HDB launches over 3,000 BTO flats in first exercise for 2020

Units spread across two projects in mature estate of Toa Payoh and in Sembawang

WED, FEB 12, 2020

THE Housing and Development Board (HDB) launched 3,095 Build-To-Order (BTO) flats in the first sales exercise of the year on Tuesday.

The flats are spread across two housing projects in the mature estate of Toa Payoh - one in Kim Keat and another near Caldecott - and one project in Sembawang.

In Toa Payoh, some 920 two-room flexi, three-room and four-room flats are on offer in Toa Payoh Ridge, located on a site between Caldecott and Braddell MRT stations.

The site in Kim Keat, named Kim Keat Ripples, has 708 units in two-room flexi and four-room flat types.

In both Toa Payoh locations, prices start at S$90,000, excluding grants, for a two-room flexi and S$395,000 for a four-room flat.

Toa Payoh is slated for a makeover under HDB's Remaking our Heartland programme, where new residential developments and facilities will be introduced to rejuvenate the town.

The last BTO launch for Toa Payoh was the 542-unit Kim Keat Beacon in May 2018. In that exercise, the four-room flats were four times oversubscribed.

In Sembawang, the 1,467 units on offer range from two-room flexi to five-room, including 45 three-generation flats.

The project, called Canberra Vista, is next to the newly opened Canberra MRT station.

Prices start at S$89,000, excluding grants, for a two-room flexi flat, S$272,000 for a four-room flat and S$355,000 for a three-generation flat.

It is near the upcoming Bukit Canberra, a 12-ha integrated sports and community hub, slated for progressive completion from the second half of this year.

Application for the flats close on Feb 17.

In May, HDB will offer another 3,750 BTO flats in Choa Chu Kang, Tengah, Pasir Ris and Tampines.

A further 4,080 BTO flats in Woodlands, Ang Mo Kio, Bishan, Geylang, Tampines will be released in August. THE STRAITS TIMES