The Nov 2021 Hougang BTO launch in 2021 will see 690 units of 4-room and 5-room flats available across two launches: Hougang Olive and Tanjong Tree Residences @ Hougang.
Despite being a non-mature estate, BTO launches in Hougang tend to be popular among balloters. The recent Hougang BTO launch in Aug was the most popular launch by far, receiving one of the largest applications in recent years. Similarly, the previous BTO launch in Hougang five years ago was also the most popular BTO launch.
With its locational attributes and low supply of new flats, the Nov 2021 Hougang BTO launch will likely be among the most popular BTO projects. So let’s find out what Hougang Olive and Tanjong Tree Residences @ Hougang have to offer.
Hougang Olive and Tanjong Tree Residences @ Hougang: Nov 2021 Hougang BTO Map
Can’t wait for the delay in the completion of the flats? Find available resale flats for sale in Hougang on PropertyGuru instead.
Hougang Olive and Tanjong Tree Residences @ Hougang BTO Location (Nov 2021 HDB BTO Launch)
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Hougang BTO location (November 2021)
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Address
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Bounded by Hougang Avenue 3, Hougang Street 12, and Hougang Street 13; Bounded by Hougang Street 13
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Nearest MRT
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Bartley MRT (Circle Line), Kovan MRT (North-East Line)
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Nearest bus interchange
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Hougang Bus Interchange
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Nearby schools
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Paya Lebar Methodist Girls’ School (Primary), Paya Lebar Methodist Girls’ Secondary School, Yuying Secondary School, Xinghua Primary School, Maris Stella High School, Holy Innocents’ Primary School, Holy Innocents’ Secondary School
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Other nearby amenities
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Heartland Mall, Kovan Market and Food Centre, Hougang Ave 1 Park, health and medical care facility (proposed), civic and community institution (proposed), Hougang Hainanese Food Centre, Hougang Ave 3 Park Connector, Jalan Pelikat Park Connector, Hougang Sports Centre, Hougang Stadium, Hougang Polyclinic (NHGP)
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Similar to the Aug 2021 BTO launch, there will be two BTO launches in Hougang in November. Tanjong Tree Residences @ Hougang is bounded by Hougang Street 13, while Hougang Olive will be right across the road, bounded by Hougang Avenue 3, Hougang Street 12, and Hougang Street 13. In fact, the former is just right next to August’s Hougang Citrine BTO flats.
The main difference between both BTO launches in Nov 2021 is the number of flats available. Hougang Olive will offer 206 4-room units and 184 5-room units; Tanjong Tree Residences @ Hougang will offer 172 4-room units and 128 5-room units.
There will also be a proposed health and medical care next to the Hougang Ave 3 flats.
Apart from that, both flats offer access to the same amenities. Schools in the area include Paya Lebar Methodist Girls’ School (Primary and Secondary), Yuying Secondary School, Xinghua Primary School, and Maris Stella High. They are either within walking distance or are within a 5-minute bus ride. Furthermore, Holy Innocents’ Primary School and Holy Innocents’ Secondary School are about 15 minutes away by bus.
Kovan MRT and Hougang MRT are the closest MRT stations, and both are just a short bus ride away. Kovan MRT in particular, is next to Heartland Mall as well as several eateries and retail stores. Hougang MRT is also about a 15 minutes’ bus ride away where there’s also Hougang Central Bus Interchange, Hougang Mall, The Midtown, and Hougang Town Centre.
In addition, the future Defu MRT station on the Cross-Island Line (CRL) won’t be too far away. Residents will have access to areas like Ang Mo Kio, Tampines North, Pasir Ris, Loyang, and Aviation Park in just a few stops.
Hougang BTO Price (Nov 2021 HDB BTO Launch): Hougang Olive and Tanjong Tree Residences @ Hougang
4-room
From $308,000 for Hougang Olive; from $318,000 for Tanjong Tree Residences @ Hougang
From $324,000 for Hougang Citrine; from $413,000 for Kovan Wellspring
$390,000 to $990,000
5-room
From $416,000 for Hougang Olive; from $419,000 for Tanjong Tree Residences @ Hougang
From $392,000 (Hougang Citrine only)
$520,000 to $988,000
Prices for the November 2021 Hougang BTOs are comparable to Hougang Citrine’s in the August 2021 release. This is likely because Hougang Olive and Tanjong Tree Residences @ Hougang are both in the same neighbourhood, near the Paya Lebar Airbase.
A 4-room at Hougang Olive is priced from $308,000 while a 5-room starts at $416,000. Whereas for Tanjong Tree Residences @ Hougang, a 4-room starts at $318,000 and a 5-room at $419,000.
Although considered a non-mature estate, resale flats in Hougang typically have good resale values thanks to their good surrounding amenities and wide range of rare HDB flat types such as executive apartments and maisonettes. Notably, it remains the only non-mature estate that has seen a million-dollar flat transaction.
Over the past year (and excluding DBSS flats, executive apartments, and maisonette flats), the most expensive 5-room flat sold in Hougang was for S$810,000, while the most expensive 4-room flat was S$628,000.
Considering that both 5-room and 4-room BTO flats for Hougang Olive and Tanjong Tree Residences @ Hougang are priced at less than half of that, it would seem that future residents can expect significant returns if they choose to sell after the 5-year Minimum Occupation Period (MOP).
Hougang BTO Amenities (Nov 2021 HDB BTO Launch): Hougang Olive and Tanjong Tree Residences @ Hougang
Good Range of MRT Stations Nearby
The closest MRT station is Kovan MRT. Although both Hougang Olive and Tanjong Tree Residences @ Hougang aren’t within close walking distance to the MRT station (about 20 minutes’ walk), the station is within 17 minutes by bus. Apart from that, Bartley MRT, Hougang MRT (a future interchange station on the CRL), and the future Defu MRT station are nearby stations that are accessible by public transport.
Good Schooling Options
Parents with schooling children will be glad to know that there are four schools in the area, including popular schools, Maris Stella High and Paya Lebar Methodist Girls’. The last of which can be reached within 12 minutes by foot.
15 Minutes Away from Heartland Mall and Hougang Mall
Hougang Olive and Tanjong Tree Residences @ Hougang will be 15 minutes away by bus from Heartland Mall, where there is the Kovan MRT and Kovan Market and Food Centre. Similarly, the flats will also be 15 minutes by bus to Hougang Mall, which is within walking distance to Hougang MRT, The Midtown, Hougang Town Centre, and Hougang Bus Interchange.
Conclusion: Are Hougang Olive and Tanjong Tree Residences @ Hougang Nov 2021 Hougang BTO Flats Worth Balloting for?
The November 2021 Hougang BTO flats are likely to be among the most popular flats, if not the most popular, in no small part due to their location and amenities nearby. Additionally, Hougang Olive and Tanjong Tree Residences @ Hougang will also likely be among the most affordable among other BTO launches in November 2021, based on the prices of the recent August 2021 Hougang BTO flats.
Pros of the Hougang Olive and Tanjong Tree Residences @ Hougang November 2021 Hougang BTO
- Good schools in the area
- 15 minutes away to malls and MRT stations
- 4-room and 5-room options suitable for bigger families
- Value for money considering the location and amenities available
Cons of the Hougang Olive and Tanjong Tree Residences @ Hougang November 2021 Hougang BTO
- Not within close walking distance to MRT stations
- Not within close walking distance to schools in the area either
- Only 4-room and 5-room flats available
With good access to amenities like public transportation, malls, food, and schools, Hougang Olive and Tanjong Tree Residences @ Hougang will appeal to those who want convenient access to amenities. They’re also the only projects besides Tengah BTO that will offer 5-room units, but arguably have better amenities, accessibility, and connectivity.
There are only a few schools in the area (Paya Lebar Methodist Girls’ School (Primary), Paya Lebar Methodist Girls’ Secondary School, Yuying Secondary School, Xinghua Primary School, Maris Stella High School), but two (Paya Lebar Methodist Girls’ School (Primary), Paya Lebar Methodist Girls’ Secondary School, and Maris Stella High School) are popular. The close proximity of these schools will give your children priority admission. Holy Innocents’ Primary School and Holy Innocents’ Secondary School are close to Hougang MRT station, but it will take about a 15-minute bus journey.
If living close to schools is a priority, the Jurong West BTO flats are probably better for you since there are more schools in the area. However, keep in mind that it’s a small project, with only 220 units up for grabs.
Not sure if you should ballot for the November 2021 Hougang BTO flats? Read about the other BTO launches in November below:
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