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HDB BTO November 2022 Kallang/Whampoa Review: Excellent City Fringe Location With Lots of Recreational Options

Joanne Poh
HDB BTO November 2022 Kallang/Whampoa Review: Excellent City Fringe Location With Lots of Recreational Options
The HDB BTO Kallang/Whampoa launch is likely to be of great interest to many due to its excellent city fringe location in a mature estate. The November 2022 launch will be a small one, with only about 470 3-room and 4-room units up for grabs. Thus, strong competition for a limited number of flats is likely to be on the cards.
However, one factor that might deter prospective buyers could be the high possibility that the Kallang/Whampoa BTO launch will fall under the Prime Location Public Housing (PLH) model, which could dampen resale prospects.
Want to buy a home in Kallang/Whampoa but don’t want to have to wait for an HDB BTO flat? Browse the latest listings for Kallang/Whampoa resale flats on PropertyGuru.

HDB BTO November 2022 Kallang/Whampoa BTO Map

Location of the upcoming Kallang/Whampoa BTO flats, located along Lorong 1 Geylang. Source: HDB

Kallang/Whampoa BTO Location (HDB BTO November 2022 Launch)

HDB BTO November 2022 Kallang/WhampoaTBA
AddressLorong 1 Geylang
Nearest MRTKallang
Nearest bus interchange
Nearest schoolsBendemeer Primary School, Bendemeer Secondary School
Other nearby amenitiesGeylang West Community Club, Upper Boon Keng Market and Food Centre, Jalan Besar Community Club, Kitchener Complex, Jalan Besar Stadium and Swimming Complex, Kallang Squash and Tennis Centre, Kallang Netball Centre, Singapore Sports Hub, Kallang Riverside Club
The site of the Kallang/Whampoa BTO project is located at Lorong 1 Geylang, right next door to Kallang MRT station, with one side of the site running along the Kallang River, offering some residents scenic waterfront views.
The flats enjoy excellent connectivity thanks to the proximity of Kallang MRT and a bus terminal just across the road. There are several other MRT stations located within walking distance, including Lavender, Bendemeer and Geylang Bahru, which are all located 15 to 17 minutes’ walk away.
Other than a great city fringe location which offers easy access to the CBD, the BTO project is also near the Kallang sporting precinct with its many sports and recreational amenities like the Singapore Sports Hub.
As only 3-room and 4-room flats are available in this launch and there are not many schools in the immediate vicinity, this launch is likely to be most popular with smaller households or couples without kids.

Kallang/Whampoa BTO Price (HDB BTO November 2022 Launch)

3-room
TBA
$353,000 – $462,000
$372,500
4-room
TBA
$488,000 – $675,000
$511,000 – $660,000
$780,000
With only 470 units on offer, the Kallang/Whampoa BTO project is likely to be oversubscribed. That said, if it falls under the PLH model, as is likely, demand might be dampened somewhat.
Based on HDB’s resale statistics, in Q2 2022, the median resale price was $375,500 and $780,000 for 3-room and 4-room flats respectively. This does not seem high compared to the prices of past BTO launches and is due to most resale flats in the area being older flats without many years remaining on their leases.
New flats are likely to command much higher prices, particularly if they are sold soon after the expiry of their Minimum Occupation Period (MOP). In fact, it is possible for 4-room or 5-room flats to command prices of over $1 million, although it remains to be seen if the PLH model will depress resale prices moving forward.

Budgeting for Your Kallang/Whampoa November 2022 BTO Home Loan

You can expect to pay a premium for your Kallang/Whampoa BTO flat. Hence, it is very important to plan your finances and know how much you can afford before balloting for a flat.
3-room
$400,000
$60,000 downpayment; estimated $1,542.48 monthly mortgage repayments
$100,000 downpayment; estimated $1,316 monthly mortgage repayments
4-room
$600,000
$90,000 downpayment; estimated $2,313.71 monthly mortgage repayments
$150,000 downpayment; estimated $1,974 monthly mortgage repayments
Our price estimates are based on past BTO launches, but the cost of your actual flat will vary depending on the indicative pricing for the project and the unit you have been allocated. All of the above prices exclude CPF housing grants.
In line with the December 2021 property cooling measures, we have used a 2.6% interest rate and 85% LTV for the HDB loan examples and a 2.3% interest rate and 75% LTV for the bank loan examples.
All examples have been worked out based on a 25-year loan. However, if you are able to pay more in monthly instalments, a shorter loan tenure will enable you to become debt-free sooner.
To obtain a more precise estimate based on the details of your own loan, you can play around with our affordability calculator. For personalised guidance on home loans and financing, speak with one of our PropertyGuru Finance mortgage experts.

Affordability Calculator

Estimate what you can comfortably spend on your new home

Kallang/Whampoa BTO Amenities (HDB BTO November 2022 Launch)

Right Next Door to Kallang MRT and Three Other MRT Stations Within Walking Distance

The Kallang/Whampoa BTO project’s location is unbeatable, with Kallang MRT located right next door and three other MRT stations, Lavender, Bendemeer and Geylang Bahru, located 15 to 17 minutes’ walk away.

City Fringe Location Offering Easy Access to the City Centre

Residents can reach Raffles Place in the CBD in 4 MRT stops on a ride that takes only 9 minutes. Thanks to the proximity of Kallang MRT to the flats, residents could potentially get to work in under 15 minutes.

Lots of Sporting and Recreational Facilities

With the Kallang sporting precinct located not far away, residents can enjoy amenities like Kallang Squash and Tennis Centre, Kallang Netball Centre, Singapore Sports Hub, Kallang Riverside Club, as well as Kallang Wave Mall.

Good Food Options

Kallang is a mature estate with lots of established dining options. For instance, it is a stone’s throw from Geylang Road which is home to many popular local eateries.

Conclusion: Is HDB November 2022 Kallang/Whampoa BTO Worth Balloting For?

The November 2022 Kallang/Whampoa launch offers an excellent city fringe location with a variety of food, sporting and leisure options. The flats are thus ideal for those who prioritise location and amenities.

Pros of November 2022 Kallang/Whampoa HDB BTO

  • Central location
  • Right next door to MRT station
  • Many good food options
  • Many sporting and recreational facilities

Cons of November 2022 Kallang/Whampoa HDB BTO

  • Pricey
  • Likely to fall under PLH model
  • 2-room Flexi and 5-room flats not available
  • Likely to see fierce competition for a limited number of flats
The Kallang/Whampoa launch consists of only 470 flats and is in a central location, which should contribute to it being heavily oversubscribed, even if it falls under the PLH model.
However, as there are no 2-room Flexi or 5-room flats in this launch, families with or who foresee having multiple children may turn to the Bukit Batok or Yishun launches instead.

Applying for November 2022 HDB BTO Flats

Not sure if you should ballot for the HDB BTO November 2022 Kallang/Whampoa flats? Read about the other upcoming BTO 2022 launches in November below:
For more property news, content and resources, check out PropertyGuru’s guides section.
Need help financing your latest property purchase? Let the mortgage experts at PropertyGuru Finance help you find the best deals.
This article was written by Joanne Poh. A former real estate lawyer, she writes about property and personal finance and spends her free time compulsively learning languages and roller skating in carparks.

    More FAQs About the HDB BTO November 2022 Launch

    BTO stands for Build-To-Order, HDB flats in which construction will begin only if 65 to 70% of the units in the flat have been booked. These days, BTOs are often oversubscribed and are almost guaranteed to be built.

    You can apply through the HDB portal during the 1-week window during Feb, May, Aug and Nov. You must first meet HDB’s eligibility criteria before you can apply for a BTO flat; do check which eligibility scheme you fall under as well, your income ceiling, and even HDB Loan eligibility if you’re planning to take it up.

    No. If you are buying a second HDB BTO flat, you must first meet the minimum occupancy period (MOP) so you can sell your first flat.

    Yes, you can. You must be at least 35 years old and you can only buy a 2-room Flexi flat in a non-mature estate.