7 BTO projects of nearly 4100 flats will be available in Feb
This project is the largest of all. It will consist of 1,120 units in Woodlands. These flats include two-room flexible, three-room, four-room, and five-room apartments. This project will be built on Woodgrove Avenue and Rosewood Drive.
Choa Chu Kang offers 460 two-room, three-room, and four-room flats next to the Pang Sua Canal. Next to the development is the Rail Corridor – a popular hiking route.
This is the final and third project of the new housing development built on Pang Sua Woodland. Urban Redevelopment Authority’s masterplan for this site in 2019 did not include any green space. HDB changed its plans to include 2ha of greenery in July 2022 after a public and environmental feedback study.
Finally, approximately 350 two room flexi, four and three room flats will also be launched on Hougang street 13. Bartley MRT Station is about 850m distant.
Around 4,100 units will be sold in seven Build to Order (BTO), BTO, developments in February 2024. This includes flats at an integrated project in Tanglin Halt as well as two projects in Bedok.
Rail Green I & II @ CCK are the first two projects of the estate. They were released for sale in October.
In this sales exercise, larger flats within the development with a railway theme were most popular. Around 1.7 new applicants vied for each one of the 544 flats that had five rooms and three generations.
The last BTO Project in Punggol started in 2019. It could mean that there is some pent-up need.
The project does not have a MRT station or LRT, so this could be an issue for the applicants.
HDB announced plans in October for the integrated development. This is a key element of the revitalized property.
The site is located between Tanglin Halt Road, and Commonwealth Drive. It’s a 5-minute walk to Commonwealth MRT station. Uncertain is if the site will offer more units in future launches.
The second BTO project will take place in Tanglin Halt. As part of redevelopment projects over the next 10-15 years, up to 5,500 new flats will also be constructed.
The project will include 1,120 apartments in Woodlands and flats next to the Punggol reservoir in Sumang.
Housing Board published on its site on December 5 details of seven new projects to be launched during the first BTO exercise of 2024. It will sell flats in Bedok and Queenstown as well Choa Chu Kang Hougang Punggol Woodlands.
On the site of Tanglin Halt – one of Singapore’s oldest housing estates, Queenstown – will be the launch of 250 two-room and four-room flexi flats.
The integrated development that will rise on the former Tanglin Halt Neighbourhood Centre will feature HDB flats as well shops, a market and hawker centre. Queenstown Polyclinic on Stirling Road will be relocated into the complex.
Property analysts say the project will likely launch under the model of public housing in prime locations, following the Tanglin Cascadia BTO launched in October.
In Bedok, there will be a total 950 two-room, four-room, and five-room apartments spread over the two plots.
A project will be built near Bedok Reservoir Station, which is located between Bedok North Street 3 (the street that borders the Pan-Island Expressway) and Bedok North Street 3. It will be next to Yu Neng Elementary School.
The other is in New Upper Changi Road next to Bedok Green School, two bus stops from Bedok Integrated Transport Hub.
HDB plans to launch in Punggol a 960 unit project at Sumang Lane. It will be located on a site next to Punggol Reservoir. The development includes two-room flexible, three, four and five-room apartments.
These flats come with additional subsidies and stricter conditions for resale, including a minimum of 10 years’ occupation and a clawback subsidy, usually set at 6 percent.
Due to its proximity of amenities and 300m to the MRT Station, this development should prove popular among buyers.