New launches in Toa Payoh
Approximately 5,000 new launches, would be added to Toa Payoh estate over the next five to 10 years. There are currently about 37,000 flats in Toa Payoh.
HDB BTO launch in May 2018
Kim Keat Beacon along Kim Keat Avenue is the latest HDB BTO project to launch in Toa Payoh. Being a mature estate, there are rarely any new flats being built in the area. This means that buyers will benefit from living in a central location and enjoy more affordable prices.
Located near Toa Payoh MRT station on the North-South line and sports facilities like swimming pools and an ActiveSG gym, prices at Kim Keat Beacon start from $245,000 for a 3-room flat, excluding housing grants.
Looking to buy your first BTO flat? Read our Ultimate BTO guide.
Private properties in Toa Payoh
Jointly developed by Gamuda, Evia Real Estate and Maxdin, Gem Residences, located along Lorong 5 Toa Payoh, was launched in May 2016. It is still one of the most recent launches in the area.
The 99-year leasehold project is perfect for home buyers looking for a property that’s situated in a central location and surrounded by a slew of amenities and conveniences.
The development comprises 578 units in total, ranging from 452 sq ft for a one-bedroom unit to 1,313 sq ft for a five-bedroom unit. There are also two penthouse units spanning 1,636 to 2,045 sq ft.
One of the many highlights of living at Gem Residences is the concierge, which offers food delivery and grocery shopping services. The development also provides housekeeping services, pet pools and fitness classes.
Read our Step-by-Step Guide to buying a condo.
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There are very few private housing developments in Toa Payoh. The area’s central location and proximity to many amenities means future launches are expected to see strong demand. However, prices are expected to be higher as well due to the ease of connectivity to the CBD.