HDB launches over 5,700 BTO flats in five estates
SINGAPORE – A total of 5,795 Build-To-Order (BTO) apartments spread throughout 7 housing projects in 5 estates were introduced up for sale by the Housing Board (HDB) on Tuesday (Nov 17) in the final sales exercise for the year.
The biggest task is Bishan Ridges, where 1,502 two-room Flexi, three-room as well as four-room flats are on deal.
The website in Bishan Street 14 is next to the Kallang River and also regarding 400m or a five-minute stroll from Bishan MRT station.
Rates begin with $374,000, without grants, for a three-room flat and also $528,000 for a four-room level.
Prices are somewhat higher than the 472 devices in Bishan Street 11 introduced in the August BTO sales exercise, likely because of its distance to the MRT terminal. The costs for the August workout were from $302,000, without grants, for a three-room level and $484,000 for a four-room level.
The estimated conclusion date is in the 2nd quarter of 2026. When The Straits Times initially reported on the flats in October in 2014 prior to the Covid-19 pandemic hit, the apartments were because of prepare by 2025.
Besides Bishan, the other flats are spread out throughout the fully grown communities of Toa Payoh (Bidadari) and also Tampines, and the non-mature communities of Sembawang and also Tengah.
In Toa Payoh (Bidadari), there are two BTO projects. The smaller one is ParkView @ Bidadari, where some 358 three-room and also four-room flats are located alongside the upcoming Alkaff Lake, and also is within strolling range from Woodleigh MRT station.
The other is Bartley Beacon, with 880 three-room, four-room, and also five-room apartments on a site beside Maris Stella Secondary School, and is strolling range from Bartley MRT terminal.
In both areas, prices start from $324,000 for a three-room flat as well as $466,000 for a four-room flat.
Five-room flats in Bartley Sign begin with $627,000, making them the most pricey units in this launch.
Estimated conclusion dates for these Toa Payoh flats are in the first as well as second quarters of 2025.
In Tampines, 750 two-room Flexi, four-room as well as five-room apartments are on a deal at Tampines GreenEmerald, on a site bounded by Bedok Storage tank Road and Tampines Street 96.
Rates begin with $334,000 for a four-room flat and also $460,000 for a five-room level.
There are two housing projects in Tengah, both within the Garden District.
There is Garden Court @ Tengah with 790 two-room Flexi, three-room, four-room and also five-room apartments. Across from it is Garden Balcony @ Tengah with 789 two-room Flexi, three-room, four-room as well as five-room flats.
These apartments will be offered by Tengah Ranch MRT terminal and Hong Kah MRT station on the upcoming Jurong Region Line.
In both areas, prices begin with $108,000 for a two-room Flexi level as well as $394,000 for a five-room flat.
These apartments will certainly be the earliest to be ready in this launch around the initial quarter of 2024.
In Sembawang, 726 two-room Flexi, three-room, four-room, and also five-room apartments get on offer at Sunlight Sails. Prices begin with $92,000 for a two-room Flexi level and also $336,000 for a five-room level.
Furthermore, an additional 5,220 flats are on offer in this year’s first Sale of Equilibrium Flats (SBF) sales. The previous SBF exercise, which was typically kept in May, was delayed as a result of the Covid-19 pandemic.
These flats are spread throughout fully grown and also non-mature estates such as Marine Parade, Queenstown, Clementi, Punggol as well as Sengkang.
Applications for the flats close on Nov 23. The apartments will certainly be designated via balloting.
This BTO sales exercise comes after a combined sales workout in August, with the bigger apartments in Geylang and also Ang Mo Kio oversubscribed by 14 and also 10 times specifically.
PropNex chief executive Ismail Gafoor anticipates the flats in Bishan and Toa Payoh (Bidadari) to be the most fiercely disputed tasks as they remain in city fringe locations as well as are close to popular institutions.
Nonetheless, it remains to be seen if an upcoming funeral parlor complicated, which is slated to be finished in 2025, near the websites in Toa Payoh (Bidadari) would potentially deter some potential residence customers from applying, he added.
In total amount, the HDB has actually launched 16,752 BTO apartments this year, together with an additional 1,298 flats for open reservations that are readily available all year round and you can also book an appointment at Parc Central Residences Showflat.
In February next year, HDB will release some 3,500 flats in Bukit Batok, Tengah, Kallang/Whampoa and Toa Payoh (Bidadari).
One more 3,800 apartments will certainly be provided in Bukit Merah, Geylang, Tengah, and also Woodlands following May.
Parc Clematis Showflat is open for online booking. You can now register online to receive direct developer discount offers and prices.