New Reporter
20-10-23, 11:25
HDB to redevelop Tanglin Halt in Queenstown to offer up to 5,500 new flats
Oct 19, 2023
TANGLIN Halt, one of Singapore’s oldest public housing estates in Queenstown, will offer up to 5,500 new flats when fully developed, the Housing and Development Board (HDB) said on Thursday (Oct 19).
HDB plans to launch additional new flats as part of the Tanglin Halt integrated development in 2024.
“We expect the project to be launched under the Prime Location Housing (PLH) model, given its attractive location and the convenience of having integrated offerings such as a hawker centre, market, shops as well as a polyclinic,” said PropNex head of research and content Wong Siew Ying.
The integrated project will be situated on the site of the former Tanglin Halt Neighbourhood Centre, which comprises Commonwealth Drive Food Centre and the existing Tanglin Halt Market.
The redevelopment plans were officially announced by Tan Kiat How, Senior Minister of State for National Development, at HDB’s professional engagement and knowledge-sharing forum.
Huttons Asia’s senior director for data analytics Lee Sze Teck said the new blocks of flats at the integrated development could possibly exceed 40 storeys and may yield between 700 and 800 flats, adding that the types of flats may range from two-room flexi to four-room flats.
“Prices for a four-room flat could start from S$550,000 and be as high as S$720,000,” he added.
HDB recently launched the Tanglin Halt Cascadia public housing project nearby, which is part of the 5,500 new flats to be offered, in its October sales exercise for Build-To-Order (BTO) flats.
Tanglin Halt Cascadia falls under the PLH model and has 973 units of three-room and four-room flats, with a projected waiting time of 4.5 years.
This October’s BTO project has an application rate of 1.23 times, which is considered “moderate”, given the site’s city-fringe location in Queenstown, added PropNex’s Wong.
She expects the new flats at the Tanglin Halt integrated development to see “warmer response” when they are launched for sale, as buyers tend to be drawn to integrated developments.
Housing demand in Queenstown has been high, according to Mogul.sg’s chief research officer, Nicholas Mak. He added that the median prices of the three, four and five-room flats are higher than the nationwide median prices of the same flat types.
In the announcement, HDB said most stallholders from the food centre had relocated to the new Margaret Drive Hawker Centre within the SkyResidence @ Dawson development. Tanglin Halt Market, meanwhile, is still in operation.
To minimise disruption to the market’s stallholders, HDB will construct the new development in two phases. The first phase, which includes the new hawker centre and market, will start in 2024 on the site of the former Commonwealth Drive Food Centre.
When stall owners have moved to the new integrated development, HDB will start construction on the second phase, which involves the Tanglin Halt Market site.
The integrated development will incorporate elements of well-remembered spaces, such as the hexagonal shape of the former Commonwealth Drive Food Centre or the barrel vault shape of the Tanglin Halt Market, HDB said.
Plans to retain Tanglin Halt’s history and heritage are also underway, along with enhanced greenery.
This includes retaining the 10-storey height for new housing blocks near the Rail Corridor to pay homage to the old chap lau chu (Hokkien for 10-storey house), and incorporating street furniture and murals as part of key heritage elements.
Government agencies are also exploring adapting the use of Tanglin Halt residential blocks that hold historical significance, such as Block 69 and Block 70, for other social-communal uses.
HDB will also look at improving connectivity for pedestrians and cyclists between Commonwealth MRT station and the Rail Corridor.
It noted that the redevelopment plans will complement broader rejuvenation plans for Queenstown, which include adding more housing, greenery, amenities and facilities into the estate, while preserving as much of its history and heritage as possible.
https://www.businesstimes.com.sg/property/hdb-redevelop-tanglin-halt-queenstown-offer-5500-new-flats
Oct 19, 2023
TANGLIN Halt, one of Singapore’s oldest public housing estates in Queenstown, will offer up to 5,500 new flats when fully developed, the Housing and Development Board (HDB) said on Thursday (Oct 19).
HDB plans to launch additional new flats as part of the Tanglin Halt integrated development in 2024.
“We expect the project to be launched under the Prime Location Housing (PLH) model, given its attractive location and the convenience of having integrated offerings such as a hawker centre, market, shops as well as a polyclinic,” said PropNex head of research and content Wong Siew Ying.
The integrated project will be situated on the site of the former Tanglin Halt Neighbourhood Centre, which comprises Commonwealth Drive Food Centre and the existing Tanglin Halt Market.
The redevelopment plans were officially announced by Tan Kiat How, Senior Minister of State for National Development, at HDB’s professional engagement and knowledge-sharing forum.
Huttons Asia’s senior director for data analytics Lee Sze Teck said the new blocks of flats at the integrated development could possibly exceed 40 storeys and may yield between 700 and 800 flats, adding that the types of flats may range from two-room flexi to four-room flats.
“Prices for a four-room flat could start from S$550,000 and be as high as S$720,000,” he added.
HDB recently launched the Tanglin Halt Cascadia public housing project nearby, which is part of the 5,500 new flats to be offered, in its October sales exercise for Build-To-Order (BTO) flats.
Tanglin Halt Cascadia falls under the PLH model and has 973 units of three-room and four-room flats, with a projected waiting time of 4.5 years.
This October’s BTO project has an application rate of 1.23 times, which is considered “moderate”, given the site’s city-fringe location in Queenstown, added PropNex’s Wong.
She expects the new flats at the Tanglin Halt integrated development to see “warmer response” when they are launched for sale, as buyers tend to be drawn to integrated developments.
Housing demand in Queenstown has been high, according to Mogul.sg’s chief research officer, Nicholas Mak. He added that the median prices of the three, four and five-room flats are higher than the nationwide median prices of the same flat types.
In the announcement, HDB said most stallholders from the food centre had relocated to the new Margaret Drive Hawker Centre within the SkyResidence @ Dawson development. Tanglin Halt Market, meanwhile, is still in operation.
To minimise disruption to the market’s stallholders, HDB will construct the new development in two phases. The first phase, which includes the new hawker centre and market, will start in 2024 on the site of the former Commonwealth Drive Food Centre.
When stall owners have moved to the new integrated development, HDB will start construction on the second phase, which involves the Tanglin Halt Market site.
The integrated development will incorporate elements of well-remembered spaces, such as the hexagonal shape of the former Commonwealth Drive Food Centre or the barrel vault shape of the Tanglin Halt Market, HDB said.
Plans to retain Tanglin Halt’s history and heritage are also underway, along with enhanced greenery.
This includes retaining the 10-storey height for new housing blocks near the Rail Corridor to pay homage to the old chap lau chu (Hokkien for 10-storey house), and incorporating street furniture and murals as part of key heritage elements.
Government agencies are also exploring adapting the use of Tanglin Halt residential blocks that hold historical significance, such as Block 69 and Block 70, for other social-communal uses.
HDB will also look at improving connectivity for pedestrians and cyclists between Commonwealth MRT station and the Rail Corridor.
It noted that the redevelopment plans will complement broader rejuvenation plans for Queenstown, which include adding more housing, greenery, amenities and facilities into the estate, while preserving as much of its history and heritage as possible.
https://www.businesstimes.com.sg/property/hdb-redevelop-tanglin-halt-queenstown-offer-5500-new-flats