HDB launches three BTO projects

HDB has launched three built-to-order (BTO) projects — Golden Daisy in Bukit Batok, Orchid Spring @ Yishun and Vista Spring @ Yishun — offering a total of 1,728 standard flats.

This comprises 180 studio apartments, 192 two-room, 252 three-room, 828 four-room and 276 five-room flats.

HDB said 95 percent of the flat supply, excluding studio apartments, will be reserved for first-time households.

Located along Bukit Batok Street 21, Golden Daisy will offer 180 studio apartments, with prices ranging between S$83,000 and S$118,000.

Mr. Adam Tan, Corporate Communications Manager at PropNex, said “the 180 units at Golden Daisy, at a median price of around S$100,000, are clearly targeted at senior citizens.”
 
Mr. Tan, however, does not expect units at the project to see high-over-subscription rates, as studio apartments are never in high demand.

Located along Yishun Avenue 11, Orchid Spring @ Yishun is a standard contract with 948 units of new flats, which comprise 192 two-room, 252 three-room and 504 four-room flats. The precinct will also provide a childcare centre.

Meanwhile, Vista Spring @ Yishun is adjacent to Orchid Spring @ Yishun and bordered by Yishun Avenue 1 and Yishun Street 41. The development offers 600 standard flats comprising 324 units of four-room and 276 units of five-room flats. The development will also provide several facilities including an eating house, shops, a mini-mart and a Residents’ Committee Centre.

Units at the Orchid Spring @ Yishun and Vista Spring @ Yishun are being offered from S$93,000 to S$353,000.

The two BTO projects in Yishun are targeted at families and young couples, said PropNex.

“This would be an attractive consideration for young couples who are planning to start their family here as would the fact that there is an abundance of primary and secondary schools in the vicinity, as well as parks and Lower Seletar Reservoir for recreational activities,” said Mr. Tan.

Applications for the new flats can be submitted online between 25 January and 7 February.