Jul 15, 2011 - PropertyGuru.com.sg
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Around 3,600 new flats are entering the market, as the Housing and Development Board (HDB) has launched seven Build-To-Order (BTO) projects, combining the BTO launches initially planned for June and July.

“The government has certainly responded to the public’s demand for affordable public housing, especially for first-time buyers,” said Adam Tan, PropNex Corporate Communications Manager.

“This is especially so, given that at least 95 percent of the units, will be set aside for these first-timers.”

The 3,600 new flats are located across various towns, including Tampines, Sengkang, Jurong West, Yishun and Bukit Panjang.

Flat types offered in these latest BTO projects include studio apartments, as well as three-, four- and five-room flats, with prices starting from S$83,000 for a studio apartment, S$137,000 for a three-room flat, S$217,000 for a four-room flat and S$274,000 for a five-room flat.

“Young couples who are looking to start a family soon will be enticed by the amenities available at the two projects," Tan said, referring to Anchorvale Isles and Fernvale Riverbow in Sengkang.

Referring to the projects in Yishun, Tan said, “Residents will be well served by the wide range of facilities in Yishun Town, such as the Yishun MRT station and bus interchange and Northpoint Shopping Centre.” Tan added that there are educational, medical and recreational facilities nearby, such as North View Primary and Secondary School, Khoo Teck Puat Hospital and Yishun Pond.

Tan said Golden Carnation will be the “more popular of the two studio apartment projects, as it is located in Tampines, which is a well-established neighbourhood with shops providing a wide range of services.”

“Fresh produce and varieties of food choices are available from the nearby Tampines Round Market and Food Centre. The Tampines MRT station, bus interchange, SAFRA and Tampines Town Council Office are all nearby.”

Following the launch, the HDB has now released around 15,500 BTO flats in the first seven months of 2011 and is on track to provide 25,000 BTO flats for the whole year.

To contact the journalist, you may send your message to editor@propertyguru.com.sg
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Reader Comments: (3 comments)

Singaporean - Jul 18, 2011
Please send PRs back home. We do not need too many of them around in Singapore. Most come from third world countries and as long as they do not take up citizenship, we treat them as foreigners.
shirley chong - Jul 17, 2011
BTO why cannot apply for m'sia family PR, our kid is study in s'pore and we also staying in s'pore many many yesr . why we can't apply ?? some so we are the half of the s'porean ...??
Narayan Venkataraman - Jul 15, 2011
Great, Hon'ble KBW is a man of his words. This is definitely a step in the right direction. New HDB prices should be the driver of valuation prices, rather than the OLD resale units. This was a basic flaw in the system until now.

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