Wednesday, May 30, 2012
AsiaOne
HDB launches 6 new BTO projects
The Housing Board (HDB) launched six BTO projects today, offering 4,627 new flats in three non-mature towns (Choa Chu Kang, Punggol, and Sengkang) and one mature town (Kallang/Whampoa).
This is the third BTO launch this year.
At least 95 per cent and 85 per cent of the BTO flat supply (excluding Studio Apartments) in mature towns and non-mature towns respectively will be set aside for first-timers. Eligible first-timer households can also enjoy various housing grants to help them own a new BTO flat.
Compassvale Boardwalk will have 4-room and 5-room flats ranging from $275,000 to $334,000. Bounded by Sengkang East Road, Compassvale Street and Compassvale Crescent, it is a standard contract with 474 flats, comprising 252 units of 4-room and 222 units of 5-room flats. A childcare centre will be provided in this development, with the Cheng Lim LRT station within walking distance.
Keat Hong Pride is located along Brickland Road and Choa Chu Kang Avenue 6. It is a standard contract with 1,143 flats, comprising 80 units of 3-room, 656 units of 4-room and 407 units of 5-room flats. An eating house, mini-mart, shops, a childcare centre and a Residents' Committee (RC) centre will be provided. The Keat Hong LRT and South View LRT stations are near to the development. Prices will range from $138,000 to $274,000.
Prices for Punggol Edge & Waterway SunDew, which are designed with eco-friendly features, will range from $163,000 to $316,000.
Punggol Edge, which is bounded by Edgedale Plains and Tampines Expressway (TPE), s a standard contract with a mix of homeownership flats (5 blocks with 688 flats comprising 128 units of 3-room, 400 units of 4-room and 160 units of 5-room flats offered for sale under May 2012 BTO Exercise) and one block of 446 rental flats comprising 170 units of 1-room rental flats and 276 units of 2-room rental flats). A mini-mart and shops will be provided in this development.
HDB says Punggol Edge is not the first contract where HDB build both homeownership flats (to be offered under BTO) and rental flats. It will also continue to offer such developments.
The other project, Waterway SunDew is located at Edgedale Plains and fronting My Waterway@Punggol in Punggol Town. It is a premium contract with 837 flats, comprising 152 units of 3-room, 423 units of 4-room and 262 units of 5-room flats. A supermarket, an eating house, shops and a Residents' Committee (RC) centre will be provided in this development.
Bendemeer Light, located along Bendemeer Road, is a standard contract with 624 flats, comprising 212 units of 3-room and 412 units of 4-room flats. Prices will range from $322,000 to $452,000.
Located at McNair Road and next to Sungei Whampoa is McNair Towers. It is a premium contract with 861 flats, comprising 270 units of Studio Apartments, 115 units of 3-room and 476 units of 4-room flats. An Integrated Day Care & Service Centre for Seniors will be provided in this development. Studio apartments will cost $124,000 while prices for the three- and four-room flats will range from $322,000 to $452,000.
Applications for the new flats launched can be submitted online from today, May 30 until Tuesday, June 5.
HDB will be offering about 3,900 new flats for sale in Bedok, Bukit Merah, Clementi, Geylang, and Punggol in July this year.
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