HFE letter to apply for a BTO flat. |\n| **Get ballot results** | Look out for an email from HDB—it’ll tell you your ballot results. | Up to **2 months** after applications close. | – |\n| **Book a flat** | **Book a flat** based on your queue position at HDB Hub. You’ll need to pay the [**option fee**](https:\/\/www.hdb.gov.sg\/residential\/buying-a-flat\/buying-procedure-for-new-flats\/booking-of-flat):  – 4-room and bigger: **\\$2,000**  – 3-room: **\\$1,000**  – 2-room Flexi: **\\$500** | – BTO and SBF: From **4 weeks** after ballot results.  – Open booking: As early as the next working day | – Identity Cards (ICs)^ of all listed applicants\/ occupants   – Passport for non-residents  You may also need: birth certificate(s) of your child(ren), marriage certificate, divorce certificate, doctor's certification of pregnancy, or others. [Read more](https:\/\/www.hdb.gov.sg\/residential\/buying-a-flat\/buying-procedure-for-new-flats\/booking-of-flat). |\n| **Sign agreement for lease** | Pay [downpayment](https:\/\/blog.moneysmart.sg\/home-loans\/hdb-downpayment-guide\/). Ensure you have a valid Letter of Offer if taking a bank loan. | Within **9 months** after booking a flat. | – Identity Cards (ICs)^ of all listed applicants\/ occupants  – Passport for non-residents – Birth certificate(s) of your child(ren)  [Read more](https:\/\/www.hdb.gov.sg\/residential\/buying-a-flat\/buying-procedure-for-new-flats\/sign-agreement-for-lease). |\n| **Collect keys** | Pay the balance purchase price and collect your keys. | – BTO: Waiting time varies.  – SBF\/open booking (flats under construction): Collect keys when completed.  – SBF\/open booking (completed flats): Collect keys when you sign the Agreement for Lease. | – Identity Cards (ICs)^ of all listed applicants\/ occupants  – Certificate of Insurance for fire insurance  – Singpass  – Power of Attorney, if applicable  [Read more](https:\/\/www.hdb.gov.sg\/residential\/buying-a-flat\/buying-procedure-for-new-flats\/key-collection). |\n\n[Back to top](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#top)\n\n## **2\\. Are you eligible for HDB BTO?**\nTo buy an HDB BTO flat, you’ve got to first check if you're eligible. Otherwise, the government is going to slam the door in your face.\n\nYou must be at least 21 years old and satisfy one of the following in order to purchase a BTO flat:\n\n- **Fiancé and fiancée**: At least 1 of you is a Singapore Citizen, and the other is a Singapore Citizen or PR. Be prepared to register your marriage before taking possession of your flat if applying for additional or Enhanced CPF Housing Grant or within 3 months of taking possession of flat.\n- **Married couples and\/ or parent(s) with child(ren)**: You are a Singapore Citizen, applying with at least 1 other Singapore Citizen or PR as a family nucleus. This means you are applying with:\n  - Spouse and kids (if any); OR\n  - Parents and siblings (if any), and if you're unmarried\/ widowed\/ divorced, at least one of your parents is a Singapore Citizen\/PR; OR\n  - Your child(ren) under your legal custody (only for widowed\/divorced applicants).\n- **Multi-generation families**: You are a Singapore Citizen, and are applying with your spouse and parents. Aside from you, at least 1 other applicant must be a Singapore Citizen or PR. This sounds like the \"married couple with parents\" eligibility condition above, but the difference is that under this scheme you'll be eligible for a **3Gen flat**.\n- **Orphaned siblings**: You and your siblings are orphans and single (unmarried, divorced, or widowed) and at least 1 of your deceased parents was a Singapore Citizen or PR.\n- **Families with non-residents**: You are a Singapore Citizen applying with your non-resident spouse who holds a valid Visit Pass or Work Pass that can have any validity period. If you apply with your non-resident parents or child(ren), you'll only be eligible to buy a resale flat and not a new flat like a BTO.\n- **Seniors**: You are a Singapore citizen aged 55 and above. You can also apply with your fiancé\/ fiancée or spouse, parent(s) or child(ren), siblings who are orphans and single, your non-resident spouse, or unrelated single citizens. With the exception of your non-resident spouse, the others you apply with must be a Singapore Citizen\/PR. Under this scheme, you can buy a **short-lease 2-room Flexi flat** or **Community Care Apartment**.\n- **Singles**: You are a single Singapore Citizen aged 35 and older applying alone OR with up to 3 other singles, of which at least 1 must be a Singapore Citizen\/PR. Note that you'll only be eligible for 2-room flats, but they can be in any location.\n\nRead more about HDB's eligibility requirements when you apply as a [couple or family](https:\/\/www.hdb.gov.sg\/residential\/buying-a-flat\/understanding-your-eligibility-and-housing-loan-options\/flat-and-grant-eligibility\/couples-and-families), [senior](https:\/\/www.hdb.gov.sg\/residential\/buying-a-flat\/understanding-your-eligibility-and-housing-loan-options\/flat-and-grant-eligibility\/seniors), or as a [single](https:\/\/www.hdb.gov.sg\/residential\/buying-a-flat\/understanding-your-eligibility-and-housing-loan-options\/flat-and-grant-eligibility\/singles).\n***\n**ALSO READ**: [Can Singles Buy an HDB Flat in Singapore? Here’s What You Need to Know](https:\/\/blog.moneysmart.sg\/property\/hdb-eligibility-singles-scheme-singapore\/)\n***\nIn addition, you’ll have to ensure you’re not making too much money to qualify for the flat you’re eyeing. Here are the **[income ceilings for the various types of flats](https:\/\/www.hdb.gov.sg\/cs\/infoweb\/-\/media\/doc\/PressReleases\/corp-pr10092019annex-c.ashx)**:\n\n- **2-room Flexi flat**: \\$7,000; or \\$14,000 for short-lease flats (max 45-year lease)\n- **3-room flat**: \\$7,000; or \\$14,000 depending on which project you’re balloting for. Check the sales launch to know the exact income ceiling.\n- **4-room flat or bigger**: \\$14,000; or \\$21,000 if you’re purchasing the flat as an extended or multi-generation family.\n\nNote that your children included as co-applicants or occupiers also contribute to the total household income if they're earning an income. Include their salaries when you're adding things up to make sure you don't bust that [income ceiling as an extended family](https:\/\/www.hdb.gov.sg\/-\/media\/doc\/EAPG\/Income-ceiling-for-extended-family.ashx).\n\nYou (and anyone else in your BTO application) **must also not own any other property**, HDB or private, locally or overseas.\n\n- If you currently own **private property**, you’ll need to sell off your property **at least 30 months** before you apply for the [HFE letter](https:\/\/blog.moneysmart.sg\/property\/hdb-hfe-letter\/), which you in turn should apply for before you apply for your BTO.\n- If you currently own an **HDB flat**, you must dispose of the flat **within 6 months** of the completion of your BTO flat.\n\n[Back to top](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#top)\n\n|   |\n|---|\n| **Getting ready to BTO? Prepare yourself for your home ownership journey with our BTO guides\\!** [Buying an HDB BTO Flat in Singapore: A Step-By-Step Guide (2026)](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/) [Guide to the HDB Flat Eligibility (HFE) Letter: When You Need It, How to Apply, and More](https:\/\/blog.moneysmart.sg\/property\/hdb-hfe-letter\/) [HDB BTO Feb 2026 Review: Locations, Prices, Site Plans, Expected Application Rates, and More](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-feb-2026-review\/) [HDB Downpayment Guide: How Much Do You Need for BTO, Resale & EC?](https:\/\/blog.moneysmart.sg\/home-loans\/hdb-downpayment-guide\/) [What Is The Additional Buyer’s Stamp Duty (ABSD) “99-1 Loophole” in Singapore and Is It Illegal?](https:\/\/blog.moneysmart.sg\/property\/absd-tax-loophole\/) [HDB Sale of Balance Flats: Guide to SBF & Open Booking](https:\/\/blog.moneysmart.sg\/property\/hdb-sales-of-balance-flats\/) |\n## 3\\. Apply for an HDB Flat Eligibility (HFE) letter\nIn 2023, the government introduced a new step to the BTO process—the application of the [HFE Letter](https:\/\/blog.moneysmart.sg\/property\/hdb-hfe-letter\/).\n\nEven before you start searching the web for new launches, HDB now requires you to first apply for an HDB Flat Eligibility (HFE) letter through the [HDB Flat Portal](https:\/\/www.hdb.gov.sg\/cs\/infoweb\/homepage). You will need your Singpass to sign in.\n\nThis letter will set out whether you are eligible to buy a flat, apply for the Enhanced CPF Housing Grant and take up an HDB or bank loan. In other words, it will mine your data and tell you most of what you need to know.\n\nYou cannot escape applying for the HFE Letter even if you already have all the necessary information. Without it, you cannot even apply for a flat.\n\nIt will take about **1 month** for the HFE Letter to be issued after receipt of your application and supporting documents. It may be longer during peak periods, so applying earlier is safer. Once you get your hands on it, the HFE Letter is **valid for 9 months** from the date of issue.\n\nBottom line: Once you (and your fiancé\/family, if applicable) decide you want to try for a flat, you should apply for the HFE Letter as soon as you can. It's better to have it ready rather than wait until a launch you are interested in rolls around.\n\n|   |\n|---|\n| **PSA**: If you plan to apply for a BTO flat during the **Feb 2026** sales exercise, HDB actually recommended you apply by **15 Dec 2025**. That's how early you should apply for it! If you don't have a valid HFE, you can [apply for your HFE letter](https:\/\/iam.hdb.gov.sg\/common\/login?spcptracking=1713980748776__bb51_72f0b68f38a0) now in time for the next sales exercise instead. |\n\n**The HFE Letter is not to be confused with the now-defunct HDB Loan Eligibility (HLE) Letter, which was meant solely for those taking out an HDB Housing Loan.** The HLE Letter was meant to be applied for AFTER balloting for a flat, and only those taking out an HDB loan had to apply.\n\nThe HFE Letter now replaces the HLE Letter. But do note that **every single applicant, regardless of loan, needs to apply for the HFE Letter BEFORE balloting.**\n\n[Back to top](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#top)\n\n## 4\\. Look out for sales launches\nFirst, you’ll have to [check the HDB website regularly](https:\/\/homes.hdb.gov.sg\/home\/landing) for news of upcoming sales launches. To make life easier, sign up for [HDB’s eAlert Service](https:\/\/services2.hdb.gov.sg\/webapp\/BF08CESS\/MainController?action=new) so you can be notified of upcoming launches.\n\nHDB typically announces upcoming BTO projects **at least 3 months prior to their launch**. This should give you ample time to plan for the location you want.\n\nAlthough HDB does announce information like the locations, number of projects and flat types in upcoming launches months early, details like their **prices**, **flat classification** (Standard, Plus, Prime), and **subsidy clawbacks** will only be confirmed when applications open (i.e. when the launch, well, *launches*).\n\nThat said, we can make good guesses on how much certain projects would cost and what classification they would fall under. We do this by looking at their locations and referencing past launches. That's exactly what we did for our [Feb 2026 BTO review](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-feb-2026-review\/)—check it out.\n\n[Back to top](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#top)\n\n## **5\\. Ballot for your BTO**\nWhen you see a launch in an area that interests you, pay a **non-refundable** **\\$10 application fee** to ballot for it during the BTO application window.\n\nIf you thought striking Toto was hard, try balloting for an HDB flat. How many tries it takes you to get a flat depends on your luck. While some people get it on the first or second try, we’ve heard of cases where couples tried more than 10 times to no avail.\n\nExpect to wait **a maximum of 2 months** to know if you are successful or not.\n\nSee HDB's website for more details on the [HDB BTO application timeline and process](https:\/\/www.hdb.gov.sg\/residential\/buying-a-flat\/buying-procedure-for-new-flats\/timeline).\n\n[Back to top](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#top)\n\n## 6\\. Get an HDB Loan…or AIP if you’re taking out a bank loan\nFinally! The heavens smile upon you and you receive a decent queue number. After buying 4D on your lucky day, what’s next?\n\nBefore you progress to the next stage and sign your life away, it’s worthwhile to plan your finances using this [helpful HDB tool](https:\/\/homes.hdb.gov.sg\/home\/calculator\/budget).\n\nA crucial part of the financing process is to decide on whom to get your home loan from. You have a choice between taking out an [HDB loan vs bank loan](https:\/\/blog.moneysmart.sg\/home-loans\/bank-loan-vs-hdb-loan-which-is-better\/).\n\nFirst-timers typically go for an HDB loan since the downpayment amount that HDB requires is less. But if you’re savvy and have enough savings, you can usually opt for a bank loan to get lower interest rates—we say \"usually\" because interest rates for housing loans are currently higher than HDB loans.\n\nHere's a pro tip the HDB staff told me when I was booking my own BTO: **Choose an HDB loan first if you're unsure.** You can later switch from an HDB loan to a bank loan, but cannot switch from a bank loan to an HDB loan.\n\nEither way, you’ll need to get some kind of loan approval in principal BEFORE you *chope* the flat. You’ll need to have all your loan documents in order to sign the lease agreement.\n\n- **HDB loan**: You would already have obtained your HFE Letter before you applied for the flat, so there’s no further action needed here. The letter will tell you how much money HDB is willing to loan you.\n- **Bank loan**: You would have concurrently applied for in-principle approval (AIP) from the bank with your HFE letter application.\n\nWith the new HFE letter, applicants should have worked out their financing options ahead of time—even before you applied for your BTO. So you would know what your options are.\n\n[Back to top](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#top)\n\n## 7\\. Book your BTO flat and pay option fee\nYou’ll get called in to select a unit from **4 weeks** after the release of the ballot results.\n\nYour queue number will determine your priority in choosing a unit. The number of people allotted queue numbers will exceed the number of units, so if your queue number is way out there, chances are you won’t be able to get your hands on a unit and will have to ballot again.\n\nWhen it comes time to show up at HDB Hub to book your flat, don’t forget to bring along your **IC** for identity verification. You may also need the following documents:\n\n|   |   |\n|---|---|\n| **Scenario** | **Document required** |\n| You are married | Marriage certificate |\n| You are divorced | Divorce certificate |\n| Your spouse is deceased | Death certificate of spouse |\n| You are buying a flat under the Family Care Scheme (FCS) (Joint Balloting) or FCS (Proximity) | Your birth certificate and your parents' marriage certificate |\n| You have applied for a flat under the Family and Parenthood Priority Scheme (FPPS) | A doctor's certification of pregnancy or your child's birth certificate |\n\nOnce you’ve selected your unit, start the purchase process by paying the **option fee** on the spot. By securing the **Option to Purchase (OTP)**, you get the right to purchase your flat.\n\nThe amount which you have to pay depends on your flat type. Note that payment can only be made via NETS.\n\n- \\$500 for 2-room flexi flats\n- \\$1,000 for 3-room flats\n- \\$2,000 for 4 room or larger flats\n\n![Option to Purchase Option Fee]()\n\nYou will also apply for your CPF housing grants at this point. Make sure you [download the application forms for Enhanced CPF Housing Grant](https:\/\/www.hdb.gov.sg\/-\/media\/doc\/EAPG\/ehg-form.pdf) and bring them along to your flat booking appointment.\n***\n**ALSO READ**: [HDB Grants Guide: What’s the Max CPF Housing Grant You Can Get?](https:\/\/blog.moneysmart.sg\/property\/hdb-cpf-housing-grant-guide\/)\n***\n[Back to top](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#top)\n\n## 8\\. Sign BTO lease agreement, pay downpayment\nIn the past, you’d have to make a trip back to HDB Hub to sign the lease agreement within 4 months of booking a flat. But now, the wait between flat booking and signing the lease agreement can be up to **9 months**.\n\nMake sure you’ve gotten your HDB loan or bank loan arrangements in order by that time.\n\nOn the day you sign the lease agreement, you’ll have to fork out the downpayment, as well as stamp duties and legal fees.\n\n### Downpayment at the signing of Agreement for Lease\nYou must make a portion of your [downpayment](https:\/\/blog.moneysmart.sg\/home-loans\/hdb-downpayment-guide\/) on the day you sign the lease at HDB Hub. You'll pay the rest of your downpayment during key collection.\n\nHow much your downpayment at the signing of your lease agreement will be depends on whether you’re taking out an HDB or a bank loan.\n\n- **Buyers taking out HDB loan or no loan—**10% of the purchase price (Cash and\/or CPF).\n  - Or 5% under the [Staggered Downpayment Scheme](https:\/\/blog.moneysmart.sg\/home-loans\/hdb-downpayment-guide\/) (we'll elaborate below)\n  - Or 2.5% under [deferred income assessment](https:\/\/blog.moneysmart.sg\/property\/hdb-housing-schemes-young-couples\/) for students and NSFs (we'll also elaborate below)\n- **Buyers taking out bank loan—**20% (minimum 5% in cash, remaining 15% using CPF savings and\/or cash)\n\nFor those taking out a bank loan, the above scenario is based on a [Loan To Value (LTV) limit](https:\/\/blog.moneysmart.sg\/property\/terms-to-know-when-buying-a-house\/) of 75%. The LTV determines how much you are able to borrow from the bank in order to finance your home purchase.\n\n### Legal fees and stamp duties\nYour legal fees and stamp duty can be paid using a mixture of cash and CPF. The stamp duty rates are as follows:\n\n- First \\$180,000: 1%\n- Next \\$180,000: 2%\n- Next \\$640,000: 3%\n- Next \\$500,000: 4%\n- Next \\$1,500,000: 5%\n- Remaining amount: 6%\n\nUse our handy [stamp duty calculator](https:\/\/www.moneysmart.sg\/home-loan\/stamp-duty-calculator) to figure out how much you'll need to pay.\n\n### Staggered Downpayment Scheme\nIf you’re a couple applying for a BTO for the first time before the younger applicant’s 30th birthday or an existing flat owner downgrading to a 3-room or smaller flat in a non-mature estate, you can apply for the [Staggered Downpayment Scheme](https:\/\/www.hdb.gov.sg\/cs\/infoweb\/residential\/buying-a-flat\/buying-procedure-for-new-flats\/sign-agreement-for-lease?anchor=downpayment#:~:text=The%20Staggered%20Downpayment%20Scheme%20helps,key%20collection%20to%20your%20flat.).\n\nAs the name implies, this allows you to split the downpayment into two payments:\n\n- First payment when signing the lease agreement\n- Second payment when you sign the Terms of Agreement and collect your keys\n\nIf you’re wondering how this differs from the regular downpayment scheme, it lets you push a larger percentage of your downpayment to the day you collect your keys.\n\nFor those taking out a **bank loan**, the following is the breakdown of payment:\n\n- **Downpayment at signing of agreement for lease**: 5% in cash + 5% using CPF OA savings or cash\n- **Payment during collection of keys**: 15% using CPF OA savings or cash\n\nHowever, if you’re taking out an **HDB loan**, the following applies:\n\n- **Downpayment at signing of agreement for lease**: 5% using CPF OA savings or cash\n- **Payment during collection of keys**: 15% using CPF OA savings or cash\n\nNow, all you can do is wait for your BTO flat to be completed. This stage typically takes a few years—I mean, it's called \"build-to-order\" for a reason.\n\n### **Staggered Downpayment Scheme (for young couples)**\nIf you and your boo are NSFs or fresh graduates, you're eligible for deferred income assessment. That means your initial downpayment at the lease agreement signing stage is even lower:\n\n- **Downpayment at signing of agreement for lease**: 2.5% using CPF OA savings or cash\n- **Payment during collection of keys**: 17.5% using CPF OA savings or cash\n\nThat gives you guys more time to pool your savings and get together enough moolah for the remaining 17.5% you need to fork out during key collection. Read more about [HDB housing schemes to help young couples](https:\/\/blog.moneysmart.sg\/property\/hdb-housing-schemes-young-couples\/).\n\n### **Deferred Downpayment Scheme (for seniors)**\nThe DDS is for seniors aged 55 years and above who are downsizing their flats. They should still own their existing flat at the time of application and have booked an uncompleted 3-room or smaller flat in an HDB sales exercise.\n\nBuyers who successfully apply for the DDS will only have to pay stamp duty and legal fees when they sign the Agreement for Lease. They only need to pay the purchase price of the flat upon collection of the keys.\n\n[Back to top](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#top)\n\n## **9\\. BTO key collection day\\!**\nAt some point, HDB will notify you to say that you can pick up the keys to your unit. Hooray\\!\n\n### **Payment during the collection of keys**\nThe day you collect your keys, years later, you’ll have to pay the following:\n\n- **Buyers taking out HDB loan or no loan**: 15% (CPF savings or cash)\n- **Buyers taking out bank loan**: 5% (CPF savings or cash)\n\nFor those taking out a bank loan, the following example is based on an LTV limit of 75%.\n\n### **Selling your old flat and buying a new one**\nIf you already own an existing HDB flat, you must dispose of it within 6 months from your BTO flat completion. To help you out, HDB lets you take out a [Contra Payment Facility](https:\/\/www.hdb.gov.sg\/cs\/infoweb\/residential\/buying-a-flat\/buying-procedure-for-new-flats\/key-collection?anchor=contra) that will enable you to save a bit of money while coordinating the sale of your first flat and the purchase of the new one.\n\nIf you do not intend to take out a loan, you can opt for the [Temporary Loan Scheme](https:\/\/www.hdb.gov.sg\/residential\/buying-a-flat\/buying-procedure-for-new-flats\/key-collection#:~:text=Temporary%20Loan%20Scheme%20\$TLS\$,your%20existing%20flat%20is%20underway.) which will enable you to use the nett proceeds from the sale of your existing flat to pay for your new flat without having to take out a housing loan.\n\nAs a second-time flat buyer, you’ll need to pay a [resale levy](https:\/\/www.hdb.gov.sg\/residential\/buying-a-flat\/conditions-after-buying) when you sell your existing flat to buy a new one. The resale levy will be automatically deducted by the HDB from your sale proceeds. If there is any shortfall, this must be settled in cash.\n\n### **Other things to pay upon key collection**\nWhen you collect the keys, you’ll also be charged the following:\n\n- [**Survey fees**](https:\/\/www.hdb.gov.sg\/residential\/buying-a-flat\/buying-procedure-for-new-flats\/key-collection)—You will need to pay \\$164 to \\$409, depending on flat type, for a surveyor to inspect the condition and value of your flat. This can be paid using CPF savings if you wish.\n\n| Flat Type | Survey Fee (inclusive of GST) |\n|---|---|\n| 2-room Flexi\/ Community Care Apartment | \\$163.50 |\n| 3-room | \\$231.60 |\n| 4-room | \\$299.75 |\n| 5-room | \\$354.25 |\n| Executive | \\$408.75 |\n\n- **Registration fees**—You will have to pay a \\$38.30 registration fee if you are using HDB’s lawyers.\n- **Stamp duty for Deed of Assignment**—This must be paid for anyone taking out a housing loan, and costs 0.40% of the loan amount up to a maximum of \\$500.\n- **Home Protection Scheme (HPS)**—This mortgage-reducing insurance offered by the CPF Board is compulsory for those using CPF savings to repay their home loan. Premiums are to be paid using CPF savings and\/or cash. Use [HDB's HPS calculator](https:\/\/www.cpf.gov.sg\/member\/tools-and-services\/calculators\/home-protection-scheme-premium-calculator) to find out how much you'd need to pay per year.\n- **Fire Insurance**—[Fire insurance](https:\/\/www.hdb.gov.sg\/cs\/infoweb\/residential\/living-in-an-hdb-flat\/fire-insurance) is compulsory for those taking out HDB loan. You must produce your Certificate of Insurance from HDB's appointed insurer, Etiqa, on the day you collect your keys. The premiums range from \\$1.11 for coverage of \\$37,900 for a 1-room Community Care Apartment to \\$6.68 for coverage of \\$176,700 for an Executive or Multi-Generation flat.\n\n|   |   |   |\n|---|---|---|\n| **Flat type** | **Fire insurance premium for 5-year term (includes GST)** | **Sum insured** |\n| 1-Room\/Community Care Apartment | \\$1.11 | \\$37,900 |\n| 2-Room\/2-Room Flexi\/ Studio Apartment | \\$1.99 | \\$57,000 |\n| 3-Room | \\$3.27 | \\$83,300 |\n| 4-Room\/S1 | \\$4.59 | \\$117,000 |\n| 5-Room\/S2\/3Gen | \\$5.43 | \\$144,800 |\n| Executive\/Multi-Generation | \\$6.68 | \\$176,700 |\n\n[Back to top](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#top)\n\n## 10\\. What happens if you can’t sign the Agreement of Lease or collect your keys personally?\nYou can sign an HDB **Power of Attorney (POA)** appointing another person to act on your behalf in specified matters.\n\nFor instance, you might appoint someone to help you sign certain documents such as the Agreement to Lease. This might be necessary if you are not in Singapore on certain dates.\n\nYou need to submit all your POA documents to HDB at least 2 weeks before your appointment, so plan ahead. There's also a good 8 documents (including photocopies) to submit, so get prepared early—read more about the [POA on HDB's website](https:\/\/www.hdb.gov.sg\/cs\/infoweb\/residential\/buying-a-flat\/buying-procedure-for-new-flats\/sign-agreement-for-lease?anchor=poa).\n\n[Back to top](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#top)\n\n**Found this article useful? Share this with fellow homeowners-to-be\\!**\n\n## Related Articles\n[Guide to the HDB Flat Eligibility (HFE) Letter (2025): When You Need It, How to Apply, and More](https:\/\/blog.moneysmart.sg\/property\/hdb-hfe-letter\/)\n\n[HDB Downpayment Guide: How Much Do You Need for BTO, Resale & EC?](https:\/\/blog.moneysmart.sg\/home-loans\/hdb-downpayment-guide\/)\n\n[Breaking Up After Applying For a BTO Flat—How Much Money Do You Lose?](https:\/\/blog.moneysmart.sg\/property\/break-up-bto-application-hdb\/)\n\n[HDB Sale of Balance Flats: Guide to SBF & Open Booking (2025)](https:\/\/blog.moneysmart.sg\/property\/hdb-sales-of-balance-flats\/)\n\n[HDB BTO Jun 2024 Review: Locations, Prices, Site Plans, Expected Application Rates, and More](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-jun-2024-review\/)\n\n[What Is The Additional Buyer’s Stamp Duty (ABSD) “99-1 Loophole” in Singapore and Is It Illegal? (2024)](https:\/\/blog.moneysmart.sg\/property\/absd-tax-loophole\/)\n\nTags: [Featured ,](https:\/\/blog.moneysmart.sg\/tag\/featured\/) [HDB BTO ,](https:\/\/blog.moneysmart.sg\/tag\/hdb-bto\/) [HDB flats ,](https:\/\/blog.moneysmart.sg\/tag\/hdb-flats\/) [Home Loans ,](https:\/\/blog.moneysmart.sg\/tag\/home-loans\/) [Property](https:\/\/blog.moneysmart.sg\/tag\/property\/)\n\n***\n![Joanne Poh]()\n\n## About the author\n### [Joanne Poh](https:\/\/blog.moneysmart.sg\/author\/joannepoh\/)\nIn my previous life, I was a property lawyer who spent most of my time struggling to get out of bed or stuck in peak hour traffic. These days, as a freelance commercial writer, I work in bed, on the beach, in parks and at cafes, all while being really frugal. I like helping other people save money so they can stop living lives they don't like.\n\nPopular Articles\n\n[01Best Fixed Deposit Rates in Singapore (Apr 2026)—Minimum Deposits From \\$500, Rates Up To 1.55%](https:\/\/blog.moneysmart.sg\/fixed-deposits\/best-fixed-deposit-accounts-singapore\/)\n\n[02Taking the Train from SG to JB? The Ultimate Guide to KTM Ticket Prices, Train Schedule, and More (2026)](https:\/\/blog.moneysmart.sg\/travel\/ktm-train-to-jb-guide\/)\n\n[0311 Best Halal Buffets in Singapore (Mar 2026)—Starting From \\$32++](https:\/\/blog.moneysmart.sg\/dining\/halal-buffet-singapore\/)\n\n[04Cheapest SIM-Only Plans in Singapore (Feb 2026)—Circles Life, MyRepublic, Zero1, SIMBA, Maxx & More](https:\/\/blog.moneysmart.sg\/budgeting\/cheapest-sim-only-plans\/)\n\n[05HDB Downpayment Guide: How Much Do You Need for BTO, Resale & EC?](https:\/\/blog.moneysmart.sg\/home-loans\/hdb-downpayment-guide\/)\n\n## Related Articles\n[![what counts as income hdb singapore]()Property What Counts as Income When You’re Buying a Flat in Singapore?](https:\/\/blog.moneysmart.sg\/property\/what-counts-as-income-hdb-singapore\/)\n\n[![hdb renovation and key collection guide]()Property HDB Renovation & Key Collection Guide: 10 Things To Bring When Visiting Your New Flat](https:\/\/blog.moneysmart.sg\/property\/hdb-renovation-guide-key-collection\/)\n\n[![feb 2026 bto review]()Property HDB BTO Feb 2026 Review: Expected Application Rates, Prices, Resale Values, Amenities, and More](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-feb-2026-review\/)\n\n[![How to Select a BTO Unit]()Property How to Select a BTO Unit: 5 Factors to Consider](https:\/\/blog.moneysmart.sg\/property\/bto-unit-selection-guide\/)\n\n[![woman looking at phone]()Property Can You Own Both a Private Property and HDB Flat in Singapore?](https:\/\/blog.moneysmart.sg\/property\/dual-home-ownership\/)\n\n[![Enhanced Housing Grant (EHG)—How Much Do You Get & How Does It Affect Your First HDB Flat Purchase?]()Property Enhanced Housing Grant (EHG)—How Much Do You Get & How Does It Affect Your First HDB Flat Purchase?](https:\/\/blog.moneysmart.sg\/property\/enhanced-housing-grant-ehg\/)\n\n[![how to apply flat as single in singapore guide step by step]()Property How to Apply for an HDB Flat as a Single (and Tips to Get It Right)](https:\/\/blog.moneysmart.sg\/property\/how-to-apply-hdb-flat-as-single-singapore\/)\n\n[![hdb grants for singles in singapore]()Property HDB Grants for Singles: How Much Can You Get in 2025?](https:\/\/blog.moneysmart.sg\/property\/hdb-grants-for-singles-singapore\/)\n## Sign up for our newsletter for financial tips, tricks and exclusive information that can be personalised to your preferences\\!\n\n![MoneySmart Logo](https:\/\/assets.cdn-moneysmart.com\/assets\/cargo\/svg\/w5vwxizv54d1kcnlfsds.svg)\n\n- [About](https:\/\/www.moneysmart.sg\/about-us)\n- [Careers](https:\/\/moneysmart.com\/)\n- [Contact Us](https:\/\/www.moneysmart.sg\/contact-us)\n\n- [Credit Cards](https:\/\/www.moneysmart.sg\/credit-cards)\n- [Insurance](https:\/\/www.moneysmart.sg\/insurance)\n- [Personal Loans](https:\/\/www.moneysmart.sg\/personal-loan)\n\n[Blog](https:\/\/blog.moneysmart.sg\/)\n\n[Budgeting](https:\/\/blog.moneysmart.sg\/category\/budgeting\/)\n\n[Opinion](https:\/\/blog.moneysmart.sg\/category\/opinion\/)\n\n[Invest](https:\/\/blog.moneysmart.sg\/category\/invest\/)\n\nDisclaimer: At MoneySmart, we aim to provide accurate, objective and up-to-date information. The details you see on our site may be different from others. Some content may be compensated through third-party advertisers. However, the results of our comparison tools which are not marked as sponsored are based on objective analysis. All financial products and services are presented without warranty. The list of financial products displayed on this website are not exhaustive.  \n  \nAll content on this blog is created by MoneySmart Singapore for general knowledge and educational purposes only, and does not constitute financial advice. This content is produced separately from MoneySmart Financial, the licensed entity within the MoneySmart Group.\n\nFollow us\n\n© 2009-2026 MoneySmart Singapore Pte Ltd. All rights reserved. Use of this site constitutes acceptance of our [Terms of Use](https:\/\/www.moneysmart.sg\/terms-of-use), [Privacy Policy](https:\/\/www.moneysmart.sg\/privacy-policy) and [Fair Dealing Policy](https:\/\/www.moneysmart.sg\/fair-dealing-policy)","attrs_readable_markdown":"This year, HDB is set to [launch 19,600 Build-to-Order (BTO) flats](https:\/\/www.hdb.gov.sg\/about-us\/news-and-publications\/press-releases\/hdb-to-launch-19600-bto-flats-in-2026). That includes some 4,000 units (about a fifth) with waiting times of under 3 years! It's going to be an exciting year ahead for prospective homeowners.\n\nBut if this is your first BTO application, excitement might quickly give way to intimidation and confusion when you find out how long the process can be. And don't even get us started on the [acronyms](https:\/\/blog.moneysmart.sg\/property\/terms-to-know-when-buying-a-house\/) that can make you want to tear your hair out.\n\nRegardless of where you are in your home ownership journey, don’t fret—you’re not alone. In our comprehensive guide, we will delve into the various steps involved in purchasing an HDB BTO flat in Singapore, covering everything from determining your eligibility to the application process to your considering your financing options.\n\nBy the end of this guide, you should have a clear understanding of what it takes to navigate the HDB BTO flat-buying process and make an informed decision that suits your needs and preferences.\n***\n**Check out our review of the latest HDB BTO sales launch**: **[HDB BTO Feb 2026 Review—Locations, Application Rates, Prices, and More](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-feb-2026-review\/)**\n***\n**Watch:** Buying an HDB BTO in Singapore—from Flat Application to Key Collection\n\n## **1\\.** Timeline and steps to buying an HDB BTO flat in Singapore\nSo, what steps need to happen to get a BTO flat? And how long does each stage of the HDB BTO process takes? The timeline below shows every key step, so you know exactly what to expect from eligibility checks to key collection. Use it for a quick snapshot before you dive into the details.\n\n|   |   |   |   |\n|---|---|---|---|\n| **Step** | **What to do** | **When to do it** | **Documents required** |\n| **Check eligibility** | **Apply for an HDB Flat Eligibility (HFE) letter.** This letter not only lets you apply for a flat, but also tells you if you’re eligible to buy one, apply for grants, and take up a loan. | Apply **by the 15th, at least 2 months before** the BTO launch month. For example, if the BTO launch is in Feb 2026, apply for your HFE letter by 15 Dec 2025. | Apply via Singpass. |\n| **Apply online** | **Apply for a flat** on the HDB Flat Portal. It [costs **\\$10** per application](https:\/\/www.hdb.gov.sg\/residential\/buying-a-flat\/buying-procedure-for-new-flats\/application). | During the sales launch. The window will be open for **1 week**. | You must have a valid HFE letter to apply for a BTO flat. |\n| **Get ballot results** | Look out for an email from HDB—it’ll tell you your ballot results. | Up to **2 months** after applications close. | – |\n| **Book a flat** | **Book a flat** based on your queue position at HDB Hub. You’ll need to pay the [**option fee**](https:\/\/www.hdb.gov.sg\/residential\/buying-a-flat\/buying-procedure-for-new-flats\/booking-of-flat):  – 4-room and bigger: **\\$2,000**  – 3-room: **\\$1,000**  – 2-room Flexi: **\\$500** | – BTO and SBF: From **4 weeks** after ballot results.  – Open booking: As early as the next working day | – Identity Cards (ICs)^ of all listed applicants\/ occupants   – Passport for non-residents  You may also need: birth certificate(s) of your child(ren), marriage certificate, divorce certificate, doctor's certification of pregnancy, or others. [Read more](https:\/\/www.hdb.gov.sg\/residential\/buying-a-flat\/buying-procedure-for-new-flats\/booking-of-flat). |\n| **Sign agreement for lease** | Pay [downpayment](https:\/\/blog.moneysmart.sg\/home-loans\/hdb-downpayment-guide\/). Ensure you have a valid Letter of Offer if taking a bank loan. | Within **9 months** after booking a flat. | – Identity Cards (ICs)^ of all listed applicants\/ occupants  – Passport for non-residents – Birth certificate(s) of your child(ren)  [Read more](https:\/\/www.hdb.gov.sg\/residential\/buying-a-flat\/buying-procedure-for-new-flats\/sign-agreement-for-lease). |\n| **Collect keys** | Pay the balance purchase price and collect your keys. | – BTO: Waiting time varies.  – SBF\/open booking (flats under construction): Collect keys when completed.  – SBF\/open booking (completed flats): Collect keys when you sign the Agreement for Lease. | – Identity Cards (ICs)^ of all listed applicants\/ occupants  – Certificate of Insurance for fire insurance  – Singpass  – Power of Attorney, if applicable  [Read more](https:\/\/www.hdb.gov.sg\/residential\/buying-a-flat\/buying-procedure-for-new-flats\/key-collection). |\n\n[Back to top](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#top)\n\n## **2\\. Are you eligible for HDB BTO?**\nTo buy an HDB BTO flat, you’ve got to first check if you're eligible. Otherwise, the government is going to slam the door in your face.\n\nYou must be at least 21 years old and satisfy one of the following in order to purchase a BTO flat:\n\n- **Fiancé and fiancée**: At least 1 of you is a Singapore Citizen, and the other is a Singapore Citizen or PR. Be prepared to register your marriage before taking possession of your flat if applying for additional or Enhanced CPF Housing Grant or within 3 months of taking possession of flat.\n- **Married couples and\/ or parent(s) with child(ren)**: You are a Singapore Citizen, applying with at least 1 other Singapore Citizen or PR as a family nucleus. This means you are applying with:\n  - Spouse and kids (if any); OR\n  - Parents and siblings (if any), and if you're unmarried\/ widowed\/ divorced, at least one of your parents is a Singapore Citizen\/PR; OR\n  - Your child(ren) under your legal custody (only for widowed\/divorced applicants).\n- **Multi-generation families**: You are a Singapore Citizen, and are applying with your spouse and parents. Aside from you, at least 1 other applicant must be a Singapore Citizen or PR. This sounds like the \"married couple with parents\" eligibility condition above, but the difference is that under this scheme you'll be eligible for a **3Gen flat**.\n- **Orphaned siblings**: You and your siblings are orphans and single (unmarried, divorced, or widowed) and at least 1 of your deceased parents was a Singapore Citizen or PR.\n- **Families with non-residents**: You are a Singapore Citizen applying with your non-resident spouse who holds a valid Visit Pass or Work Pass that can have any validity period. If you apply with your non-resident parents or child(ren), you'll only be eligible to buy a resale flat and not a new flat like a BTO.\n- **Seniors**: You are a Singapore citizen aged 55 and above. You can also apply with your fiancé\/ fiancée or spouse, parent(s) or child(ren), siblings who are orphans and single, your non-resident spouse, or unrelated single citizens. With the exception of your non-resident spouse, the others you apply with must be a Singapore Citizen\/PR. Under this scheme, you can buy a **short-lease 2-room Flexi flat** or **Community Care Apartment**.\n- **Singles**: You are a single Singapore Citizen aged 35 and older applying alone OR with up to 3 other singles, of which at least 1 must be a Singapore Citizen\/PR. Note that you'll only be eligible for 2-room flats, but they can be in any location.\n\nRead more about HDB's eligibility requirements when you apply as a [couple or family](https:\/\/www.hdb.gov.sg\/residential\/buying-a-flat\/understanding-your-eligibility-and-housing-loan-options\/flat-and-grant-eligibility\/couples-and-families), [senior](https:\/\/www.hdb.gov.sg\/residential\/buying-a-flat\/understanding-your-eligibility-and-housing-loan-options\/flat-and-grant-eligibility\/seniors), or as a [single](https:\/\/www.hdb.gov.sg\/residential\/buying-a-flat\/understanding-your-eligibility-and-housing-loan-options\/flat-and-grant-eligibility\/singles).\n***\n**ALSO READ**: [Can Singles Buy an HDB Flat in Singapore? Here’s What You Need to Know](https:\/\/blog.moneysmart.sg\/property\/hdb-eligibility-singles-scheme-singapore\/)\n***\nIn addition, you’ll have to ensure you’re not making too much money to qualify for the flat you’re eyeing. Here are the **[income ceilings for the various types of flats](https:\/\/www.hdb.gov.sg\/cs\/infoweb\/-\/media\/doc\/PressReleases\/corp-pr10092019annex-c.ashx)**:\n\n- **2-room Flexi flat**: \\$7,000; or \\$14,000 for short-lease flats (max 45-year lease)\n- **3-room flat**: \\$7,000; or \\$14,000 depending on which project you’re balloting for. Check the sales launch to know the exact income ceiling.\n- **4-room flat or bigger**: \\$14,000; or \\$21,000 if you’re purchasing the flat as an extended or multi-generation family.\n\nNote that your children included as co-applicants or occupiers also contribute to the total household income if they're earning an income. Include their salaries when you're adding things up to make sure you don't bust that [income ceiling as an extended family](https:\/\/www.hdb.gov.sg\/-\/media\/doc\/EAPG\/Income-ceiling-for-extended-family.ashx).\n\nYou (and anyone else in your BTO application) **must also not own any other property**, HDB or private, locally or overseas.\n\n- If you currently own **private property**, you’ll need to sell off your property **at least 30 months** before you apply for the [HFE letter](https:\/\/blog.moneysmart.sg\/property\/hdb-hfe-letter\/), which you in turn should apply for before you apply for your BTO.\n- If you currently own an **HDB flat**, you must dispose of the flat **within 6 months** of the completion of your BTO flat.\n\n[Back to top](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#top)\n\n## 3\\. Apply for an HDB Flat Eligibility (HFE) letter\nIn 2023, the government introduced a new step to the BTO process—the application of the [HFE Letter](https:\/\/blog.moneysmart.sg\/property\/hdb-hfe-letter\/).\n\nEven before you start searching the web for new launches, HDB now requires you to first apply for an HDB Flat Eligibility (HFE) letter through the [HDB Flat Portal](https:\/\/www.hdb.gov.sg\/cs\/infoweb\/homepage). You will need your Singpass to sign in.\n\nThis letter will set out whether you are eligible to buy a flat, apply for the Enhanced CPF Housing Grant and take up an HDB or bank loan. In other words, it will mine your data and tell you most of what you need to know.\n\nYou cannot escape applying for the HFE Letter even if you already have all the necessary information. Without it, you cannot even apply for a flat.\n\nIt will take about **1 month** for the HFE Letter to be issued after receipt of your application and supporting documents. It may be longer during peak periods, so applying earlier is safer. Once you get your hands on it, the HFE Letter is **valid for 9 months** from the date of issue.\n\nBottom line: Once you (and your fiancé\/family, if applicable) decide you want to try for a flat, you should apply for the HFE Letter as soon as you can. It's better to have it ready rather than wait until a launch you are interested in rolls around.\n\n**The HFE Letter is not to be confused with the now-defunct HDB Loan Eligibility (HLE) Letter, which was meant solely for those taking out an HDB Housing Loan.** The HLE Letter was meant to be applied for AFTER balloting for a flat, and only those taking out an HDB loan had to apply.\n\nThe HFE Letter now replaces the HLE Letter. But do note that **every single applicant, regardless of loan, needs to apply for the HFE Letter BEFORE balloting.**\n\n[Back to top](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#top)\n\n## 4\\. Look out for sales launches\nFirst, you’ll have to [check the HDB website regularly](https:\/\/homes.hdb.gov.sg\/home\/landing) for news of upcoming sales launches. To make life easier, sign up for [HDB’s eAlert Service](https:\/\/services2.hdb.gov.sg\/webapp\/BF08CESS\/MainController?action=new) so you can be notified of upcoming launches.\n\nHDB typically announces upcoming BTO projects **at least 3 months prior to their launch**. This should give you ample time to plan for the location you want.\n\nAlthough HDB does announce information like the locations, number of projects and flat types in upcoming launches months early, details like their **prices**, **flat classification** (Standard, Plus, Prime), and **subsidy clawbacks** will only be confirmed when applications open (i.e. when the launch, well, *launches*).\n\nThat said, we can make good guesses on how much certain projects would cost and what classification they would fall under. We do this by looking at their locations and referencing past launches. That's exactly what we did for our [Feb 2026 BTO review](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-feb-2026-review\/)—check it out.\n\n[Back to top](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#top)\n\n## **5\\. Ballot for your BTO**\nWhen you see a launch in an area that interests you, pay a **non-refundable** **\\$10 application fee** to ballot for it during the BTO application window.\n\nIf you thought striking Toto was hard, try balloting for an HDB flat. How many tries it takes you to get a flat depends on your luck. While some people get it on the first or second try, we’ve heard of cases where couples tried more than 10 times to no avail.\n\nExpect to wait **a maximum of 2 months** to know if you are successful or not.\n\nSee HDB's website for more details on the [HDB BTO application timeline and process](https:\/\/www.hdb.gov.sg\/residential\/buying-a-flat\/buying-procedure-for-new-flats\/timeline).\n\n[Back to top](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#top)\n\n## 6\\. Get an HDB Loan…or AIP if you’re taking out a bank loan\nFinally! The heavens smile upon you and you receive a decent queue number. After buying 4D on your lucky day, what’s next?\n\nBefore you progress to the next stage and sign your life away, it’s worthwhile to plan your finances using this [helpful HDB tool](https:\/\/homes.hdb.gov.sg\/home\/calculator\/budget).\n\nA crucial part of the financing process is to decide on whom to get your home loan from. You have a choice between taking out an [HDB loan vs bank loan](https:\/\/blog.moneysmart.sg\/home-loans\/bank-loan-vs-hdb-loan-which-is-better\/).\n\nFirst-timers typically go for an HDB loan since the downpayment amount that HDB requires is less. But if you’re savvy and have enough savings, you can usually opt for a bank loan to get lower interest rates—we say \"usually\" because interest rates for housing loans are currently higher than HDB loans.\n\nHere's a pro tip the HDB staff told me when I was booking my own BTO: **Choose an HDB loan first if you're unsure.** You can later switch from an HDB loan to a bank loan, but cannot switch from a bank loan to an HDB loan.\n\nEither way, you’ll need to get some kind of loan approval in principal BEFORE you *chope* the flat. You’ll need to have all your loan documents in order to sign the lease agreement.\n\n- **HDB loan**: You would already have obtained your HFE Letter before you applied for the flat, so there’s no further action needed here. The letter will tell you how much money HDB is willing to loan you.\n- **Bank loan**: You would have concurrently applied for in-principle approval (AIP) from the bank with your HFE letter application.\n\nWith the new HFE letter, applicants should have worked out their financing options ahead of time—even before you applied for your BTO. So you would know what your options are.\n\n[Back to top](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#top)\n\n## 7\\. Book your BTO flat and pay option fee\nYou’ll get called in to select a unit from **4 weeks** after the release of the ballot results.\n\nYour queue number will determine your priority in choosing a unit. The number of people allotted queue numbers will exceed the number of units, so if your queue number is way out there, chances are you won’t be able to get your hands on a unit and will have to ballot again.\n\nWhen it comes time to show up at HDB Hub to book your flat, don’t forget to bring along your **IC** for identity verification. You may also need the following documents:\n\n|   |   |\n|---|---|\n| **Scenario** | **Document required** |\n| You are married | Marriage certificate |\n| You are divorced | Divorce certificate |\n| Your spouse is deceased | Death certificate of spouse |\n| You are buying a flat under the Family Care Scheme (FCS) (Joint Balloting) or FCS (Proximity) | Your birth certificate and your parents' marriage certificate |\n| You have applied for a flat under the Family and Parenthood Priority Scheme (FPPS) | A doctor's certification of pregnancy or your child's birth certificate |\n\nOnce you’ve selected your unit, start the purchase process by paying the **option fee** on the spot. By securing the **Option to Purchase (OTP)**, you get the right to purchase your flat.\n\nThe amount which you have to pay depends on your flat type. Note that payment can only be made via NETS.\n\n- \\$500 for 2-room flexi flats\n- \\$1,000 for 3-room flats\n- \\$2,000 for 4 room or larger flats\n\n![Option to Purchase Option Fee](https:\/\/blog-cdn.moneysmart.sg\/wp-content\/uploads\/2017\/11\/StepbyStep-BTO-v1_5.png)\n\nYou will also apply for your CPF housing grants at this point. Make sure you [download the application forms for Enhanced CPF Housing Grant](https:\/\/www.hdb.gov.sg\/-\/media\/doc\/EAPG\/ehg-form.pdf) and bring them along to your flat booking appointment.\n***\n**ALSO READ**: [HDB Grants Guide: What’s the Max CPF Housing Grant You Can Get?](https:\/\/blog.moneysmart.sg\/property\/hdb-cpf-housing-grant-guide\/)\n***\n[Back to top](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#top)\n\n## 8\\. Sign BTO lease agreement, pay downpayment\nIn the past, you’d have to make a trip back to HDB Hub to sign the lease agreement within 4 months of booking a flat. But now, the wait between flat booking and signing the lease agreement can be up to **9 months**.\n\nMake sure you’ve gotten your HDB loan or bank loan arrangements in order by that time.\n\nOn the day you sign the lease agreement, you’ll have to fork out the downpayment, as well as stamp duties and legal fees.\n\n### Downpayment at the signing of Agreement for Lease\nYou must make a portion of your [downpayment](https:\/\/blog.moneysmart.sg\/home-loans\/hdb-downpayment-guide\/) on the day you sign the lease at HDB Hub. You'll pay the rest of your downpayment during key collection.\n\nHow much your downpayment at the signing of your lease agreement will be depends on whether you’re taking out an HDB or a bank loan.\n\n- **Buyers taking out HDB loan or no loan—**10% of the purchase price (Cash and\/or CPF).\n  - Or 5% under the [Staggered Downpayment Scheme](https:\/\/blog.moneysmart.sg\/home-loans\/hdb-downpayment-guide\/) (we'll elaborate below)\n  - Or 2.5% under [deferred income assessment](https:\/\/blog.moneysmart.sg\/property\/hdb-housing-schemes-young-couples\/) for students and NSFs (we'll also elaborate below)\n- **Buyers taking out bank loan—**20% (minimum 5% in cash, remaining 15% using CPF savings and\/or cash)\n\nFor those taking out a bank loan, the above scenario is based on a [Loan To Value (LTV) limit](https:\/\/blog.moneysmart.sg\/property\/terms-to-know-when-buying-a-house\/) of 75%. The LTV determines how much you are able to borrow from the bank in order to finance your home purchase.\n\n### Legal fees and stamp duties\nYour legal fees and stamp duty can be paid using a mixture of cash and CPF. The stamp duty rates are as follows:\n\n- First \\$180,000: 1%\n- Next \\$180,000: 2%\n- Next \\$640,000: 3%\n- Next \\$500,000: 4%\n- Next \\$1,500,000: 5%\n- Remaining amount: 6%\n\nUse our handy [stamp duty calculator](https:\/\/www.moneysmart.sg\/home-loan\/stamp-duty-calculator) to figure out how much you'll need to pay.\n\n### Staggered Downpayment Scheme\nIf you’re a couple applying for a BTO for the first time before the younger applicant’s 30th birthday or an existing flat owner downgrading to a 3-room or smaller flat in a non-mature estate, you can apply for the [Staggered Downpayment Scheme](https:\/\/www.hdb.gov.sg\/cs\/infoweb\/residential\/buying-a-flat\/buying-procedure-for-new-flats\/sign-agreement-for-lease?anchor=downpayment#:~:text=The%20Staggered%20Downpayment%20Scheme%20helps,key%20collection%20to%20your%20flat.).\n\nAs the name implies, this allows you to split the downpayment into two payments:\n\n- First payment when signing the lease agreement\n- Second payment when you sign the Terms of Agreement and collect your keys\n\nIf you’re wondering how this differs from the regular downpayment scheme, it lets you push a larger percentage of your downpayment to the day you collect your keys.\n\nFor those taking out a **bank loan**, the following is the breakdown of payment:\n\n- **Downpayment at signing of agreement for lease**: 5% in cash + 5% using CPF OA savings or cash\n- **Payment during collection of keys**: 15% using CPF OA savings or cash\n\nHowever, if you’re taking out an **HDB loan**, the following applies:\n\n- **Downpayment at signing of agreement for lease**: 5% using CPF OA savings or cash\n- **Payment during collection of keys**: 15% using CPF OA savings or cash\n\nNow, all you can do is wait for your BTO flat to be completed. This stage typically takes a few years—I mean, it's called \"build-to-order\" for a reason.\n\n### **Staggered Downpayment Scheme (for young couples)**\nIf you and your boo are NSFs or fresh graduates, you're eligible for deferred income assessment. That means your initial downpayment at the lease agreement signing stage is even lower:\n\n- **Downpayment at signing of agreement for lease**: 2.5% using CPF OA savings or cash\n- **Payment during collection of keys**: 17.5% using CPF OA savings or cash\n\nThat gives you guys more time to pool your savings and get together enough moolah for the remaining 17.5% you need to fork out during key collection. Read more about [HDB housing schemes to help young couples](https:\/\/blog.moneysmart.sg\/property\/hdb-housing-schemes-young-couples\/).\n\n### **Deferred Downpayment Scheme (for seniors)**\nThe DDS is for seniors aged 55 years and above who are downsizing their flats. They should still own their existing flat at the time of application and have booked an uncompleted 3-room or smaller flat in an HDB sales exercise.\n\nBuyers who successfully apply for the DDS will only have to pay stamp duty and legal fees when they sign the Agreement for Lease. They only need to pay the purchase price of the flat upon collection of the keys.\n\n[Back to top](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#top)\n\n## **9\\. BTO key collection day\\!**\nAt some point, HDB will notify you to say that you can pick up the keys to your unit. Hooray\\!\n\n### **Payment during the collection of keys**\nThe day you collect your keys, years later, you’ll have to pay the following:\n\n- **Buyers taking out HDB loan or no loan**: 15% (CPF savings or cash)\n- **Buyers taking out bank loan**: 5% (CPF savings or cash)\n\nFor those taking out a bank loan, the following example is based on an LTV limit of 75%.\n\n### **Selling your old flat and buying a new one**\nIf you already own an existing HDB flat, you must dispose of it within 6 months from your BTO flat completion. To help you out, HDB lets you take out a [Contra Payment Facility](https:\/\/www.hdb.gov.sg\/cs\/infoweb\/residential\/buying-a-flat\/buying-procedure-for-new-flats\/key-collection?anchor=contra) that will enable you to save a bit of money while coordinating the sale of your first flat and the purchase of the new one.\n\nIf you do not intend to take out a loan, you can opt for the [Temporary Loan Scheme](https:\/\/www.hdb.gov.sg\/residential\/buying-a-flat\/buying-procedure-for-new-flats\/key-collection#:~:text=Temporary%20Loan%20Scheme%20\$TLS\$,your%20existing%20flat%20is%20underway.) which will enable you to use the nett proceeds from the sale of your existing flat to pay for your new flat without having to take out a housing loan.\n\nAs a second-time flat buyer, you’ll need to pay a [resale levy](https:\/\/www.hdb.gov.sg\/residential\/buying-a-flat\/conditions-after-buying) when you sell your existing flat to buy a new one. The resale levy will be automatically deducted by the HDB from your sale proceeds. If there is any shortfall, this must be settled in cash.\n\n### **Other things to pay upon key collection**\nWhen you collect the keys, you’ll also be charged the following:\n\n- [**Survey fees**](https:\/\/www.hdb.gov.sg\/residential\/buying-a-flat\/buying-procedure-for-new-flats\/key-collection)—You will need to pay \\$164 to \\$409, depending on flat type, for a surveyor to inspect the condition and value of your flat. This can be paid using CPF savings if you wish.\n\n| Flat Type | Survey Fee (inclusive of GST) |\n|---|---|\n| 2-room Flexi\/ Community Care Apartment | \\$163.50 |\n| 3-room | \\$231.60 |\n| 4-room | \\$299.75 |\n| 5-room | \\$354.25 |\n| Executive | \\$408.75 |\n\n- **Registration fees**—You will have to pay a \\$38.30 registration fee if you are using HDB’s lawyers.\n- **Stamp duty for Deed of Assignment**—This must be paid for anyone taking out a housing loan, and costs 0.40% of the loan amount up to a maximum of \\$500.\n- **Home Protection Scheme (HPS)**—This mortgage-reducing insurance offered by the CPF Board is compulsory for those using CPF savings to repay their home loan. Premiums are to be paid using CPF savings and\/or cash. Use [HDB's HPS calculator](https:\/\/www.cpf.gov.sg\/member\/tools-and-services\/calculators\/home-protection-scheme-premium-calculator) to find out how much you'd need to pay per year.\n- **Fire Insurance**—[Fire insurance](https:\/\/www.hdb.gov.sg\/cs\/infoweb\/residential\/living-in-an-hdb-flat\/fire-insurance) is compulsory for those taking out HDB loan. You must produce your Certificate of Insurance from HDB's appointed insurer, Etiqa, on the day you collect your keys. The premiums range from \\$1.11 for coverage of \\$37,900 for a 1-room Community Care Apartment to \\$6.68 for coverage of \\$176,700 for an Executive or Multi-Generation flat.\n\n|   |   |   |\n|---|---|---|\n| **Flat type** | **Fire insurance premium for 5-year term (includes GST)** | **Sum insured** |\n| 1-Room\/Community Care Apartment | \\$1.11 | \\$37,900 |\n| 2-Room\/2-Room Flexi\/ Studio Apartment | \\$1.99 | \\$57,000 |\n| 3-Room | \\$3.27 | \\$83,300 |\n| 4-Room\/S1 | \\$4.59 | \\$117,000 |\n| 5-Room\/S2\/3Gen | \\$5.43 | \\$144,800 |\n| Executive\/Multi-Generation | \\$6.68 | \\$176,700 |\n\n[Back to top](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#top)\n\n## 10\\. What happens if you can’t sign the Agreement of Lease or collect your keys personally?\nYou can sign an HDB **Power of Attorney (POA)** appointing another person to act on your behalf in specified matters.\n\nFor instance, you might appoint someone to help you sign certain documents such as the Agreement to Lease. This might be necessary if you are not in Singapore on certain dates.\n\nYou need to submit all your POA documents to HDB at least 2 weeks before your appointment, so plan ahead. There's also a good 8 documents (including photocopies) to submit, so get prepared early—read more about the [POA on HDB's website](https:\/\/www.hdb.gov.sg\/cs\/infoweb\/residential\/buying-a-flat\/buying-procedure-for-new-flats\/sign-agreement-for-lease?anchor=poa).\n\n[Back to top](https:\/\/blog.moneysmart.sg\/property\/hdb-bto-flat-guide\/#top)\n\n**Found this article useful? Share this with fellow homeowners-to-be\\!**","meta_canonical":null}

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Meta Title	Buying an HDB BTO Flat in Singapore: A Step-By-Step Guide (2026)
Meta Description	Buying an HDB BTO flat is practically a rite of passage for Singaporeans. Here’s a step-by-step guide to your first BTO application and buying your flat.
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Boilerpipe Text	This year, HDB is set to launch 19,600 Build-to-Order (BTO) flats . That includes some 4,000 units (about a fifth) with waiting times of under 3 years! It's going to be an exciting year ahead for prospective homeowners. But i f this is your first BTO application, excitement might quickly give way to intimidation and confusion when you find out how long the process can be. And don't even get us started on the acronyms that can make you want to tear your hair out. Regardless of where you are in your home ownership journey, don’t fret—you’re not alone. In our comprehensive guide, we will delve into the various steps involved in purchasing an HDB BTO flat in Singapore, covering everything from determining your eligibility to the application process to your considering your financing options. By the end of this guide, you should have a clear understanding of what it takes to navigate the HDB BTO flat-buying process and make an informed decision that suits your needs and preferences. Check out our review of the latest HDB BTO sales launch : HDB BTO Feb 2026 Review—Locations, Application Rates, Prices, and More Watch: Buying an HDB BTO in Singapore—from Flat Application to Key Collection 1. Timeline and steps to buying an HDB BTO flat in Singapore So, what steps need to happen to get a BTO flat? And how long does each stage of the HDB BTO process takes? The timeline below shows every key step, so you know exactly what to expect from eligibility checks to key collection. Use it for a quick snapshot before you dive into the details. Step What to do When to do it Documents required Check eligibility Apply for an HDB Flat Eligibility (HFE) letter. This letter not only lets you apply for a flat, but also tells you if you’re eligible to buy one, apply for grants, and take up a loan. Apply by the 15th, at least 2 months before the BTO launch month. For example, if the BTO launch is in Feb 2026, apply for your HFE letter by 15 Dec 2025. Apply via Singpass. Apply online Apply for a flat on the HDB Flat Portal. It costs $10 per application . During the sales launch. The window will be open for 1 week . You must have a valid HFE letter to apply for a BTO flat. Get ballot results Look out for an email from HDB—it’ll tell you your ballot results. Up to 2 months after applications close. – Book a flat Book a flat based on your queue position at HDB Hub. You’ll need to pay the option fee : – 4-room and bigger: $2,000 – 3-room: $1,000 – 2-room Flexi: $500 – BTO and SBF: From 4 weeks after ballot results. – Open booking: As early as the next working day – Identity Cards (ICs)^ of all listed applicants/ occupants – Passport for non-residents You may also need: birth certificate(s) of your child(ren), marriage certificate, divorce certificate, doctor's certification of pregnancy, or others. Read more . Sign agreement for lease Pay downpayment . Ensure you have a valid Letter of Offer if taking a bank loan. Within 9 months after booking a flat. – Identity Cards (ICs)^ of all listed applicants/ occupants – Passport for non-residents – Birth certificate(s) of your child(ren) Read more . Collect keys Pay the balance purchase price and collect your keys. – BTO: Waiting time varies. – SBF/open booking (flats under construction): Collect keys when completed. – SBF/open booking (completed flats): Collect keys when you sign the Agreement for Lease. – Identity Cards (ICs)^ of all listed applicants/ occupants – Certificate of Insurance for fire insurance – Singpass – Power of Attorney, if applicable Read more . Back to top 2. Are you eligible for HDB BTO? To buy an HDB BTO flat, you’ve got to first check if you're eligible. Otherwise, the government is going to slam the door in your face. You must be at least 21 years old and satisfy one of the following in order to purchase a BTO flat: Fiancé and fiancée : At least 1 of you is a Singapore Citizen, and the other is a Singapore Citizen or PR. Be prepared to register your marriage before taking possession of your flat if applying for additional or Enhanced CPF Housing Grant or within 3 months of taking possession of flat. Married couples and/ or parent(s) with child(ren) : You are a Singapore Citizen, applying with at least 1 other Singapore Citizen or PR as a family nucleus. This means you are applying with: Spouse and kids (if any); OR Parents and siblings (if any), and if you're unmarried/ widowed/ divorced, at least one of your parents is a Singapore Citizen/PR; OR Your child(ren) under your legal custody (only for widowed/divorced applicants). Multi-generation families : You are a Singapore Citizen, and are applying with your spouse and parents. Aside from you, at least 1 other applicant must be a Singapore Citizen or PR. This sounds like the "married couple with parents" eligibility condition above, but the difference is that under this scheme you'll be eligible for a 3Gen flat . Orphaned siblings : You and your siblings are orphans and single (unmarried, divorced, or widowed) and at least 1 of your deceased parents was a Singapore Citizen or PR. Families with non-residents : You are a Singapore Citizen applying with your non-resident spouse who holds a valid Visit Pass or Work Pass that can have any validity period. If you apply with your non-resident parents or child(ren), you'll only be eligible to buy a resale flat and not a new flat like a BTO. Seniors : You are a Singapore citizen aged 55 and above. You can also apply with your fiancé/ fiancée or spouse, parent(s) or child(ren), siblings who are orphans and single, your non-resident spouse, or unrelated single citizens. With the exception of your non-resident spouse, the others you apply with must be a Singapore Citizen/PR. Under this scheme, you can buy a short-lease 2-room Flexi flat or Community Care Apartment . Singles : You are a single Singapore Citizen aged 35 and older applying alone OR with up to 3 other singles, of which at least 1 must be a Singapore Citizen/PR. Note that you'll only be eligible for 2-room flats, but they can be in any location. Read more about HDB's eligibility requirements when you apply as a couple or family , senior , or as a single . ALSO READ : Can Singles Buy an HDB Flat in Singapore? Here’s What You Need to Know In addition, you’ll have to ensure you’re not making too much money to qualify for the flat you’re eyeing. Here are the income ceilings for the various types of flats : 2-room Flexi flat : $7,000; or $14,000 for short-lease flats (max 45-year lease) 3-room flat : $7,000; or $14,000 depending on which project you’re balloting for. Check the sales launch to know the exact income ceiling. 4-room flat or bigger : $14,000; or $21,000 if you’re purchasing the flat as an extended or multi-generation family. Note that your children included as co-applicants or occupiers also contribute to the total household income if they're earning an income. Include their salaries when you're adding things up to make sure you don't bust that income ceiling as an extended family . You (and anyone else in your BTO application) must also not own any other property , HDB or private, locally or overseas. If you currently own private property , you’ll need to sell off your property at least 30 months before you apply for the HFE letter , which you in turn should apply for before you apply for your BTO. If you currently own an HDB flat , you must dispose of the flat within 6 months of the completion of your BTO flat. Back to top 3. Apply for an HDB Flat Eligibility (HFE) letter In 2023, the government introduced a new step to the BTO process—the application of the HFE Letter . Even before you start searching the web for new launches, HDB now requires you to first apply for an HDB Flat Eligibility (HFE) letter through the HDB Flat Portal . You will need your Singpass to sign in. This letter will set out whether you are eligible to buy a flat, apply for the Enhanced CPF Housing Grant and take up an HDB or bank loan. In other words, it will mine your data and tell you most of what you need to know. You cannot escape applying for the HFE Letter even if you already have all the necessary information. Without it, you cannot even apply for a flat. It will take about 1 month for the HFE Letter to be issued after receipt of your application and supporting documents. It may be longer during peak periods, so applying earlier is safer. Once you get your hands on it, the HFE Letter is valid for 9 months from the date of issue. Bottom line: Once you (and your fiancé/family, if applicable) decide you want to try for a flat, you should apply for the HFE Letter as soon as you can. It's better to have it ready rather than wait until a launch you are interested in rolls around. The HFE Letter is not to be confused with the now-defunct HDB Loan Eligibility (HLE) Letter, which was meant solely for those taking out an HDB Housing Loan. The HLE Letter was meant to be applied for AFTER balloting for a flat, and only those taking out an HDB loan had to apply. The HFE Letter now replaces the HLE Letter. But do note that every single applicant, regardless of loan, needs to apply for the HFE Letter BEFORE balloting. Back to top 4. Look out for sales launches First, you’ll have to check the HDB website regularly for news of upcoming sales launches. To make life easier, sign up for HDB’s eAlert Service so you can be notified of upcoming launches. HDB typically announces upcoming BTO projects at least 3 months prior to their launch . This should give you ample time to plan for the location you want. Although HDB does announce information like the locations, number of projects and flat types in upcoming launches months early, details like their prices , flat classification (Standard, Plus, Prime), and subsidy clawbacks will only be confirmed when applications open (i.e. when the launch, well, launches ). That said, we can make good guesses on how much certain projects would cost and what classification they would fall under. We do this by looking at their locations and referencing past launches. That's exactly what we did for our Feb 2026 BTO review —check it out. Back to top 5. Ballot for your BTO When you see a launch in an area that interests you, pay a non-refundable $10 application fee to ballot for it during the BTO application window. If you thought striking Toto was hard, try balloting for an HDB flat. How many tries it takes you to get a flat depends on your luck. While some people get it on the first or second try, we’ve heard of cases where couples tried more than 10 times to no avail. Expect to wait a maximum of 2 months to know if you are successful or not. See HDB's website for more details on the HDB BTO application timeline and process . Back to top 6. Get an HDB Loan…or AIP if you’re taking out a bank loan Finally! The heavens smile upon you and you receive a decent queue number. After buying 4D on your lucky day, what’s next? Before you progress to the next stage and sign your life away, it’s worthwhile to plan your finances using this helpful HDB tool . A crucial part of the financing process is to decide on whom to get your home loan from. You have a choice between taking out an HDB loan vs bank loan . First-timers typically go for an HDB loan since the downpayment amount that HDB requires is less. But if you’re savvy and have enough savings, you can usually opt for a bank loan to get lower interest rates—we say "usually" because interest rates for housing loans are currently higher than HDB loans. Here's a pro tip the HDB staff told me when I was booking my own BTO: Choose an HDB loan first if you're unsure. You can later switch from an HDB loan to a bank loan, but cannot switch from a bank loan to an HDB loan. Either way, you’ll need to get some kind of loan approval in principal BEFORE you chope the flat. You’ll need to have all your loan documents in order to sign the lease agreement. HDB loan : You would already have obtained your HFE Letter before you applied for the flat, so there’s no further action needed here. The letter will tell you how much money HDB is willing to loan you. Bank loan : You would have concurrently applied for in-principle approval (AIP) from the bank with your HFE letter application. With the new HFE letter, applicants should have worked out their financing options ahead of time—even before you applied for your BTO. So you would know what your options are. Back to top 7. Book your BTO flat and pay option fee You’ll get called in to select a unit from 4 weeks after the release of the ballot results. Your queue number will determine your priority in choosing a unit. The number of people allotted queue numbers will exceed the number of units, so if your queue number is way out there, chances are you won’t be able to get your hands on a unit and will have to ballot again. When it comes time to show up at HDB Hub to book your flat, don’t forget to bring along your IC for identity verification. You may also need the following documents: Scenario Document required You are married Marriage certificate You are divorced Divorce certificate Your spouse is deceased Death certificate of spouse You are buying a flat under the Family Care Scheme (FCS) (Joint Balloting) or FCS (Proximity) Your birth certificate and your parents' marriage certificate You have applied for a flat under the Family and Parenthood Priority Scheme (FPPS) A doctor's certification of pregnancy or your child's birth certificate Once you’ve selected your unit, start the purchase process by paying the option fee on the spot. By securing the Option to Purchase (OTP) , you get the right to purchase your flat. The amount which you have to pay depends on your flat type. Note that payment can only be made via NETS. $500 for 2-room flexi flats $1,000 for 3-room flats $2,000 for 4 room or larger flats You will also apply for your CPF housing grants at this point. Make sure you download the application forms for Enhanced CPF Housing Grant and bring them along to your flat booking appointment. ALSO READ : HDB Grants Guide: What’s the Max CPF Housing Grant You Can Get? Back to top 8. Sign BTO lease agreement, pay downpayment In the past, you’d have to make a trip back to HDB Hub to sign the lease agreement within 4 months of booking a flat. But now, the wait between flat booking and signing the lease agreement can be up to 9 months . Make sure you’ve gotten your HDB loan or bank loan arrangements in order by that time. On the day you sign the lease agreement, you’ll have to fork out the downpayment, as well as stamp duties and legal fees. Downpayment at the signing of Agreement for Lease You must make a portion of your downpayment on the day you sign the lease at HDB Hub. You'll pay the rest of your downpayment during key collection. How much your downpayment at the signing of your lease agreement will be depends on whether you’re taking out an HDB or a bank loan. Buyers taking out HDB loan or no loan— 10% of the purchase price (Cash and/or CPF). Or 5% under the Staggered Downpayment Scheme (we'll elaborate below) Or 2.5% under deferred income assessment for students and NSFs (we'll also elaborate below) Buyers taking out bank loan— 20% (minimum 5% in cash, remaining 15% using CPF savings and/or cash) For those taking out a bank loan, the above scenario is based on a Loan To Value (LTV) limit of 75%. The LTV determines how much you are able to borrow from the bank in order to finance your home purchase. Legal fees and stamp duties Your legal fees and stamp duty can be paid using a mixture of cash and CPF. The stamp duty rates are as follows: First $180,000: 1% Next $180,000: 2% Next $640,000: 3% Next $500,000: 4% Next $1,500,000: 5% Remaining amount: 6% Use our handy stamp duty calculator to figure out how much you'll need to pay. Staggered Downpayment Scheme If you’re a couple applying for a BTO for the first time before the younger applicant’s 30th birthday or an existing flat owner downgrading to a 3-room or smaller flat in a non-mature estate, you can apply for the Staggered Downpayment Scheme . As the name implies, this allows you to split the downpayment into two payments: First payment when signing the lease agreement Second payment when you sign the Terms of Agreement and collect your keys If you’re wondering how this differs from the regular downpayment scheme, it lets you push a larger percentage of your downpayment to the day you collect your keys. For those taking out a bank loan , the following is the breakdown of payment: Downpayment at signing of agreement for lease : 5% in cash + 5% using CPF OA savings or cash Payment during collection of keys : 15% using CPF OA savings or cash However, if you’re taking out an HDB loan , the following applies: Downpayment at signing of agreement for lease : 5% using CPF OA savings or cash Payment during collection of keys : 15% using CPF OA savings or cash Now, all you can do is wait for your BTO flat to be completed. This stage typically takes a few years—I mean, it's called "build-to-order" for a reason. Staggered Downpayment Scheme (for young couples) If you and your boo are NSFs or fresh graduates, you're eligible for deferred income assessment. That means your initial downpayment at the lease agreement signing stage is even lower: Downpayment at signing of agreement for lease : 2.5% using CPF OA savings or cash Payment during collection of keys : 17.5% using CPF OA savings or cash That gives you guys more time to pool your savings and get together enough moolah for the remaining 17.5% you need to fork out during key collection. Read more about HDB housing schemes to help young couples . Deferred Downpayment Scheme (for seniors) The DDS is for seniors aged 55 years and above who are downsizing their flats. They should still own their existing flat at the time of application and have booked an uncompleted 3-room or smaller flat in an HDB sales exercise. Buyers who successfully apply for the DDS will only have to pay stamp duty and legal fees when they sign the Agreement for Lease. They only need to pay the purchase price of the flat upon collection of the keys. Back to top 9. BTO key collection day! At some point, HDB will notify you to say that you can pick up the keys to your unit. Hooray! Payment during the collection of keys The day you collect your keys, years later, you’ll have to pay the following: Buyers taking out HDB loan or no loan : 15% (CPF savings or cash) Buyers taking out bank loan : 5% (CPF savings or cash) For those taking out a bank loan, the following example is based on an LTV limit of 75%. Selling your old flat and buying a new one If you already own an existing HDB flat, you must dispose of it within 6 months from your BTO flat completion. To help you out, HDB lets you take out a Contra Payment Facility that will enable you to save a bit of money while coordinating the sale of your first flat and the purchase of the new one. If you do not intend to take out a loan, you can opt for the Temporary Loan Scheme which will enable you to use the nett proceeds from the sale of your existing flat to pay for your new flat without having to take out a housing loan. As a second-time flat buyer, you’ll need to pay a resale levy when you sell your existing flat to buy a new one. The resale levy will be automatically deducted by the HDB from your sale proceeds. If there is any shortfall, this must be settled in cash. Other things to pay upon key collection When you collect the keys, you’ll also be charged the following: Survey fees —You will need to pay $164 to $409, depending on flat type, for a surveyor to inspect the condition and value of your flat. This can be paid using CPF savings if you wish. Flat Type Survey Fee (inclusive of GST) 2-room Flexi/ Community Care Apartment $163.50 3-room $231.60 4-room $299.75 5-room $354.25 Executive $408.75 Registration fees —You will have to pay a $38.30 registration fee if you are using HDB’s lawyers. Stamp duty for Deed of Assignment —This must be paid for anyone taking out a housing loan, and costs 0.40% of the loan amount up to a maximum of $500. Home Protection Scheme (HPS) —This mortgage-reducing insurance offered by the CPF Board is compulsory for those using CPF savings to repay their home loan. Premiums are to be paid using CPF savings and/or cash. Use HDB's HPS calculator to find out how much you'd need to pay per year. Fire Insurance — Fire insurance is compulsory for those taking out HDB loan. You must produce your Certificate of Insurance from HDB's appointed insurer, Etiqa, on the day you collect your keys. The premiums range from $1.11 for coverage of $37,900 for a 1-room Community Care Apartment to $6.68 for coverage of $176,700 for an Executive or Multi-Generation flat. Flat type Fire insurance premium for 5-year term (includes GST) Sum insured 1-Room/Community Care Apartment $1.11 $37,900 2-Room/2-Room Flexi/ Studio Apartment $1.99 $57,000 3-Room $3.27 $83,300 4-Room/S1 $4.59 $117,000 5-Room/S2/3Gen $5.43 $144,800 Executive/Multi-Generation $6.68 $176,700 Back to top 10. What happens if you can’t sign the Agreement of Lease or collect your keys personally? You can sign an HDB Power of Attorney (POA) appointing another person to act on your behalf in specified matters. For instance, you might appoint someone to help you sign certain documents such as the Agreement to Lease. This might be necessary if you are not in Singapore on certain dates. You need to submit all your POA documents to HDB at least 2 weeks before your appointment, so plan ahead. There's also a good 8 documents (including photocopies) to submit, so get prepared early—read more about the POA on HDB's website . Back to top Found this article useful? Share this with fellow homeowners-to-be!
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[Rewards](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/) - Follow Us [![https://blog-cdn.moneysmart.sg/wp-content/uploads/2026/03/BlogBanner-desktop-1000x430%402x-8.png](https://blog-cdn.moneysmart.sg/wp-content/uploads/2026/03/BlogBanner-desktop-1000x430%402x-8.png)](https://www.moneysmart.sg/credit-cards/gold-rush-madness-ms?utm_source=blog&utm_medium=float-widget&utm_campaign=credit_cards_gold_rush)[Learn More](https://www.moneysmart.sg/credit-cards/gold-rush-madness-ms?utm_source=blog&utm_medium=float-widget&utm_campaign=credit_cards_gold_rush) [Property](https://blog.moneysmart.sg/category/property/) # Buying an HDB BTO Flat in Singapore: A Step-By-Step Guide (2026) ![](https://secure.gravatar.com/avatar/327b8eabe4217a571280ab295b210b9d?s=150&d=mm&r=g) by on 23 January 2025 ![buy bto flat step by step guide 2025](https://blog-cdn.moneysmart.sg/wp-content/uploads/2025/01/BTO-Step-by-Step-Guides-by-MS-Masthead-template.png) This year, HDB is set to [launch 19,600 Build-to-Order (BTO) flats](https://www.hdb.gov.sg/about-us/news-and-publications/press-releases/hdb-to-launch-19600-bto-flats-in-2026). That includes some 4,000 units (about a fifth) with waiting times of under 3 years! It's going to be an exciting year ahead for prospective homeowners. But if this is your first BTO application, excitement might quickly give way to intimidation and confusion when you find out how long the process can be. And don't even get us started on the [acronyms](https://blog.moneysmart.sg/property/terms-to-know-when-buying-a-house/) that can make you want to tear your hair out. Regardless of where you are in your home ownership journey, don’t fret—you’re not alone. In our comprehensive guide, we will delve into the various steps involved in purchasing an HDB BTO flat in Singapore, covering everything from determining your eligibility to the application process to your considering your financing options. By the end of this guide, you should have a clear understanding of what it takes to navigate the HDB BTO flat-buying process and make an informed decision that suits your needs and preferences. * Check out our review of the latest HDB BTO sales launch: [HDB BTO Feb 2026 Review—Locations, Application Rates, Prices, and More](https://blog.moneysmart.sg/property/hdb-bto-feb-2026-review/) * ### A step-by-step guide to buying an HDB BTO flat in Singapore (2026) 1. [Timeline and steps to buying an HDB BTO flat in Singapore](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#timeline-and-steps-to-buying-an-hdb-bto-flat-in-singapore) 2. [Are you eligible for HDB BTO?](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#are-you-eligible-for-hdb-bto) 3. [Apply for an HDB Flat Eligibility (HFE) letter](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#hfe) 4. [Look out for sales launches](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#saleslaunch) 5. [Ballot for your BTO](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#ballot) 6. [Get an HDB Loan…or AIP if you’re taking out a bank loan](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#loan) 7. [Book your BTO flat and pay option fee](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#select) 8. [Sign BTO lease agreement, pay downpayment](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#sign) 9. [BTO key collection day\!](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#key) 10. [What happens if you can’t sign the Agreement of Lease or collect your keys personally?](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#poa) Watch: Buying an HDB BTO in Singapore—from Flat Application to Key Collection ## ## 1\. Timeline and steps to buying an HDB BTO flat in Singapore So, what steps need to happen to get a BTO flat? And how long does each stage of the HDB BTO process takes? The timeline below shows every key step, so you know exactly what to expect from eligibility checks to key collection. Use it for a quick snapshot before you dive into the details. \| \| \| \| \| \|---\|---\|---\|---\| \| Step \| What to do \| When to do it \| Documents required \| \| Check eligibility \| Apply for an HDB Flat Eligibility (HFE) letter. This letter not only lets you apply for a flat, but also tells you if you’re eligible to buy one, apply for grants, and take up a loan. \| Apply by the 15th, at least 2 months before the BTO launch month. For example, if the BTO launch is in Feb 2026, apply for your HFE letter by 15 Dec 2025. \| Apply via Singpass. \| \| Apply online \| Apply for a flat on the HDB Flat Portal. It [costs \$10 per application](https://www.hdb.gov.sg/residential/buying-a-flat/buying-procedure-for-new-flats/application). \| During the sales launch. The window will be open for 1 week. \| You must have a valid HFE letter to apply for a BTO flat. \| \| Get ballot results \| Look out for an email from HDB—it’ll tell you your ballot results. \| Up to 2 months after applications close. \| – \| \| Book a flat \| Book a flat based on your queue position at HDB Hub. You’ll need to pay the [option fee](https://www.hdb.gov.sg/residential/buying-a-flat/buying-procedure-for-new-flats/booking-of-flat): – 4-room and bigger: \$2,000 – 3-room: \$1,000 – 2-room Flexi: \$500 \| – BTO and SBF: From 4 weeks after ballot results. – Open booking: As early as the next working day \| – Identity Cards (ICs)^ of all listed applicants/ occupants – Passport for non-residents You may also need: birth certificate(s) of your child(ren), marriage certificate, divorce certificate, doctor's certification of pregnancy, or others. [Read more](https://www.hdb.gov.sg/residential/buying-a-flat/buying-procedure-for-new-flats/booking-of-flat). \| \| Sign agreement for lease \| Pay [downpayment](https://blog.moneysmart.sg/home-loans/hdb-downpayment-guide/). Ensure you have a valid Letter of Offer if taking a bank loan. \| Within 9 months after booking a flat. \| – Identity Cards (ICs)^ of all listed applicants/ occupants – Passport for non-residents – Birth certificate(s) of your child(ren) [Read more](https://www.hdb.gov.sg/residential/buying-a-flat/buying-procedure-for-new-flats/sign-agreement-for-lease). \| \| Collect keys \| Pay the balance purchase price and collect your keys. \| – BTO: Waiting time varies. – SBF/open booking (flats under construction): Collect keys when completed. – SBF/open booking (completed flats): Collect keys when you sign the Agreement for Lease. \| – Identity Cards (ICs)^ of all listed applicants/ occupants – Certificate of Insurance for fire insurance – Singpass – Power of Attorney, if applicable [Read more](https://www.hdb.gov.sg/residential/buying-a-flat/buying-procedure-for-new-flats/key-collection). \| [Back to top](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#top) ## 2\. Are you eligible for HDB BTO? To buy an HDB BTO flat, you’ve got to first check if you're eligible. Otherwise, the government is going to slam the door in your face. You must be at least 21 years old and satisfy one of the following in order to purchase a BTO flat: - Fiancé and fiancée: At least 1 of you is a Singapore Citizen, and the other is a Singapore Citizen or PR. Be prepared to register your marriage before taking possession of your flat if applying for additional or Enhanced CPF Housing Grant or within 3 months of taking possession of flat. - Married couples and/ or parent(s) with child(ren): You are a Singapore Citizen, applying with at least 1 other Singapore Citizen or PR as a family nucleus. This means you are applying with: - Spouse and kids (if any); OR - Parents and siblings (if any), and if you're unmarried/ widowed/ divorced, at least one of your parents is a Singapore Citizen/PR; OR - Your child(ren) under your legal custody (only for widowed/divorced applicants). - Multi-generation families: You are a Singapore Citizen, and are applying with your spouse and parents. Aside from you, at least 1 other applicant must be a Singapore Citizen or PR. This sounds like the "married couple with parents" eligibility condition above, but the difference is that under this scheme you'll be eligible for a 3Gen flat. - Orphaned siblings: You and your siblings are orphans and single (unmarried, divorced, or widowed) and at least 1 of your deceased parents was a Singapore Citizen or PR. - Families with non-residents: You are a Singapore Citizen applying with your non-resident spouse who holds a valid Visit Pass or Work Pass that can have any validity period. If you apply with your non-resident parents or child(ren), you'll only be eligible to buy a resale flat and not a new flat like a BTO. - Seniors: You are a Singapore citizen aged 55 and above. You can also apply with your fiancé/ fiancée or spouse, parent(s) or child(ren), siblings who are orphans and single, your non-resident spouse, or unrelated single citizens. With the exception of your non-resident spouse, the others you apply with must be a Singapore Citizen/PR. Under this scheme, you can buy a short-lease 2-room Flexi flat or Community Care Apartment. - Singles: You are a single Singapore Citizen aged 35 and older applying alone OR with up to 3 other singles, of which at least 1 must be a Singapore Citizen/PR. Note that you'll only be eligible for 2-room flats, but they can be in any location. Read more about HDB's eligibility requirements when you apply as a [couple or family](https://www.hdb.gov.sg/residential/buying-a-flat/understanding-your-eligibility-and-housing-loan-options/flat-and-grant-eligibility/couples-and-families), [senior](https://www.hdb.gov.sg/residential/buying-a-flat/understanding-your-eligibility-and-housing-loan-options/flat-and-grant-eligibility/seniors), or as a [single](https://www.hdb.gov.sg/residential/buying-a-flat/understanding-your-eligibility-and-housing-loan-options/flat-and-grant-eligibility/singles). * ALSO READ: [Can Singles Buy an HDB Flat in Singapore? Here’s What You Need to Know](https://blog.moneysmart.sg/property/hdb-eligibility-singles-scheme-singapore/) * In addition, you’ll have to ensure you’re not making too much money to qualify for the flat you’re eyeing. Here are the [income ceilings for the various types of flats](https://www.hdb.gov.sg/cs/infoweb/-/media/doc/PressReleases/corp-pr10092019annex-c.ashx): - 2-room Flexi flat: \$7,000; or \$14,000 for short-lease flats (max 45-year lease) - 3-room flat: \$7,000; or \$14,000 depending on which project you’re balloting for. Check the sales launch to know the exact income ceiling. - 4-room flat or bigger: \$14,000; or \$21,000 if you’re purchasing the flat as an extended or multi-generation family. Note that your children included as co-applicants or occupiers also contribute to the total household income if they're earning an income. Include their salaries when you're adding things up to make sure you don't bust that [income ceiling as an extended family](https://www.hdb.gov.sg/-/media/doc/EAPG/Income-ceiling-for-extended-family.ashx). You (and anyone else in your BTO application) must also not own any other property, HDB or private, locally or overseas. - If you currently own private property, you’ll need to sell off your property at least 30 months before you apply for the [HFE letter](https://blog.moneysmart.sg/property/hdb-hfe-letter/), which you in turn should apply for before you apply for your BTO. - If you currently own an HDB flat, you must dispose of the flat within 6 months of the completion of your BTO flat. [Back to top](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#top) \| \| \|---\| \| Getting ready to BTO? Prepare yourself for your home ownership journey with our BTO guides\! [Buying an HDB BTO Flat in Singapore: A Step-By-Step Guide (2026)](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/) [Guide to the HDB Flat Eligibility (HFE) Letter: When You Need It, How to Apply, and More](https://blog.moneysmart.sg/property/hdb-hfe-letter/) [HDB BTO Feb 2026 Review: Locations, Prices, Site Plans, Expected Application Rates, and More](https://blog.moneysmart.sg/property/hdb-bto-feb-2026-review/) [HDB Downpayment Guide: How Much Do You Need for BTO, Resale & EC?](https://blog.moneysmart.sg/home-loans/hdb-downpayment-guide/) [What Is The Additional Buyer’s Stamp Duty (ABSD) “99-1 Loophole” in Singapore and Is It Illegal?](https://blog.moneysmart.sg/property/absd-tax-loophole/) [HDB Sale of Balance Flats: Guide to SBF & Open Booking](https://blog.moneysmart.sg/property/hdb-sales-of-balance-flats/) \| ## 3\. Apply for an HDB Flat Eligibility (HFE) letter In 2023, the government introduced a new step to the BTO process—the application of the [HFE Letter](https://blog.moneysmart.sg/property/hdb-hfe-letter/). Even before you start searching the web for new launches, HDB now requires you to first apply for an HDB Flat Eligibility (HFE) letter through the [HDB Flat Portal](https://www.hdb.gov.sg/cs/infoweb/homepage). You will need your Singpass to sign in. This letter will set out whether you are eligible to buy a flat, apply for the Enhanced CPF Housing Grant and take up an HDB or bank loan. In other words, it will mine your data and tell you most of what you need to know. You cannot escape applying for the HFE Letter even if you already have all the necessary information. Without it, you cannot even apply for a flat. It will take about 1 month for the HFE Letter to be issued after receipt of your application and supporting documents. It may be longer during peak periods, so applying earlier is safer. Once you get your hands on it, the HFE Letter is valid for 9 months from the date of issue. Bottom line: Once you (and your fiancé/family, if applicable) decide you want to try for a flat, you should apply for the HFE Letter as soon as you can. It's better to have it ready rather than wait until a launch you are interested in rolls around. \| \| \|---\| \| PSA: If you plan to apply for a BTO flat during the Feb 2026 sales exercise, HDB actually recommended you apply by 15 Dec 2025. That's how early you should apply for it! If you don't have a valid HFE, you can [apply for your HFE letter](https://iam.hdb.gov.sg/common/login?spcptracking=1713980748776__bb51_72f0b68f38a0) now in time for the next sales exercise instead. \| The HFE Letter is not to be confused with the now-defunct HDB Loan Eligibility (HLE) Letter, which was meant solely for those taking out an HDB Housing Loan. The HLE Letter was meant to be applied for AFTER balloting for a flat, and only those taking out an HDB loan had to apply. The HFE Letter now replaces the HLE Letter. But do note that every single applicant, regardless of loan, needs to apply for the HFE Letter BEFORE balloting. [Back to top](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#top) ## 4\. Look out for sales launches First, you’ll have to [check the HDB website regularly](https://homes.hdb.gov.sg/home/landing) for news of upcoming sales launches. To make life easier, sign up for [HDB’s eAlert Service](https://services2.hdb.gov.sg/webapp/BF08CESS/MainController?action=new) so you can be notified of upcoming launches. HDB typically announces upcoming BTO projects at least 3 months prior to their launch. This should give you ample time to plan for the location you want. Although HDB does announce information like the locations, number of projects and flat types in upcoming launches months early, details like their prices, flat classification (Standard, Plus, Prime), and subsidy clawbacks will only be confirmed when applications open (i.e. when the launch, well, launches). That said, we can make good guesses on how much certain projects would cost and what classification they would fall under. We do this by looking at their locations and referencing past launches. That's exactly what we did for our [Feb 2026 BTO review](https://blog.moneysmart.sg/property/hdb-bto-feb-2026-review/)—check it out. [Back to top](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#top) ## 5\. Ballot for your BTO When you see a launch in an area that interests you, pay a non-refundable \$10 application fee to ballot for it during the BTO application window. If you thought striking Toto was hard, try balloting for an HDB flat. How many tries it takes you to get a flat depends on your luck. While some people get it on the first or second try, we’ve heard of cases where couples tried more than 10 times to no avail. Expect to wait a maximum of 2 months to know if you are successful or not. See HDB's website for more details on the [HDB BTO application timeline and process](https://www.hdb.gov.sg/residential/buying-a-flat/buying-procedure-for-new-flats/timeline). [Back to top](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#top) ## 6\. Get an HDB Loan…or AIP if you’re taking out a bank loan Finally! The heavens smile upon you and you receive a decent queue number. After buying 4D on your lucky day, what’s next? Before you progress to the next stage and sign your life away, it’s worthwhile to plan your finances using this [helpful HDB tool](https://homes.hdb.gov.sg/home/calculator/budget). A crucial part of the financing process is to decide on whom to get your home loan from. You have a choice between taking out an [HDB loan vs bank loan](https://blog.moneysmart.sg/home-loans/bank-loan-vs-hdb-loan-which-is-better/). First-timers typically go for an HDB loan since the downpayment amount that HDB requires is less. But if you’re savvy and have enough savings, you can usually opt for a bank loan to get lower interest rates—we say "usually" because interest rates for housing loans are currently higher than HDB loans. Here's a pro tip the HDB staff told me when I was booking my own BTO: Choose an HDB loan first if you're unsure. You can later switch from an HDB loan to a bank loan, but cannot switch from a bank loan to an HDB loan. Either way, you’ll need to get some kind of loan approval in principal BEFORE you chope the flat. You’ll need to have all your loan documents in order to sign the lease agreement. - HDB loan: You would already have obtained your HFE Letter before you applied for the flat, so there’s no further action needed here. The letter will tell you how much money HDB is willing to loan you. - Bank loan: You would have concurrently applied for in-principle approval (AIP) from the bank with your HFE letter application. With the new HFE letter, applicants should have worked out their financing options ahead of time—even before you applied for your BTO. So you would know what your options are. [Back to top](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#top) ## 7\. Book your BTO flat and pay option fee You’ll get called in to select a unit from 4 weeks after the release of the ballot results. Your queue number will determine your priority in choosing a unit. The number of people allotted queue numbers will exceed the number of units, so if your queue number is way out there, chances are you won’t be able to get your hands on a unit and will have to ballot again. When it comes time to show up at HDB Hub to book your flat, don’t forget to bring along your IC for identity verification. You may also need the following documents: \| \| \| \|---\|---\| \| Scenario \| Document required \| \| You are married \| Marriage certificate \| \| You are divorced \| Divorce certificate \| \| Your spouse is deceased \| Death certificate of spouse \| \| You are buying a flat under the Family Care Scheme (FCS) (Joint Balloting) or FCS (Proximity) \| Your birth certificate and your parents' marriage certificate \| \| You have applied for a flat under the Family and Parenthood Priority Scheme (FPPS) \| A doctor's certification of pregnancy or your child's birth certificate \| Once you’ve selected your unit, start the purchase process by paying the option fee on the spot. By securing the Option to Purchase (OTP), you get the right to purchase your flat. The amount which you have to pay depends on your flat type. Note that payment can only be made via NETS. - \$500 for 2-room flexi flats - \$1,000 for 3-room flats - \$2,000 for 4 room or larger flats ![Option to Purchase Option Fee]() You will also apply for your CPF housing grants at this point. Make sure you [download the application forms for Enhanced CPF Housing Grant](https://www.hdb.gov.sg/-/media/doc/EAPG/ehg-form.pdf) and bring them along to your flat booking appointment. * ALSO READ: [HDB Grants Guide: What’s the Max CPF Housing Grant You Can Get?](https://blog.moneysmart.sg/property/hdb-cpf-housing-grant-guide/) * [Back to top](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#top) ## 8\. Sign BTO lease agreement, pay downpayment In the past, you’d have to make a trip back to HDB Hub to sign the lease agreement within 4 months of booking a flat. But now, the wait between flat booking and signing the lease agreement can be up to 9 months. Make sure you’ve gotten your HDB loan or bank loan arrangements in order by that time. On the day you sign the lease agreement, you’ll have to fork out the downpayment, as well as stamp duties and legal fees. ### Downpayment at the signing of Agreement for Lease You must make a portion of your [downpayment](https://blog.moneysmart.sg/home-loans/hdb-downpayment-guide/) on the day you sign the lease at HDB Hub. You'll pay the rest of your downpayment during key collection. How much your downpayment at the signing of your lease agreement will be depends on whether you’re taking out an HDB or a bank loan. - Buyers taking out HDB loan or no loan—10% of the purchase price (Cash and/or CPF). - Or 5% under the [Staggered Downpayment Scheme](https://blog.moneysmart.sg/home-loans/hdb-downpayment-guide/) (we'll elaborate below) - Or 2.5% under [deferred income assessment](https://blog.moneysmart.sg/property/hdb-housing-schemes-young-couples/) for students and NSFs (we'll also elaborate below) - Buyers taking out bank loan—20% (minimum 5% in cash, remaining 15% using CPF savings and/or cash) For those taking out a bank loan, the above scenario is based on a [Loan To Value (LTV) limit](https://blog.moneysmart.sg/property/terms-to-know-when-buying-a-house/) of 75%. The LTV determines how much you are able to borrow from the bank in order to finance your home purchase. ### Legal fees and stamp duties Your legal fees and stamp duty can be paid using a mixture of cash and CPF. The stamp duty rates are as follows: - First \$180,000: 1% - Next \$180,000: 2% - Next \$640,000: 3% - Next \$500,000: 4% - Next \$1,500,000: 5% - Remaining amount: 6% Use our handy [stamp duty calculator](https://www.moneysmart.sg/home-loan/stamp-duty-calculator) to figure out how much you'll need to pay. ### Staggered Downpayment Scheme If you’re a couple applying for a BTO for the first time before the younger applicant’s 30th birthday or an existing flat owner downgrading to a 3-room or smaller flat in a non-mature estate, you can apply for the [Staggered Downpayment Scheme](https://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/buying-procedure-for-new-flats/sign-agreement-for-lease?anchor=downpayment#:~:text=The%20Staggered%20Downpayment%20Scheme%20helps,key%20collection%20to%20your%20flat.). As the name implies, this allows you to split the downpayment into two payments: - First payment when signing the lease agreement - Second payment when you sign the Terms of Agreement and collect your keys If you’re wondering how this differs from the regular downpayment scheme, it lets you push a larger percentage of your downpayment to the day you collect your keys. For those taking out a bank loan, the following is the breakdown of payment: - Downpayment at signing of agreement for lease: 5% in cash + 5% using CPF OA savings or cash - Payment during collection of keys: 15% using CPF OA savings or cash However, if you’re taking out an HDB loan, the following applies: - Downpayment at signing of agreement for lease: 5% using CPF OA savings or cash - Payment during collection of keys: 15% using CPF OA savings or cash Now, all you can do is wait for your BTO flat to be completed. This stage typically takes a few years—I mean, it's called "build-to-order" for a reason. ### Staggered Downpayment Scheme (for young couples) If you and your boo are NSFs or fresh graduates, you're eligible for deferred income assessment. That means your initial downpayment at the lease agreement signing stage is even lower: - Downpayment at signing of agreement for lease: 2.5% using CPF OA savings or cash - Payment during collection of keys: 17.5% using CPF OA savings or cash That gives you guys more time to pool your savings and get together enough moolah for the remaining 17.5% you need to fork out during key collection. Read more about [HDB housing schemes to help young couples](https://blog.moneysmart.sg/property/hdb-housing-schemes-young-couples/). ### Deferred Downpayment Scheme (for seniors) The DDS is for seniors aged 55 years and above who are downsizing their flats. They should still own their existing flat at the time of application and have booked an uncompleted 3-room or smaller flat in an HDB sales exercise. Buyers who successfully apply for the DDS will only have to pay stamp duty and legal fees when they sign the Agreement for Lease. They only need to pay the purchase price of the flat upon collection of the keys. [Back to top](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#top) ## 9\. BTO key collection day\! At some point, HDB will notify you to say that you can pick up the keys to your unit. Hooray\! ### Payment during the collection of keys The day you collect your keys, years later, you’ll have to pay the following: - Buyers taking out HDB loan or no loan: 15% (CPF savings or cash) - Buyers taking out bank loan: 5% (CPF savings or cash) For those taking out a bank loan, the following example is based on an LTV limit of 75%. ### Selling your old flat and buying a new one If you already own an existing HDB flat, you must dispose of it within 6 months from your BTO flat completion. To help you out, HDB lets you take out a [Contra Payment Facility](https://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/buying-procedure-for-new-flats/key-collection?anchor=contra) that will enable you to save a bit of money while coordinating the sale of your first flat and the purchase of the new one. If you do not intend to take out a loan, you can opt for the [Temporary Loan Scheme](https://www.hdb.gov.sg/residential/buying-a-flat/buying-procedure-for-new-flats/key-collection#:~:text=Temporary%20Loan%20Scheme%20$TLS$,your%20existing%20flat%20is%20underway.) which will enable you to use the nett proceeds from the sale of your existing flat to pay for your new flat without having to take out a housing loan. As a second-time flat buyer, you’ll need to pay a [resale levy](https://www.hdb.gov.sg/residential/buying-a-flat/conditions-after-buying) when you sell your existing flat to buy a new one. The resale levy will be automatically deducted by the HDB from your sale proceeds. If there is any shortfall, this must be settled in cash. ### Other things to pay upon key collection When you collect the keys, you’ll also be charged the following: - [Survey fees](https://www.hdb.gov.sg/residential/buying-a-flat/buying-procedure-for-new-flats/key-collection)—You will need to pay \$164 to \$409, depending on flat type, for a surveyor to inspect the condition and value of your flat. This can be paid using CPF savings if you wish. \| Flat Type \| Survey Fee (inclusive of GST) \| \|---\|---\| \| 2-room Flexi/ Community Care Apartment \| \$163.50 \| \| 3-room \| \$231.60 \| \| 4-room \| \$299.75 \| \| 5-room \| \$354.25 \| \| Executive \| \$408.75 \| - Registration fees—You will have to pay a \$38.30 registration fee if you are using HDB’s lawyers. - Stamp duty for Deed of Assignment—This must be paid for anyone taking out a housing loan, and costs 0.40% of the loan amount up to a maximum of \$500. - Home Protection Scheme (HPS)—This mortgage-reducing insurance offered by the CPF Board is compulsory for those using CPF savings to repay their home loan. Premiums are to be paid using CPF savings and/or cash. Use [HDB's HPS calculator](https://www.cpf.gov.sg/member/tools-and-services/calculators/home-protection-scheme-premium-calculator) to find out how much you'd need to pay per year. - Fire Insurance—[Fire insurance](https://www.hdb.gov.sg/cs/infoweb/residential/living-in-an-hdb-flat/fire-insurance) is compulsory for those taking out HDB loan. You must produce your Certificate of Insurance from HDB's appointed insurer, Etiqa, on the day you collect your keys. The premiums range from \$1.11 for coverage of \$37,900 for a 1-room Community Care Apartment to \$6.68 for coverage of \$176,700 for an Executive or Multi-Generation flat. \| \| \| \| \|---\|---\|---\| \| Flat type \| Fire insurance premium for 5-year term (includes GST) \| Sum insured \| \| 1-Room/Community Care Apartment \| \$1.11 \| \$37,900 \| \| 2-Room/2-Room Flexi/ Studio Apartment \| \$1.99 \| \$57,000 \| \| 3-Room \| \$3.27 \| \$83,300 \| \| 4-Room/S1 \| \$4.59 \| \$117,000 \| \| 5-Room/S2/3Gen \| \$5.43 \| \$144,800 \| \| Executive/Multi-Generation \| \$6.68 \| \$176,700 \| [Back to top](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#top) ## 10\. What happens if you can’t sign the Agreement of Lease or collect your keys personally? You can sign an HDB Power of Attorney (POA) appointing another person to act on your behalf in specified matters. For instance, you might appoint someone to help you sign certain documents such as the Agreement to Lease. This might be necessary if you are not in Singapore on certain dates. You need to submit all your POA documents to HDB at least 2 weeks before your appointment, so plan ahead. There's also a good 8 documents (including photocopies) to submit, so get prepared early—read more about the [POA on HDB's website](https://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/buying-procedure-for-new-flats/sign-agreement-for-lease?anchor=poa). [Back to top](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#top) Found this article useful? Share this with fellow homeowners-to-be\! ## Related Articles [Guide to the HDB Flat Eligibility (HFE) Letter (2025): When You Need It, How to Apply, and More](https://blog.moneysmart.sg/property/hdb-hfe-letter/) [HDB Downpayment Guide: How Much Do You Need for BTO, Resale & EC?](https://blog.moneysmart.sg/home-loans/hdb-downpayment-guide/) [Breaking Up After Applying For a BTO Flat—How Much Money Do You Lose?](https://blog.moneysmart.sg/property/break-up-bto-application-hdb/) [HDB Sale of Balance Flats: Guide to SBF & Open Booking (2025)](https://blog.moneysmart.sg/property/hdb-sales-of-balance-flats/) [HDB BTO Jun 2024 Review: Locations, Prices, Site Plans, Expected Application Rates, and More](https://blog.moneysmart.sg/property/hdb-bto-jun-2024-review/) [What Is The Additional Buyer’s Stamp Duty (ABSD) “99-1 Loophole” in Singapore and Is It Illegal? (2024)](https://blog.moneysmart.sg/property/absd-tax-loophole/) Tags: [Featured ,](https://blog.moneysmart.sg/tag/featured/) [HDB BTO ,](https://blog.moneysmart.sg/tag/hdb-bto/) [HDB flats ,](https://blog.moneysmart.sg/tag/hdb-flats/) [Home Loans ,](https://blog.moneysmart.sg/tag/home-loans/) [Property](https://blog.moneysmart.sg/tag/property/) *** ![Joanne Poh]() ## About the author ### [Joanne Poh](https://blog.moneysmart.sg/author/joannepoh/) In my previous life, I was a property lawyer who spent most of my time struggling to get out of bed or stuck in peak hour traffic. These days, as a freelance commercial writer, I work in bed, on the beach, in parks and at cafes, all while being really frugal. I like helping other people save money so they can stop living lives they don't like. 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Readable Markdown	This year, HDB is set to [launch 19,600 Build-to-Order (BTO) flats](https://www.hdb.gov.sg/about-us/news-and-publications/press-releases/hdb-to-launch-19600-bto-flats-in-2026). That includes some 4,000 units (about a fifth) with waiting times of under 3 years! It's going to be an exciting year ahead for prospective homeowners. But if this is your first BTO application, excitement might quickly give way to intimidation and confusion when you find out how long the process can be. And don't even get us started on the [acronyms](https://blog.moneysmart.sg/property/terms-to-know-when-buying-a-house/) that can make you want to tear your hair out. Regardless of where you are in your home ownership journey, don’t fret—you’re not alone. In our comprehensive guide, we will delve into the various steps involved in purchasing an HDB BTO flat in Singapore, covering everything from determining your eligibility to the application process to your considering your financing options. By the end of this guide, you should have a clear understanding of what it takes to navigate the HDB BTO flat-buying process and make an informed decision that suits your needs and preferences. * Check out our review of the latest HDB BTO sales launch: [HDB BTO Feb 2026 Review—Locations, Application Rates, Prices, and More](https://blog.moneysmart.sg/property/hdb-bto-feb-2026-review/) * Watch: Buying an HDB BTO in Singapore—from Flat Application to Key Collection ## 1\. Timeline and steps to buying an HDB BTO flat in Singapore So, what steps need to happen to get a BTO flat? And how long does each stage of the HDB BTO process takes? The timeline below shows every key step, so you know exactly what to expect from eligibility checks to key collection. Use it for a quick snapshot before you dive into the details. \| \| \| \| \| \|---\|---\|---\|---\| \| Step \| What to do \| When to do it \| Documents required \| \| Check eligibility \| Apply for an HDB Flat Eligibility (HFE) letter. This letter not only lets you apply for a flat, but also tells you if you’re eligible to buy one, apply for grants, and take up a loan. \| Apply by the 15th, at least 2 months before the BTO launch month. For example, if the BTO launch is in Feb 2026, apply for your HFE letter by 15 Dec 2025. \| Apply via Singpass. \| \| Apply online \| Apply for a flat on the HDB Flat Portal. It [costs \$10 per application](https://www.hdb.gov.sg/residential/buying-a-flat/buying-procedure-for-new-flats/application). \| During the sales launch. The window will be open for 1 week. \| You must have a valid HFE letter to apply for a BTO flat. \| \| Get ballot results \| Look out for an email from HDB—it’ll tell you your ballot results. \| Up to 2 months after applications close. \| – \| \| Book a flat \| Book a flat based on your queue position at HDB Hub. You’ll need to pay the [option fee](https://www.hdb.gov.sg/residential/buying-a-flat/buying-procedure-for-new-flats/booking-of-flat): – 4-room and bigger: \$2,000 – 3-room: \$1,000 – 2-room Flexi: \$500 \| – BTO and SBF: From 4 weeks after ballot results. – Open booking: As early as the next working day \| – Identity Cards (ICs)^ of all listed applicants/ occupants – Passport for non-residents You may also need: birth certificate(s) of your child(ren), marriage certificate, divorce certificate, doctor's certification of pregnancy, or others. [Read more](https://www.hdb.gov.sg/residential/buying-a-flat/buying-procedure-for-new-flats/booking-of-flat). \| \| Sign agreement for lease \| Pay [downpayment](https://blog.moneysmart.sg/home-loans/hdb-downpayment-guide/). Ensure you have a valid Letter of Offer if taking a bank loan. \| Within 9 months after booking a flat. \| – Identity Cards (ICs)^ of all listed applicants/ occupants – Passport for non-residents – Birth certificate(s) of your child(ren) [Read more](https://www.hdb.gov.sg/residential/buying-a-flat/buying-procedure-for-new-flats/sign-agreement-for-lease). \| \| Collect keys \| Pay the balance purchase price and collect your keys. \| – BTO: Waiting time varies. – SBF/open booking (flats under construction): Collect keys when completed. – SBF/open booking (completed flats): Collect keys when you sign the Agreement for Lease. \| – Identity Cards (ICs)^ of all listed applicants/ occupants – Certificate of Insurance for fire insurance – Singpass – Power of Attorney, if applicable [Read more](https://www.hdb.gov.sg/residential/buying-a-flat/buying-procedure-for-new-flats/key-collection). \| [Back to top](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#top) ## 2\. Are you eligible for HDB BTO? To buy an HDB BTO flat, you’ve got to first check if you're eligible. Otherwise, the government is going to slam the door in your face. You must be at least 21 years old and satisfy one of the following in order to purchase a BTO flat: - Fiancé and fiancée: At least 1 of you is a Singapore Citizen, and the other is a Singapore Citizen or PR. Be prepared to register your marriage before taking possession of your flat if applying for additional or Enhanced CPF Housing Grant or within 3 months of taking possession of flat. - Married couples and/ or parent(s) with child(ren): You are a Singapore Citizen, applying with at least 1 other Singapore Citizen or PR as a family nucleus. This means you are applying with: - Spouse and kids (if any); OR - Parents and siblings (if any), and if you're unmarried/ widowed/ divorced, at least one of your parents is a Singapore Citizen/PR; OR - Your child(ren) under your legal custody (only for widowed/divorced applicants). - Multi-generation families: You are a Singapore Citizen, and are applying with your spouse and parents. Aside from you, at least 1 other applicant must be a Singapore Citizen or PR. This sounds like the "married couple with parents" eligibility condition above, but the difference is that under this scheme you'll be eligible for a 3Gen flat. - Orphaned siblings: You and your siblings are orphans and single (unmarried, divorced, or widowed) and at least 1 of your deceased parents was a Singapore Citizen or PR. - Families with non-residents: You are a Singapore Citizen applying with your non-resident spouse who holds a valid Visit Pass or Work Pass that can have any validity period. If you apply with your non-resident parents or child(ren), you'll only be eligible to buy a resale flat and not a new flat like a BTO. - Seniors: You are a Singapore citizen aged 55 and above. You can also apply with your fiancé/ fiancée or spouse, parent(s) or child(ren), siblings who are orphans and single, your non-resident spouse, or unrelated single citizens. With the exception of your non-resident spouse, the others you apply with must be a Singapore Citizen/PR. Under this scheme, you can buy a short-lease 2-room Flexi flat or Community Care Apartment. - Singles: You are a single Singapore Citizen aged 35 and older applying alone OR with up to 3 other singles, of which at least 1 must be a Singapore Citizen/PR. Note that you'll only be eligible for 2-room flats, but they can be in any location. Read more about HDB's eligibility requirements when you apply as a [couple or family](https://www.hdb.gov.sg/residential/buying-a-flat/understanding-your-eligibility-and-housing-loan-options/flat-and-grant-eligibility/couples-and-families), [senior](https://www.hdb.gov.sg/residential/buying-a-flat/understanding-your-eligibility-and-housing-loan-options/flat-and-grant-eligibility/seniors), or as a [single](https://www.hdb.gov.sg/residential/buying-a-flat/understanding-your-eligibility-and-housing-loan-options/flat-and-grant-eligibility/singles). * ALSO READ: [Can Singles Buy an HDB Flat in Singapore? Here’s What You Need to Know](https://blog.moneysmart.sg/property/hdb-eligibility-singles-scheme-singapore/) * In addition, you’ll have to ensure you’re not making too much money to qualify for the flat you’re eyeing. Here are the [income ceilings for the various types of flats](https://www.hdb.gov.sg/cs/infoweb/-/media/doc/PressReleases/corp-pr10092019annex-c.ashx): - 2-room Flexi flat: \$7,000; or \$14,000 for short-lease flats (max 45-year lease) - 3-room flat: \$7,000; or \$14,000 depending on which project you’re balloting for. Check the sales launch to know the exact income ceiling. - 4-room flat or bigger: \$14,000; or \$21,000 if you’re purchasing the flat as an extended or multi-generation family. Note that your children included as co-applicants or occupiers also contribute to the total household income if they're earning an income. Include their salaries when you're adding things up to make sure you don't bust that [income ceiling as an extended family](https://www.hdb.gov.sg/-/media/doc/EAPG/Income-ceiling-for-extended-family.ashx). You (and anyone else in your BTO application) must also not own any other property, HDB or private, locally or overseas. - If you currently own private property, you’ll need to sell off your property at least 30 months before you apply for the [HFE letter](https://blog.moneysmart.sg/property/hdb-hfe-letter/), which you in turn should apply for before you apply for your BTO. - If you currently own an HDB flat, you must dispose of the flat within 6 months of the completion of your BTO flat. [Back to top](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#top) ## 3\. Apply for an HDB Flat Eligibility (HFE) letter In 2023, the government introduced a new step to the BTO process—the application of the [HFE Letter](https://blog.moneysmart.sg/property/hdb-hfe-letter/). Even before you start searching the web for new launches, HDB now requires you to first apply for an HDB Flat Eligibility (HFE) letter through the [HDB Flat Portal](https://www.hdb.gov.sg/cs/infoweb/homepage). You will need your Singpass to sign in. This letter will set out whether you are eligible to buy a flat, apply for the Enhanced CPF Housing Grant and take up an HDB or bank loan. In other words, it will mine your data and tell you most of what you need to know. You cannot escape applying for the HFE Letter even if you already have all the necessary information. Without it, you cannot even apply for a flat. It will take about 1 month for the HFE Letter to be issued after receipt of your application and supporting documents. It may be longer during peak periods, so applying earlier is safer. Once you get your hands on it, the HFE Letter is valid for 9 months from the date of issue. Bottom line: Once you (and your fiancé/family, if applicable) decide you want to try for a flat, you should apply for the HFE Letter as soon as you can. It's better to have it ready rather than wait until a launch you are interested in rolls around. The HFE Letter is not to be confused with the now-defunct HDB Loan Eligibility (HLE) Letter, which was meant solely for those taking out an HDB Housing Loan. The HLE Letter was meant to be applied for AFTER balloting for a flat, and only those taking out an HDB loan had to apply. The HFE Letter now replaces the HLE Letter. But do note that every single applicant, regardless of loan, needs to apply for the HFE Letter BEFORE balloting. [Back to top](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#top) ## 4\. Look out for sales launches First, you’ll have to [check the HDB website regularly](https://homes.hdb.gov.sg/home/landing) for news of upcoming sales launches. To make life easier, sign up for [HDB’s eAlert Service](https://services2.hdb.gov.sg/webapp/BF08CESS/MainController?action=new) so you can be notified of upcoming launches. HDB typically announces upcoming BTO projects at least 3 months prior to their launch. This should give you ample time to plan for the location you want. Although HDB does announce information like the locations, number of projects and flat types in upcoming launches months early, details like their prices, flat classification (Standard, Plus, Prime), and subsidy clawbacks will only be confirmed when applications open (i.e. when the launch, well, launches). That said, we can make good guesses on how much certain projects would cost and what classification they would fall under. We do this by looking at their locations and referencing past launches. That's exactly what we did for our [Feb 2026 BTO review](https://blog.moneysmart.sg/property/hdb-bto-feb-2026-review/)—check it out. [Back to top](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#top) ## 5\. Ballot for your BTO When you see a launch in an area that interests you, pay a non-refundable \$10 application fee to ballot for it during the BTO application window. If you thought striking Toto was hard, try balloting for an HDB flat. How many tries it takes you to get a flat depends on your luck. While some people get it on the first or second try, we’ve heard of cases where couples tried more than 10 times to no avail. Expect to wait a maximum of 2 months to know if you are successful or not. See HDB's website for more details on the [HDB BTO application timeline and process](https://www.hdb.gov.sg/residential/buying-a-flat/buying-procedure-for-new-flats/timeline). [Back to top](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#top) ## 6\. Get an HDB Loan…or AIP if you’re taking out a bank loan Finally! The heavens smile upon you and you receive a decent queue number. After buying 4D on your lucky day, what’s next? Before you progress to the next stage and sign your life away, it’s worthwhile to plan your finances using this [helpful HDB tool](https://homes.hdb.gov.sg/home/calculator/budget). A crucial part of the financing process is to decide on whom to get your home loan from. You have a choice between taking out an [HDB loan vs bank loan](https://blog.moneysmart.sg/home-loans/bank-loan-vs-hdb-loan-which-is-better/). First-timers typically go for an HDB loan since the downpayment amount that HDB requires is less. But if you’re savvy and have enough savings, you can usually opt for a bank loan to get lower interest rates—we say "usually" because interest rates for housing loans are currently higher than HDB loans. Here's a pro tip the HDB staff told me when I was booking my own BTO: Choose an HDB loan first if you're unsure. You can later switch from an HDB loan to a bank loan, but cannot switch from a bank loan to an HDB loan. Either way, you’ll need to get some kind of loan approval in principal BEFORE you chope the flat. You’ll need to have all your loan documents in order to sign the lease agreement. - HDB loan: You would already have obtained your HFE Letter before you applied for the flat, so there’s no further action needed here. The letter will tell you how much money HDB is willing to loan you. - Bank loan: You would have concurrently applied for in-principle approval (AIP) from the bank with your HFE letter application. With the new HFE letter, applicants should have worked out their financing options ahead of time—even before you applied for your BTO. So you would know what your options are. [Back to top](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#top) ## 7\. Book your BTO flat and pay option fee You’ll get called in to select a unit from 4 weeks after the release of the ballot results. Your queue number will determine your priority in choosing a unit. The number of people allotted queue numbers will exceed the number of units, so if your queue number is way out there, chances are you won’t be able to get your hands on a unit and will have to ballot again. When it comes time to show up at HDB Hub to book your flat, don’t forget to bring along your IC for identity verification. You may also need the following documents: \| \| \| \|---\|---\| \| Scenario \| Document required \| \| You are married \| Marriage certificate \| \| You are divorced \| Divorce certificate \| \| Your spouse is deceased \| Death certificate of spouse \| \| You are buying a flat under the Family Care Scheme (FCS) (Joint Balloting) or FCS (Proximity) \| Your birth certificate and your parents' marriage certificate \| \| You have applied for a flat under the Family and Parenthood Priority Scheme (FPPS) \| A doctor's certification of pregnancy or your child's birth certificate \| Once you’ve selected your unit, start the purchase process by paying the option fee on the spot. By securing the Option to Purchase (OTP), you get the right to purchase your flat. The amount which you have to pay depends on your flat type. Note that payment can only be made via NETS. - \$500 for 2-room flexi flats - \$1,000 for 3-room flats - \$2,000 for 4 room or larger flats ![Option to Purchase Option Fee](https://blog-cdn.moneysmart.sg/wp-content/uploads/2017/11/StepbyStep-BTO-v1_5.png) You will also apply for your CPF housing grants at this point. Make sure you [download the application forms for Enhanced CPF Housing Grant](https://www.hdb.gov.sg/-/media/doc/EAPG/ehg-form.pdf) and bring them along to your flat booking appointment. * ALSO READ: [HDB Grants Guide: What’s the Max CPF Housing Grant You Can Get?](https://blog.moneysmart.sg/property/hdb-cpf-housing-grant-guide/) * [Back to top](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#top) ## 8\. Sign BTO lease agreement, pay downpayment In the past, you’d have to make a trip back to HDB Hub to sign the lease agreement within 4 months of booking a flat. But now, the wait between flat booking and signing the lease agreement can be up to 9 months. Make sure you’ve gotten your HDB loan or bank loan arrangements in order by that time. On the day you sign the lease agreement, you’ll have to fork out the downpayment, as well as stamp duties and legal fees. ### Downpayment at the signing of Agreement for Lease You must make a portion of your [downpayment](https://blog.moneysmart.sg/home-loans/hdb-downpayment-guide/) on the day you sign the lease at HDB Hub. You'll pay the rest of your downpayment during key collection. How much your downpayment at the signing of your lease agreement will be depends on whether you’re taking out an HDB or a bank loan. - Buyers taking out HDB loan or no loan—10% of the purchase price (Cash and/or CPF). - Or 5% under the [Staggered Downpayment Scheme](https://blog.moneysmart.sg/home-loans/hdb-downpayment-guide/) (we'll elaborate below) - Or 2.5% under [deferred income assessment](https://blog.moneysmart.sg/property/hdb-housing-schemes-young-couples/) for students and NSFs (we'll also elaborate below) - Buyers taking out bank loan—20% (minimum 5% in cash, remaining 15% using CPF savings and/or cash) For those taking out a bank loan, the above scenario is based on a [Loan To Value (LTV) limit](https://blog.moneysmart.sg/property/terms-to-know-when-buying-a-house/) of 75%. The LTV determines how much you are able to borrow from the bank in order to finance your home purchase. ### Legal fees and stamp duties Your legal fees and stamp duty can be paid using a mixture of cash and CPF. The stamp duty rates are as follows: - First \$180,000: 1% - Next \$180,000: 2% - Next \$640,000: 3% - Next \$500,000: 4% - Next \$1,500,000: 5% - Remaining amount: 6% Use our handy [stamp duty calculator](https://www.moneysmart.sg/home-loan/stamp-duty-calculator) to figure out how much you'll need to pay. ### Staggered Downpayment Scheme If you’re a couple applying for a BTO for the first time before the younger applicant’s 30th birthday or an existing flat owner downgrading to a 3-room or smaller flat in a non-mature estate, you can apply for the [Staggered Downpayment Scheme](https://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/buying-procedure-for-new-flats/sign-agreement-for-lease?anchor=downpayment#:~:text=The%20Staggered%20Downpayment%20Scheme%20helps,key%20collection%20to%20your%20flat.). As the name implies, this allows you to split the downpayment into two payments: - First payment when signing the lease agreement - Second payment when you sign the Terms of Agreement and collect your keys If you’re wondering how this differs from the regular downpayment scheme, it lets you push a larger percentage of your downpayment to the day you collect your keys. For those taking out a bank loan, the following is the breakdown of payment: - Downpayment at signing of agreement for lease: 5% in cash + 5% using CPF OA savings or cash - Payment during collection of keys: 15% using CPF OA savings or cash However, if you’re taking out an HDB loan, the following applies: - Downpayment at signing of agreement for lease: 5% using CPF OA savings or cash - Payment during collection of keys: 15% using CPF OA savings or cash Now, all you can do is wait for your BTO flat to be completed. This stage typically takes a few years—I mean, it's called "build-to-order" for a reason. ### Staggered Downpayment Scheme (for young couples) If you and your boo are NSFs or fresh graduates, you're eligible for deferred income assessment. That means your initial downpayment at the lease agreement signing stage is even lower: - Downpayment at signing of agreement for lease: 2.5% using CPF OA savings or cash - Payment during collection of keys: 17.5% using CPF OA savings or cash That gives you guys more time to pool your savings and get together enough moolah for the remaining 17.5% you need to fork out during key collection. Read more about [HDB housing schemes to help young couples](https://blog.moneysmart.sg/property/hdb-housing-schemes-young-couples/). ### Deferred Downpayment Scheme (for seniors) The DDS is for seniors aged 55 years and above who are downsizing their flats. They should still own their existing flat at the time of application and have booked an uncompleted 3-room or smaller flat in an HDB sales exercise. Buyers who successfully apply for the DDS will only have to pay stamp duty and legal fees when they sign the Agreement for Lease. They only need to pay the purchase price of the flat upon collection of the keys. [Back to top](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#top) ## 9\. BTO key collection day\! At some point, HDB will notify you to say that you can pick up the keys to your unit. Hooray\! ### Payment during the collection of keys The day you collect your keys, years later, you’ll have to pay the following: - Buyers taking out HDB loan or no loan: 15% (CPF savings or cash) - Buyers taking out bank loan: 5% (CPF savings or cash) For those taking out a bank loan, the following example is based on an LTV limit of 75%. ### Selling your old flat and buying a new one If you already own an existing HDB flat, you must dispose of it within 6 months from your BTO flat completion. To help you out, HDB lets you take out a [Contra Payment Facility](https://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/buying-procedure-for-new-flats/key-collection?anchor=contra) that will enable you to save a bit of money while coordinating the sale of your first flat and the purchase of the new one. If you do not intend to take out a loan, you can opt for the [Temporary Loan Scheme](https://www.hdb.gov.sg/residential/buying-a-flat/buying-procedure-for-new-flats/key-collection#:~:text=Temporary%20Loan%20Scheme%20$TLS$,your%20existing%20flat%20is%20underway.) which will enable you to use the nett proceeds from the sale of your existing flat to pay for your new flat without having to take out a housing loan. As a second-time flat buyer, you’ll need to pay a [resale levy](https://www.hdb.gov.sg/residential/buying-a-flat/conditions-after-buying) when you sell your existing flat to buy a new one. The resale levy will be automatically deducted by the HDB from your sale proceeds. If there is any shortfall, this must be settled in cash. ### Other things to pay upon key collection When you collect the keys, you’ll also be charged the following: - [Survey fees](https://www.hdb.gov.sg/residential/buying-a-flat/buying-procedure-for-new-flats/key-collection)—You will need to pay \$164 to \$409, depending on flat type, for a surveyor to inspect the condition and value of your flat. This can be paid using CPF savings if you wish. \| Flat Type \| Survey Fee (inclusive of GST) \| \|---\|---\| \| 2-room Flexi/ Community Care Apartment \| \$163.50 \| \| 3-room \| \$231.60 \| \| 4-room \| \$299.75 \| \| 5-room \| \$354.25 \| \| Executive \| \$408.75 \| - Registration fees—You will have to pay a \$38.30 registration fee if you are using HDB’s lawyers. - Stamp duty for Deed of Assignment—This must be paid for anyone taking out a housing loan, and costs 0.40% of the loan amount up to a maximum of \$500. - Home Protection Scheme (HPS)—This mortgage-reducing insurance offered by the CPF Board is compulsory for those using CPF savings to repay their home loan. Premiums are to be paid using CPF savings and/or cash. Use [HDB's HPS calculator](https://www.cpf.gov.sg/member/tools-and-services/calculators/home-protection-scheme-premium-calculator) to find out how much you'd need to pay per year. - Fire Insurance—[Fire insurance](https://www.hdb.gov.sg/cs/infoweb/residential/living-in-an-hdb-flat/fire-insurance) is compulsory for those taking out HDB loan. You must produce your Certificate of Insurance from HDB's appointed insurer, Etiqa, on the day you collect your keys. The premiums range from \$1.11 for coverage of \$37,900 for a 1-room Community Care Apartment to \$6.68 for coverage of \$176,700 for an Executive or Multi-Generation flat. \| \| \| \| \|---\|---\|---\| \| Flat type \| Fire insurance premium for 5-year term (includes GST) \| Sum insured \| \| 1-Room/Community Care Apartment \| \$1.11 \| \$37,900 \| \| 2-Room/2-Room Flexi/ Studio Apartment \| \$1.99 \| \$57,000 \| \| 3-Room \| \$3.27 \| \$83,300 \| \| 4-Room/S1 \| \$4.59 \| \$117,000 \| \| 5-Room/S2/3Gen \| \$5.43 \| \$144,800 \| \| Executive/Multi-Generation \| \$6.68 \| \$176,700 \| [Back to top](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#top) ## 10\. What happens if you can’t sign the Agreement of Lease or collect your keys personally? You can sign an HDB Power of Attorney (POA) appointing another person to act on your behalf in specified matters. For instance, you might appoint someone to help you sign certain documents such as the Agreement to Lease. This might be necessary if you are not in Singapore on certain dates. You need to submit all your POA documents to HDB at least 2 weeks before your appointment, so plan ahead. There's also a good 8 documents (including photocopies) to submit, so get prepared early—read more about the [POA on HDB's website](https://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/buying-procedure-for-new-flats/sign-agreement-for-lease?anchor=poa). [Back to top](https://blog.moneysmart.sg/property/hdb-bto-flat-guide/#top) Found this article useful? Share this with fellow homeowners-to-be\!
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