Indept Analysis on the Latest Nov BTO Launch by HDB
Having read several reports and articles about the upcoming BTO launch, I would like to provide some insight into this event. This is to provide a useful point of reference for buyers and sellers to make informed decisions. Moreover, I would also like to provide some tips to buyers to help them avoid common mistakes.
Ang Mo Kio
Ang Mo Kio is a popular mature estate. It has a wide range of amenities and parks. It also offers good connectivity to the city centre. This will be an ideal place to settle down if you are looking for a larger flat.
There are two HDB BTO projects in this launch – Central Weave @ AMK and Keat Hong Grange. These two projects are offered under the Prime Location Public Housing (PLH) model. They are designed to keep new public housing affordable for a wide range of Singaporeans. They also come with a 10-year Maintenance and Occupancy Period (MOP).
In terms of location, Central Weave @ AMK is located in a popular mature estate. It is just minutes away from Ang Mo Kio MRT station and the Ang Mo Kio Polyclinic. The Ang Mo Kio Public Library is also nearby. It is also near various schools.
During the Nov BTO, five new projects will be launched. Some of the projects are under the PLH model, which may mean that a large windfall could be waiting for flat buyers.
The Yishun area will be home to three Nov BTO launch sites. Two of them are located in the vicinity of MRT stations, while the other one is located in a non-mature estate. Despite these advantages, these projects may not be a hot ticket.
Tengah is an estate that is being developed into a residential area. It has a good location near Tengah Plantation MRT station. Young families are likely to be drawn to this estate. It is also located near an integrated community hub. The estate will also have a sports hub and medical facilities.
Interested buyers should look forward to the next BTO exercise in August 2019. This one, which will be held in a competitive location, will offer more than 1,500 units for sale. The exercise will also have plenty of amenities.
This is the largest BTO exercise that HDB has launched in the last 10 years. The total number of BTO units is expected to increase by about 6,000 during the next three years.
The BTO exercise is expected to be well received. Aside from the usual perks of a new HDB flat, buyers will be able to enjoy the benefits of a new integrated development. The project will also include green spaces and community farming facilities.
The August 2020 BTO exercise is expected to be very competitive, with a limited number of units available. However, we think that Sembawang BTO flats will be more affordable than Tengah BTO flats. Sembawang offers a number of amenities, but the location is also a bit of a drive away from the city. In addition, the average plot ratio of Sembawang BTO flats is lower than that of surrounding HDB flats.
Ghim Moh Natura
During its latest November BTO launch, HDB is also launching two non-mature estates, Ghim Moh Natura and Ghim Moh Ascent. Both projects fall under the Prime Location Public Housing (PLH) model. The projects are well served by existing facilities, such as schools and hospitals.
The projects are located within five to 10 minutes’ walk from MRT stations. There are also bus services within reach. The PLH model is being launched in tandem with HDB’s Build-to-Order (BTO) exercise, which began in May 2022.
The projects will be divided into two sections: the eastern half and the western half. The eastern half will be developed for public housing, while the western half will be set aside for a nature park. This will also help to protect the biodiversity in the area.
Despite its quaint charms, Tengah is an estate that’s still being developed. In fact, it’s the newest HDB town in Singapore. The area is surrounded by lush greenery and a number of parks. The estate also comes with a proposed primary school.
The launch of the Tengah estate comes as part of HDB’s ongoing BTO exercise. The new launch is one of the largest of this BTO season. It will consist of over 11,015 flats, of which 5,220 units are BTO units. In addition, there are also some non-mature estates included in the launch. Some of these non-mature estates include Bukit Batok and Yishun.
Tengah offers three flat types – a 3-Room Flexi, a 4-Room Flexi and a 5-Room Flexi. These flat types can help people to maximise their space and comfort. Moreover, these flat types are a lot cheaper than resale flats.