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HDB BTO June 2024 Queenstown Review: Near Holland Village and Buona Vista MRT Stations

Mary Wu
HDB BTO June 2024 Queenstown Review: Near Holland Village and Buona Vista MRT Stations
Excited about the HDB BTO June 2024 Queenstown project? The HDB BTO June 2024 Queenstown launch will offer about 330 BTO flats with 2-room Flexi and 4-room configurations.
Given its location in Holland Village, it is likely to come under the Prime Location Public Housing (PLH) model. BTO flats launched under the PLH model comes with stricter HDB Flat Eligibility (HFE) guidelines including a 10-year Minimum Occupation Period (MOP).

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HDB BTO June 2024: Latest BTO News

  • From June 2024 BTO launch onwards, the HDB Staggered Downpayment Scheme will be enhanced to help young couples finance their new homes
  • From 2024, there will be three, instead of four, yearly BTO launches: February, June, and October
  • HDB will launch fewer BTO flats in 2024, about 19,600, down from 22,780 in 2023
  • As announced in the National Day Rally 2023 speech, this HDB BTO June 2024 launch will be the last BTO launch that uses mature and non-mature estate categories
  • Henceforth, from H2 2024, the newly launched BTO flats will be classified as Standard, Plus, or Prime

BTO Queenstown June 2024

Nearest MRT stationsHolland Village and Buona Vista MRT stations
Nearby amenitiesOne Holland Village mall, Holland Village, Raffles Holland V Mall, Buona Vista Community Club, Ulu Pandan Community Club, and The Star Vista
Nearby schoolsAnglo-Chinese School (Independent), Anglo-Chinese Junior College, Fairfield Methodist School, My First Skool, and St. James’ Church Kindergarten
Unit mix and prices2-room Flexi flats (TBA)
4-room flats (TBA)
Location of the Queenstown HDB BTO June 2024 flats, along Holland Drive. Source: HDB
This June 2024 Queenstown HDB BTO is just a six-minute walk away from the Holland Village MRT station on the Circle Line (CCL), and just beside the newly opened One Holland Village and the Holland Village with restaurants, shops and other amenities
An approximately 20-minute bus ride or 10-minute drive will take you to Orchard Road while the CCL quickly takes you MRT stations connected to other lines such as:
It’s also an ideal location for parents with children from young to university as there are schools for all ages from preschool to university, with the National University of Singapore (NUS) and Singapore University of Social Sciences (SUSS) less than 45-minutes away by public transport.

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Queenstown BTO Price (HDB BTO June 2024 Launch)

2-room Flexi
From $260,000 (estimated)
From $238,000 to $353,000
N/A
N/A
4-room
From $600,000 (estimated)
From S$565,000 to $720,000
From S$598,000 to S$763,000
$928,000
Given the attractive location of the upcoming Queenstown HDB BTO June 2024 project, prices for these flats may cost higher than recent launches (e.g. Tanglin Halt Courtyard Queenstown Feb 2024 and Ulu Pandan Vista December 2023 BTO projects).

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Budgeting for Your Queenstown HDB BTO June 2024 Home Loan

2-room Flexi
From $260,000
$52,000 downpayment, estimated $944 monthly mortgage repayments
$65,000 downpayment, estimated $987 monthly mortgage repayments
4-room
From $600,000
$120,000 downpayment, estimated $2,178 monthly mortgage repayments
$150,000 downpayment, estimated $2,277 monthly mortgage repayments
The above calculations were done using the PropertyGuru Finance mortgage affordability calculator.

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Conclusion: Is the Queenstown June HDB BTO 2024 Project Worth Balloting For?

Pros of Queenstown June BTO 2024

  • Convenient transport links with CCL and EWL
  • Close to expressway and good links to city centre
  • Good for singles, couples, and small families
  • Plenty of nearby amenities and facilities

Cons of Queenstown June BTO 2024

  • Likely will be launched under the PLH model (i.e. come with stricter HDB restrictions)

HDB BTO June 2024 Launch Reviews

Before you decide which HDB BTO June 2024 project you should apply for, read our other reviews:
Alternatively, you can consider applying for a Sale of Balance Flats (SBF) launch.
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.
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 June 2024 Launch

It will be launched in June 2024, subject to HDB’s discretion. Find out more at the HDB Flat Portal https://homes.hdb.gov.sg/home/landing.

There will be a total of about 6,830 BTO flats in six estates launched in the June 2024 BTO exercise in the estates of Jurong East, Kallang/Whampoa, Queenstown, Tampines, Woodlands, and Yishun.

According to HDB, the concessionary interest rate for HDB housing loans (pegged at 0.1% above the CPF Ordinary Account interest rate) will remain unchanged at 2.6% per annum from 1 January 2024 to 31 March 2024.