The Housing Commission launched a total of 4,993 built-to-order (BTO) apartments for sale on Tuesday (August 30). This includes his two projects in Bukit Mela based on a prime location public housing (PLH) model. Subsidized clawback at the time of sale.
The units are spread across seven residential projects on six estates in their third sale of the year.
Two projects in the mature Bukit Merah real estate under the PLH model are subject to more stringent purchase and sale conditions.
The smaller of the two is Alexandra Vale, which offers 782 three- and four-room flats spread across two blocks of grounds next to Redhill MRT station. One of the blocks houses several rental apartments.
Pricing for this project is $385,000 to $477,000 for a 3-room flat and $547,000 to $705,000 for a 4-room flat without subsidies.
The project is estimated to be completed in the second quarter of 2028, so buyers will have to wait around 61 months (five years) for these flats.
The larger PLH project is Havelock Hillside, which consists of 869 3- and 4-room flats in two blocks located along Havelock Road within walking distance to Tiong Bahru MRT station. It is also used by the Havelock MRT station on the Thomson East Coast Line.
Pricing for this project ranges from $370,000 to $515,000 for a 3-room flat and $531,000 to $730,000 for a 4-room flat.
The project is estimated to be completed in the fourth quarter of 2028, so buyers will have to wait around 68 months (5.6 years) for these apartments.
The previous Bukit Merah BTO project, which was launched in May, was also under the PLH model and attracted considerable buyer interest due to its proximity to both Redhill and Tiong Bahru MRT stations.
Flat owners of both Bukit Mela BTO projects in this launch will be required to pay HDB 6% of the resale price or the appraisal value, whichever is higher, when they sell their homes on the open market for the first time. The subsidy clawback applies only to the initial resale transaction and not to subsequent sales. This is due to higher subsidy amounts given to first-time flat owners.
Owners are also subject to a 10-year Minimum Occupancy Period (MOP) before selling their apartments on the open market.
Standard BTO flats come with a 5-year MOP and no subsidized clawback clause.
Ang Mo Kio’s mature estate offers 896 2-room flexi, 4-room, 5-room and 3-generation flats in five blocks at Central Weave @ Ang Mo Kio.
Prices range from $535,000 to $676,000 for four rooms and $720,000 to $877,000 for five rooms.
The project is estimated to be completed in the second quarter of 2028, so buyers will have to wait around 60 months (5 years) for these flats.
The project is bounded by Ang Mo Kio Avenue 8 and Ang Mo Kio Central 2 and 3, about 10 minutes walk from Ang Mo Kio MRT Station on the North-South Line.
The 606 Ang Mo Kio households affected by the Selective Mass Redevelopment Plan (Sers) have the option to apply for these apartments.
Up to 10% of the flat rate supply for this project will be preferentially allocated based on the Resettlement, Relocation, Services and Tenant Preference Scheme.
Mature Tampines Real Estate offers 267 4-room and 5-room flats at Sun Plaza Spring, located between Tampines Street 41 and Tampines Street 42.
Prices start at $381,000 for 4 rooms and $520,000 for 5 rooms.
The project is estimated to be completed in the second quarter of 2026, so buyers will have to wait around 36 months (3 years) for these flats.
The launch includes three projects in the nascent real estate, with at least 95% of the four-room apartments and at least 85% of the three-room apartments reserved for first-time families.
Woodlands offers 630 two-, three- and four-room flats spread across six blocks on the Woodlands South Plains. The site is located on Woodlands Avenue 1, accessible from the Woodlands South MRT Station on the Thomson East Coast Line.
Prices start at $188,000 for 3 rooms and $303,000 for 4 rooms.
The project is estimated to be completed in the first quarter of 2027, so buyers will have to wait around 45 months (3.75 years) for these flats.
Choa Chu Kang offers 987 2 room flexi, 3 room, 4 room and 5 room at Keat Hong Grange, a site near ITE College West.
Prices start at $277,000 for 4 rooms and $390,000 for 5 rooms.
The project is estimated to be completed in the fourth quarter of 2026, so buyers will have to wait around 43 months (3.5 years) for these flats.
At Jurong East, 562 2-room flexi, 3-room and 4-room flats are offered at Jurong East Breeze, located on grounds along the Jurong East Center adjacent to the Pan Island Expressway.
Prices start at $194,000 for 3 rooms and $283,000 for 4 rooms.
The project is estimated to be completed in the second quarter of 2028, so buyers will have to wait around 60 months (5 years) for these flats.
Flat applications will close on September 5th at 11:59 PM on the HDB flat portal. Flats are assigned by voting.
Around 9,500 BTO apartments will be delivered in November in towns such as Bukit Batok, Kallang Whampoa, Queenstown, Tengah and Yishun.
HDB said it plans to launch up to 23,000 new apartments this year.
Approximately 2,900 to 3,900 BTO flats are expected to be offered in Kallang/Whampoa, Queenstown and Tenga next February.
