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HDB BTO Dec 2023 Queenstown Review: Right Beside Dover MRT Station

Joanne Poh
HDB BTO Dec 2023 Queenstown Review: Right Beside Dover MRT Station
Note: The HDB BTO December 2023 projects have been launched. Applications close on 11 December 2023, 11.59pm.
The Ulu Pandan Vista Queenstown HDB BTO 2023 project is located in a mature estate. The other three Dec 2023 BTO projects in mature estates are Sin Ming Residences Bishan, Chai Chee Green Bedok, and Alexandra Peaks Bukit Merah.
The Ulu Pandan Vista Queenstown HDB BTO December 2023 project is located next to Dover MRT station, which makes it highly desirable in terms of connectivity. It is also within walking distance of numerous choice schools as well as popular eateries and lifestyle destinations like Holland Village.
With 890 3-room and 4-room HDB flats up for grabs, the Ulu Pandan Vista Queenstown December 2023 BTO project is suitable for smaller households or couples with just one or two children.
However, the Ulu Pandan Vista Queenstown HDB BTO site falls under the Prime Location Public Housing (PLH) model, which means it comes with a Minimum Occupation Period (MOP) of 10 years.
Thinking of applying for the Ulu Pandan Vista Queenstown Dec 2023 BTO project? Check out our video guide to get you started!

Guide to Applying for a BTO Flat (Video)

Do note that the HDB Flat Eligibility (HFE) letter has come into effect. In case you need a reminder, the HDB HFE letter is an assessment of your HDB flat, CPF Housing Grant, and HDB loan eligibility. Just log into your account on the HDB Flat Portal via Singpass, key in your eligibility criteria details, and request your HFE letter. You will need to submit a valid HDB HFE letter alongside your BTO application.

Ulu Pandan Vista HDB BTO December 2023 Queenstown BTO Map

Location of the Ulu Pandan Vista Queenstown HDB BTO Dec 2023 flats, bounded by Commonwealth Avenue West and the Ulu Pandan Canal. Source: HDB

Ulu Pandan Vista Queenstown Dec 2023 BTO Location

HDB BTO December 2023 Queenstown launch Ulu Pandan Vista
AddressBounded by Commonwealth Avenue West and Ulu Pandan Canal
Nearest MRTDover MRT station
Nearest bus interchangeBuona Vista
Nearest schoolsSingapore Polytechnic, School of Science & Technology, New Town Secondary School, Anglo-Chinese School (Independent), Anglo-Chinese Junior College, Fairfield Methodist School (Secondary and Primary), INSEAD, and Essec Business School
Other nearby amenitiesGhim Moh Market, The Star Vista, Ulu Pandan Community Club, Buona Vista Community Club, and Holland Village
Located on Commonwealth Avenue West right next to Dover MRT station, the Ulu Pandan Vista Queenstown December 2023 BTO site is bounded on the other side by the Ulu Pandan Canal, enabling some residents to enjoy unblocked views of the waterfront. Dover MRT station connects directly to Raffles Place MRT station in the city centre in about 17 minutes.
One of the biggest draws for families with kids is the number of choice schools of all levels in the area, including ACS (Independent), ACJC, Fairfield Methodist School, Singapore Polytechnic, School of Science & Technology, INSEAD, and Essec Business School.
Another advantage is the proximity of popular eateries and lifestyle destinations, including Ghim Moh Market and Food Centre, Holland Village, and Chip Bee Gardens.
890 units of 3-room and 4-room BTO flats are available in the Ulu Pandan Vista Queenstown December 2023 BTO launch. Due to the absence of 5-room BTO flats, this launch is likely to interest smaller households.
Want to live in Queenstown without having to wait for the Ulu Pandan Vista Queenstown HDB BTO December 2023 flats? Check out the latest Queenstown HDB resale flat listings on PropertyGuru.

Ulu Pandan Vista Queenstown HDB BTO Price (HDB BTO December 2023 Launch)

3-room
$430,000 to $541,000
$364,000 to $509,000
$372,000 to $498,000
$389,400
4-room
$598,000 to $763,000
$537,000 to $702,000
$541,000 to $711,000
$928,000
The Queenstown HDB BTO December 2023 flats occupy a very well-connected location in the area next to Dover MRT station. The site is located in a well-connected mature estate with a good selection of amenities and schools. It is thus likely to enjoy high demand amongst buyers.
However, it should be noted that the Queenstown BTO project might fall under the PLH model.
With about 890 units of 3-room and 4-room BTO flats, interest is likely to come mostly from smaller households or families with only one or two children.
HDB’s resale statistics for Q3 2023 indicate that the median resale price for 3-room and 4-room HDB flats was $389,400 and $938,000, respectively. These HDB resale prices look low because many of the recorded transactions featured older flats, but newer flats in the Queenstown area tend to command a premium. That said, the effects of the PLH model on resale prices have not yet been seen.

Budgeting for Your Ulu Pandan Vista Queenstown December 2023 BTO Home Loan

3-room
$430,000
$86,000 downpayment, estimated $1,561 monthly mortgage repayments
$107,500 downpayment, estimated $1,632 monthly mortgage repayments
4-room
$598,000
$119,600 downpayment, estimated $2,170 monthly mortgage repayments
$149,000 downpayment, estimated $2,269 monthly mortgage repayments
The above prices have been listed without including CPF Housing Grants. However, the price of your Ulu Pandan Vista Queenstown Dec 2023 BTO flat will depend on the indicative pricing of this launch as well as the unit selected.
We have used an interest rate of 2.6% and a Loan-to-Value (LTV) limit of 80% for the HDB loan example calculations and an interest rate of 3.6% and an LTV of 75% for the bank loan example calculations. The above examples go based on a 25-year loan. However, if you can make higher monthly repayments, you may want to opt for a shorter loan (and pay lesser interest!).
Play around with PropertyGuru Finance affordability calculator to receive an estimate for your loan, or chat with a PropertyGuru Finance Mortgage Expert for free and personalised advice on financing and home loans at no cost!

Ulu Pandan Vista Queenstown BTO Amenities (HDB BTO December 2023 Launch)

Right Next Door to Dover MRT Station

The Queenstown BTO site is located right next door to Dover MRT station, meaning residents can get on the train almost from their doorstep. From Dover MRT station, Raffles Place MRT station is a 17-minute ride away.

Many Choice Schools in the Vicinity

Residents will be spoilt for choice when it comes to prestigious and popular schools in the area. These include ACS (Independent), ACJC, School of Science & Technology, and Fairfield Methodist School. There are also many tertiary institutions in the area, including Singapore Polytechnic, INSEAD and Essec Business School.

Good Selection of Food and Lifestyle Options

The Queenstown area is home to many established, sought-after food and lifestyle options, including Holland Village, Ghim Moh Market and Food Centre, Chip Bee Gardens, and Rochester Park.

Scenic Views and Access to Cycling Paths

Some residents will enjoy unblocked waterfront views of the Ulu Pandan Canal, which runs alongside the Ulu Pandan Park Connector.

Conclusion: Is HDB December 2023 Queenstown BTO Worth Balloting for?

The Queenstown Dec 2023 BTO flats enjoy excellent public transport connectivity thanks to the proximity of Dover MRT station, and offer the chance to live in a popular mature estate. However, the flats are likely to cost a premium and might fall under the PLH model.

Pros of the Ulu Pandan Vista Queenstown December 2023 HDB BTO Project

  • Next to Dover MRT station
  • Many choice schools and tertiary institutions nearby
  • Good food and lifestyle options nearby
  • Easy access to cycling paths
  • Unblocked waterfront views for some units

Cons of the Ulu Pandan Vista Queenstown December 2023 HDB BTO

  • 5-room flats not available
  • Likely more expensive than other Dec 2023 BTO flats

Applying for the BTO Dec 2023 Launch

Besides needing to submit your HDB HFE letter alongside your BTO application, you’ll need to know about a number of recent HDB updates. One of them pertains to penalties if you reject your BTO ballots.
Effective October 2023, first-timer BTO applicants who reject their ballots will be considered second-timers for one year. If they reject a subsequent ballot, they won’t be allowed to apply for any BTO launches in the subsequent year.
So make you read up about the other HDB BTO Dec 2023 projects before making a decision!
Alternatively, you could apply for a Sale of Balance Flat (SBF) unit.
For more property news, content and resources, check out PropertyGuru’s guides section.
Need help to finance your latest property purchase? Let the mortgage experts at PropertyGuru Finance help you find the best deals.
Disclaimer: The information is provided for general information only. PropertyGuru Pte Ltd makes no representations or warranties in relation to the information, including but not limited to any representation or warranty as to the fitness for any particular purpose of the information to the fullest extent permitted by law. While every effort has been made to ensure that the information provided in this article is accurate, reliable, and complete as of the time of writing, the information provided in this article should not be relied upon to make any financial, investment, real estate or legal decisions. Additionally, the information should not substitute advice from a trained professional who can take into account your personal facts and circumstances, and we accept no liability if you use the information to form decisions.

More FAQs About the HDB BTO Dec 2023 Launch

The HDB BTO Dec 2023 launch has happened across seven estates: Bedok, Bishan, Bukit Merah, Bukit Panjang, Queenstown, Jurong West, and Woodlands.

The HDB BTO Nov 2023 launch has been delayed to the end of December 2023.

HDB has announced that they plan to launch 23,000 BTO flats across 2023. The 6,057 December 2023 BTO flats has kept them on track to do so.