Showing posts with label BTO Projects. Show all posts
Showing posts with label BTO Projects. Show all posts
Thursday, May 31, 2012
Wednesday, May 30, 2012
HDB Launches 6 BTO Projects
As published in CNA
30 May 2012
SINGAPORE: The Housing and Development Board (HDB) has launched six Build-To-Order (BTO) projects, offering 4,627 new flats.
The flats, which range from studio apartments to 5-room units, are in four estates -- Choa Chua Kang, Sengkang, Punggol and Kallang/Whampoa.
Prices start from S$124,000 for a studio apartment in McNair Towers in Kallang/Whampoa.
A 4-room flat in Compassvale Boardwalk in Sengkang, a non-mature town, is priced between S$275,000 and S$335,000, while a 4-room flat in McNair Towers in Kallang/Whampoa, a mature town, is priced between S$467,000 and S$595,000.
Punggol Edge will offer both rental and flats for home ownership. HDB said there will be more of such developments.
It said to ensure first-timers continue to enjoy priority in flat allocation, at least 95 per cent of BTO flats in mature towns and 85 per cent in non-mature estates will be set aside for them.
Eligible first-timer households can also enjoy various housing grants to help them own a new BTO flat.
Applications for flats in the May BTO launch can be submitted from Wednesday to June 5.
HDB will be offering some 3,900 new flats at the next BTO launch in July in the towns of Bedok, Bukit Merah, Clementi, Geylang and Punggol.
30 May 2012
SINGAPORE: The Housing and Development Board (HDB) has launched six Build-To-Order (BTO) projects, offering 4,627 new flats.
The flats, which range from studio apartments to 5-room units, are in four estates -- Choa Chua Kang, Sengkang, Punggol and Kallang/Whampoa.
Prices start from S$124,000 for a studio apartment in McNair Towers in Kallang/Whampoa.
A 4-room flat in Compassvale Boardwalk in Sengkang, a non-mature town, is priced between S$275,000 and S$335,000, while a 4-room flat in McNair Towers in Kallang/Whampoa, a mature town, is priced between S$467,000 and S$595,000.
Punggol Edge will offer both rental and flats for home ownership. HDB said there will be more of such developments.
It said to ensure first-timers continue to enjoy priority in flat allocation, at least 95 per cent of BTO flats in mature towns and 85 per cent in non-mature estates will be set aside for them.
Eligible first-timer households can also enjoy various housing grants to help them own a new BTO flat.
Applications for flats in the May BTO launch can be submitted from Wednesday to June 5.
HDB will be offering some 3,900 new flats at the next BTO launch in July in the towns of Bedok, Bukit Merah, Clementi, Geylang and Punggol.
Monday, May 21, 2012
Sunday, May 20, 2012
Sunday, January 15, 2012
Thursday, January 12, 2012
Five BTO projects launched, offering 3,923 flats
Posted on CNA: 11 January 2012
By Qiuyi Tan
SINGAPORE: The Housing and Development Board (HDB) launched five Build-To-Order (BTO) projects on Wednesday.
The BTO launch, the first this year, offers 3,923 new flats in Choa Chu Kang, Punggol, Sengkang and Tampines.
And a further 4,110 new flats will be offered for sale in the next BTO launch in March, in Bedok, Bukit Batok, Bukit Panjang, Bukit Timah, Clementi, Geylang and Toa Payoh.
In total, HDB plans to offer 25,000 BTO units for the entire year.
HDB says at least 95 per cent of the flat supply (excluding Studio Apartments) will be set aside for first-timer households. Eligible first-timer households can also enjoy various housing grants to help them own a new BTO flat.
The projects launched on Wednesday are Fernvale Lea in Sengkang, Sunshine Gardens in Choa Chu Kang, Tampines Alcoves and Tampines GreenTerrace in Tampines, and Waterway Sunbeam in Punggol.
The selling prices for units at Fernvale Lea range from S$83,000 for a 2-room unit to S$283,000 for a 5-room unit.
For Sunshine Gardens, the price range is from S$77,000 for Studio Apartments to S$295,000 for a 5-room unit.
For units at Tampines Alcoves and Tampines GreenTerrace, the price range is from S$86,000 for Studio Apartments to S$292,000 for a 4-room unit.
And at Waterway Sunbeam, the price range is from S$152,000 for a 3-room unit to S$340,000 for a 5-room unit.
All these prices exclude grants.
Analysts expect strong demand for the Tampines projects, but the other projects are not likely to see 100 per cent take-up rate.
Mr Lim Yong Hock, senior vice president at PropNex Realty, said: "We can see the take-up rate has moderated over the last one year, from subscription of more than five times. Now, we have moderated down to one-over times.
"I believe today's launch will probably see further moderation of the take-up rates. But of course, in a good location, the take-up rate will still be very strong, like Tampines (Alcoves). It's a hot location and it's also near a future MRT station, Tampines West."
Mr Lim said applicants are being more selective as more BTO projects, some of them in mature estates, are in the pipeline.
He added: "Of course, everybody hopes to apply for a good location. So some of them may even wait for the March launch before they even put in their applications."
The vast majority of new flats are reserved for first-time applicants, and only five per cent go to second-timers.
If take-up rates continue to moderate, analysts expect the government to start allocating more flats for second-timers as early as the first half of the year.
Minister for National Development Khaw Boon Wan had said in his blog last year that second-timers can expect more BTO flats to be reserved for them, starting 2012.
More information is available on HDB InfoWEB.
Applications and enquiries for Wednesday's BTO launch can be submitted online from January 11 to January 17.
For enquiries, the public can:
- Log on to www.hdb.gov.sg/esales; or
- E-mail hdbsales@hdb.gov.sg; or
- Visit the HDB Sales Office to speak with our Customer Service Officers during office hours (Mon to Fri 8 am to 5 pm, Saturday 8 am to 1 pm).
- CNA/fa/ck
By Qiuyi Tan
SINGAPORE: The Housing and Development Board (HDB) launched five Build-To-Order (BTO) projects on Wednesday.
The BTO launch, the first this year, offers 3,923 new flats in Choa Chu Kang, Punggol, Sengkang and Tampines.
And a further 4,110 new flats will be offered for sale in the next BTO launch in March, in Bedok, Bukit Batok, Bukit Panjang, Bukit Timah, Clementi, Geylang and Toa Payoh.
In total, HDB plans to offer 25,000 BTO units for the entire year.
HDB says at least 95 per cent of the flat supply (excluding Studio Apartments) will be set aside for first-timer households. Eligible first-timer households can also enjoy various housing grants to help them own a new BTO flat.
The projects launched on Wednesday are Fernvale Lea in Sengkang, Sunshine Gardens in Choa Chu Kang, Tampines Alcoves and Tampines GreenTerrace in Tampines, and Waterway Sunbeam in Punggol.
The selling prices for units at Fernvale Lea range from S$83,000 for a 2-room unit to S$283,000 for a 5-room unit.
For Sunshine Gardens, the price range is from S$77,000 for Studio Apartments to S$295,000 for a 5-room unit.
For units at Tampines Alcoves and Tampines GreenTerrace, the price range is from S$86,000 for Studio Apartments to S$292,000 for a 4-room unit.
And at Waterway Sunbeam, the price range is from S$152,000 for a 3-room unit to S$340,000 for a 5-room unit.
All these prices exclude grants.
Analysts expect strong demand for the Tampines projects, but the other projects are not likely to see 100 per cent take-up rate.
Mr Lim Yong Hock, senior vice president at PropNex Realty, said: "We can see the take-up rate has moderated over the last one year, from subscription of more than five times. Now, we have moderated down to one-over times.
"I believe today's launch will probably see further moderation of the take-up rates. But of course, in a good location, the take-up rate will still be very strong, like Tampines (Alcoves). It's a hot location and it's also near a future MRT station, Tampines West."
Mr Lim said applicants are being more selective as more BTO projects, some of them in mature estates, are in the pipeline.
He added: "Of course, everybody hopes to apply for a good location. So some of them may even wait for the March launch before they even put in their applications."
The vast majority of new flats are reserved for first-time applicants, and only five per cent go to second-timers.
If take-up rates continue to moderate, analysts expect the government to start allocating more flats for second-timers as early as the first half of the year.
Minister for National Development Khaw Boon Wan had said in his blog last year that second-timers can expect more BTO flats to be reserved for them, starting 2012.
More information is available on HDB InfoWEB.
Applications and enquiries for Wednesday's BTO launch can be submitted online from January 11 to January 17.
For enquiries, the public can:
- Log on to www.hdb.gov.sg/esales; or
- E-mail hdbsales@hdb.gov.sg; or
- Visit the HDB Sales Office to speak with our Customer Service Officers during office hours (Mon to Fri 8 am to 5 pm, Saturday 8 am to 1 pm).
- CNA/fa/ck
Saturday, November 26, 2011
Friday, November 25, 2011
Monday, September 26, 2011
Sunday, September 25, 2011
Thursday, August 11, 2011
Facebook Groups
Quite a number of us are such Facebook junkies these days, that part of our life revolves around it. What better way to connect with your current neighbours or would be neighbours then than to do it on this media platform. :)
Click below to be redirected to the Facebook pages of some punggol groups.
Click below to be redirected to the Facebook pages of some punggol groups.
Wednesday, June 01, 2011
Largest-ever BTO launch
As published in CNA
27 May 2011
SINGAPORE: The HDB is offering homebuyers close to 4,000 new flats in six Build-to-Order (BTO) projects launched on Friday - the largest supply of BTO flats in a single launch.
It surpasses the 3,185 BTO flats offered last month.
The BTO projects launched on Friday are at Costa Ris and Golden Lily in Pasir Ris, Punggol Parcvista, Tampines GreenLeaf, Tampines GreenWood, and Woodlands Peak.
At least 95 per cent of the public flat supply will be set aside for first-time buyers.
HDB said Friday's launch offers flats in various locations and sizes to meet the different needs of home-seekers - low-income families, those aspiring for something better, and the elderly.
Prices range from S$76,000 for a studio apartment and from S$335,000 for a 5-room unit.
First-time buyers can take advantage of various housing grants to reduce the cost of owning a new BTO flat.
For instance, households earning up to S$5,000 per month can apply for the Additional CPF Housing Grant (AHG) worth up to S$40,000, which can be used to offset the initial downpayment.
Over and above the AHG, first-timer families earning between S$1,501 and S$2,250 monthly can also apply for the Special CPF Housing Grant (SHG) if they choose to buy a 3-room standard flat in Punggol Parcvista and Woodlands Peak.
With Friday's launch, HDB has released about 12,000 BTO flats in the first five months of 2011. This is more than half of HDB's earlier target of launching 22,000 flats for 2011.
In view of strong demand, HDB is ramping up its flat supply by a further 3,000 flats for this year.
This increases the full-year's BTO supply for 2011 by about 15 per cent, to 25,000 units. This is more than the number of units in Clementi town today.
HDB had announced earlier that 22,000 new BTO flats will be launched this year. All of these will now be launched by September 2011 instead of by the end of the year.
The BTO supply will be supplemented by housing units offered under the Design, Build and Sell Scheme (DBSS) and the Executive Condominium (EC) Housing Scheme.
For 2011, land sites for 4,000 DBSS flats and 4,000 EC units are scheduled for sale.
Commenting on the BTO launch, PropNex corporate communications manager Mr Adam Tan said: "The government has certainly responded to the public's demand for affordable housing, especially for first-time buyers. This is especially so, given that at least 95% of the units, or 3,759 flats, will be set aside for these first-timers."
He noted that Cash Over Valuation or COV prices are bottoming out at around $21,000 "and many first-time buyers will still be priced out of the resale market". Therefore, there will be relief among this group from the bumper crop of BTO flats.
Mr Tan also said the government is heeding the demand from first-time buyers who are asking for more BTO flats in a greater variety of areas. He noted that the six BTO projects are spread out over four estates, namely Punggol , Pasir Ris, Tampines and Woodlands, giving first-time buyers plenty of choices in relatively popular neighbourhoods.
Mr Tan said the projects should see a huge take-up rate from potential buyers as they are in estates which are rather well-developed.
They are also going at prices around 14% to 35% cheaper than similar resale flats in their areas, based on the transactions conducted in the first three months of this year.
"The 3-room flats in Tampines GreenLeaf and Tampines GreenWood, for example, are a whopping 35% cheaper than resale flats in that town," revealed Mr Tan, "and should therefore be very popular with the first-time buyers with a tight budget. For the reason of cost-effective pricing, the flats in Punggol Parcvista and Woodlands Peak should also see high subscription rates, having prices between 25% and 30% cheaper than similar flats in the vicinity."
Propnex also described as bold the move by HDB to offer 15 per cent more BTO flats this year than planned.
- CNA/ir
27 May 2011
SINGAPORE: The HDB is offering homebuyers close to 4,000 new flats in six Build-to-Order (BTO) projects launched on Friday - the largest supply of BTO flats in a single launch.
It surpasses the 3,185 BTO flats offered last month.
The BTO projects launched on Friday are at Costa Ris and Golden Lily in Pasir Ris, Punggol Parcvista, Tampines GreenLeaf, Tampines GreenWood, and Woodlands Peak.
At least 95 per cent of the public flat supply will be set aside for first-time buyers.
HDB said Friday's launch offers flats in various locations and sizes to meet the different needs of home-seekers - low-income families, those aspiring for something better, and the elderly.
Prices range from S$76,000 for a studio apartment and from S$335,000 for a 5-room unit.
First-time buyers can take advantage of various housing grants to reduce the cost of owning a new BTO flat.
For instance, households earning up to S$5,000 per month can apply for the Additional CPF Housing Grant (AHG) worth up to S$40,000, which can be used to offset the initial downpayment.
Over and above the AHG, first-timer families earning between S$1,501 and S$2,250 monthly can also apply for the Special CPF Housing Grant (SHG) if they choose to buy a 3-room standard flat in Punggol Parcvista and Woodlands Peak.
With Friday's launch, HDB has released about 12,000 BTO flats in the first five months of 2011. This is more than half of HDB's earlier target of launching 22,000 flats for 2011.
In view of strong demand, HDB is ramping up its flat supply by a further 3,000 flats for this year.
This increases the full-year's BTO supply for 2011 by about 15 per cent, to 25,000 units. This is more than the number of units in Clementi town today.
HDB had announced earlier that 22,000 new BTO flats will be launched this year. All of these will now be launched by September 2011 instead of by the end of the year.
The BTO supply will be supplemented by housing units offered under the Design, Build and Sell Scheme (DBSS) and the Executive Condominium (EC) Housing Scheme.
For 2011, land sites for 4,000 DBSS flats and 4,000 EC units are scheduled for sale.
Commenting on the BTO launch, PropNex corporate communications manager Mr Adam Tan said: "The government has certainly responded to the public's demand for affordable housing, especially for first-time buyers. This is especially so, given that at least 95% of the units, or 3,759 flats, will be set aside for these first-timers."
He noted that Cash Over Valuation or COV prices are bottoming out at around $21,000 "and many first-time buyers will still be priced out of the resale market". Therefore, there will be relief among this group from the bumper crop of BTO flats.
Mr Tan also said the government is heeding the demand from first-time buyers who are asking for more BTO flats in a greater variety of areas. He noted that the six BTO projects are spread out over four estates, namely Punggol , Pasir Ris, Tampines and Woodlands, giving first-time buyers plenty of choices in relatively popular neighbourhoods.
Mr Tan said the projects should see a huge take-up rate from potential buyers as they are in estates which are rather well-developed.
They are also going at prices around 14% to 35% cheaper than similar resale flats in their areas, based on the transactions conducted in the first three months of this year.
"The 3-room flats in Tampines GreenLeaf and Tampines GreenWood, for example, are a whopping 35% cheaper than resale flats in that town," revealed Mr Tan, "and should therefore be very popular with the first-time buyers with a tight budget. For the reason of cost-effective pricing, the flats in Punggol Parcvista and Woodlands Peak should also see high subscription rates, having prices between 25% and 30% cheaper than similar flats in the vicinity."
Propnex also described as bold the move by HDB to offer 15 per cent more BTO flats this year than planned.
- CNA/ir
Wednesday, December 22, 2010
New BTO project in Punggol
Presenting Punggol Topaz, HDB’s latest Build-To-Order (BTO) project and the latest gem in the Eco-Town
of Punggol. With the best of urban living brought to you amid plenty of green spaces, this new development is set to dazzle. Accessories include commercial and recreational facilities within the development, as well as the nearby upcoming Town Centre, Punggol Promenade and My Waterway@Punggol.
Choose from a collection of 3-room, 4-room and 5-room Standard Flats. Apply online by 4 Jan 2011.
To find out more, visit HDB's Build-To-Order Exhibition now on till 4 Jan 2011 at the Habitat Forum*, BizFour 3rd Storey, HDB Hub. You can also view the perspectives and sample finishes there. 3D models will be available for viewing during the selection exercise.
*Opening Hours: Mon to Fri, Christmas Eve and New Year's Eve - 8am to 5pm; Sat - 8am to 1pm; Christmas, New Year's Day, Sun & Public Holidays – Closed.
of Punggol. With the best of urban living brought to you amid plenty of green spaces, this new development is set to dazzle. Accessories include commercial and recreational facilities within the development, as well as the nearby upcoming Town Centre, Punggol Promenade and My Waterway@Punggol.
Choose from a collection of 3-room, 4-room and 5-room Standard Flats. Apply online by 4 Jan 2011.
To find out more, visit HDB's Build-To-Order Exhibition now on till 4 Jan 2011 at the Habitat Forum*, BizFour 3rd Storey, HDB Hub. You can also view the perspectives and sample finishes there. 3D models will be available for viewing during the selection exercise.
*Opening Hours: Mon to Fri, Christmas Eve and New Year's Eve - 8am to 5pm; Sat - 8am to 1pm; Christmas, New Year's Day, Sun & Public Holidays – Closed.
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