An outline of Might HDB BTO launch: Bedok, Kallang/ Whampoa, Serangoon and Tengah

Now that the February 2023 BTO season is over, let’s look ahead to the Might 2023 BTO. For now, we all know that round 5,480 items shall be accessible for balloting throughout 4 estates.

This would be the final HDB BTO launch the place first-timer candidates who reject the chance to e-book a flat can nonetheless get another likelihood to get pleasure from first-timer advantages the subsequent time they poll for a flat.

From the August 2023 BTO train onwards, when you select to reject your likelihood of reserving a flat, you’ll robotically be thought of a second-timer for one 12 months. We go into extra element on the implications right here, however in brief, what this implies is that your probabilities of securing a flat shall be even decrease.

TL;DR of the Might 2023 HDB BTO

Which Might 2023 BTO is a PLH venture?

HDB hasn’t introduced this but, however we’re 99% sure it will likely be the Kallang/ Whampoa BTO, because it’s proper subsequent to a PLH venture: the Farrer Park Fields BTO.

Which Might 2023 BTO are providing 5-room flats?

Other than the Kallang/ Whampoa BTO, all of the Might 2023 tasks will provide 5-room flats. These are Bedok BTO, Serangoon BTO and the 2 Tengah BTO.

Abstract of every Might 2023 HDB BTO venture

(We’ll do an in-depth evaluation for every location, so look out for these within the subsequent few weeks. Be sure you bookmark this web page too, as we are going to replace it with extra data when the Might 2023 BTO gross sales train begins.)

**Disclaimer: Strolling, public transport journey and driving durations are primarily based on Google Maps estimates. Precise occasions could range.

Bedok Might 2023 BTO

Location: Alongside Bedok South Street and Bedok South Avenue 3
Classification: Mature property
Variety of items: 1,630
Flat sorts: 2-room Flexi, 3-room, 4-room, 5-room, 3Gen
Estimated value vary for a 4-room flat: S$450k – S$550k
Estimated ready time: TBC
Estimated completion date: TBC

This Bedok BTO is without doubt one of the most enjoyable tasks on this launch. It’s been virtually seven years since HDB final launched a BTO within the property. (In case you’re weighing your choices between a resale flat and a BTO flat, you would possibly need to think about Fengshan Greenville, which can MOP this 12 months!)

What’s extra, it’s the one venture within the Might 2023 launch to have 3Gen flats. Not like typical BTO flats, 3Gen flats function a further main bedroom with an ensuite rest room. The final time we had 3Gen flats was the August 2022 BTO in Ang Mo Kio, which attracted plenty of buzz.

Except for that, this BTO is fairly close to the MRT at round a 12-minute stroll to Tanah Merah MRT, which has a direct hyperlink to Sceneca Residence. The built-in growth has a mall on the primary ground.

You’re additionally one cease away from Bedok MRT, the place there’s Bedok Mall and Djitsun Mall Bedok. Stroll somewhat additional, and also you’ll discover Sky [email protected] apartment (aka former Bedok Level), a mixed-use growth that includes retail outlets on the bottom ground.

Down south at round a 12-minute stroll is the upcoming Bedok South MRT (to be prepared in 2025) on the Thomson-East Coast Line (TEL). So that you’ll have another MRT line to depend on moreover the East-West Line (EWL).

Nearer to dwelling, Bedok View Secondary and Katong Faculty (Particular Training) are subsequent to this BTO web site. However extra importantly for these on the lookout for a property close to a preferred major college, this BTO is inside 1km of Temasek Major, and inside 1-2km vary of Crimson Swastika Faculty.

Kallang/ Whampoa Might 2023 BTO

Location: Alongside Farrer Park Street and Dorset Street
Classification: Mature property
Variety of items: 570
Flat sorts: 3-room, 4-room
Estimated value vary for a 4-room flat: S$490k – S$640k
Estimated ready time: TBC
Estimated completion date: TBC

The very first thing that caught our eye is that this web site is north of the February 2023 Farrer Park Fields BTO, a PLH venture. So this BTO will share comparable close by facilities.

On the identical time, in comparison with Farrer Park Fields, this web site is somewhat farther from the 2 MRTs within the space. It’s round a 10-minute stroll to Little India MRT and Farrer Park MRT. The latter is positioned beneath Metropolis Sq. Mall.

Nonetheless, this Kallang/ Whampoa BTO will in all probability nonetheless be a PLH web site given the town fringe location and strolling distance to Little India MRT. In case you handle to get a flat right here, this implies you’ll must reside in it for at the very least 10 years to satisfy the Minimal Occupation Interval (MOP).

Maybe the spotlight of this venture is that it’s proper subsequent to the upcoming sports activities amenities in Farrer Park. Some amenities you’ll be able to look ahead to embody an open area and a swimming pool. This makes it ultimate for small households.

Serangoon Might 2023 BTO

Location: Alongside Serangoon North Avenue 1 and Yio Chu Kang Street
Classification: Mature property
Variety of items: 330
Flat sorts: 4-room and 5-room
Estimated value vary for a 4-room flat: S$350k – S$430k
Estimated ready time: TBC
Estimated completion date: TBC

One other thrilling venture on this BTO launch is the Serangoon BTO. As a result of the primary and final time HDB launched a BTO right here was virtually a decade in the past, and that’s for short-lease studio residences catered for the aged.

So we are able to just about say that that is the very first BTO launch in Serangoon that’s open to {couples} and households because the BTO system began in 2001! (This additionally signifies that beforehand, if you wish to purchase a flat right here, the one choice was the resale market.)

One other factor that stands out to us is that it’s very close to Serangoon Backyard, which primarily includes personal condos and landed properties. Extra importantly for foodies, it’s a foodie’s heaven with the well-known Chomp Chomp Meals Centre and cafes within the space.

Furthermore, in round 10 years’ time (or round 5 years after transferring in), you’ll have Serangoon North MRT on the brand new Cross Island Line (CRL) at round a 13-minute stroll away. When the primary part is prepared in 2032, the North-East Line (NEL) shall be one cease away by way of Hougang MRT. In the meantime, the North-South Line (NSL) shall be two stops away by way of Ang Mo Kio MRT.

Future mother and father who die die need to get their children into a preferred major college will even need to hold a glance out for this BTO because it’s inside 1km of Rosyth Faculty.

In brief, this Serangoon BTO is comparatively centrally positioned however doesn’t include the PLH restrictions. However because it’s the smallest venture within the Might 2023 launch with solely round 330 flats up for grabs, competitors right here shall be stiff.

Tengah Might 2023 BTO

This launch options two BTO tasks in Tengah. One is at Plantation Shut, and the opposite is subsequent to the brand new ACS (Major) campus.

Plantation Shut BTO

Location: Alongside Plantation Shut
Classification: Non-mature property
Variety of items: 970
Flat sorts: 2-room Flexi, 3-room, 4-room and 5-room
Estimated value vary for a 4-room flat: S$310k – S$415k
Estimated ready time: TBC
Estimated completion date: TBC

The primary spotlight of this Plantation Shut BTO (at the very least for now) is that it’s positioned on the southern fringe of Tengah, so it’s proper subsequent to Jurong East. This makes it extra handy to entry sure facilities as it is going to take a while for Tengah to develop.

We additionally like that it’s round a five-minute stroll from the upcoming Tengah Park MRT (to be prepared in 2028) on the Jurong Area Line (JRL). Barring any delays, the MRT must be prepared when residents begin transferring right here.

Drivers will even admire that it’s close to the PIE. However given how shut it’s, it might probably get fairly noisy right here, even with the proposed park (and most certainly a multi-storey automobile park) performing as a buffer.

That apart, this BTO is inside a five-minute stroll of the primary major college in Tengah. The aptly named Pioneer Major Faculty will relocate to the brand new city in 2026. (Perhaps that is the true purpose why they stored the identify Pioneer as an alternative of Juying when the faculties had been merged final 12 months 🤔)

We additionally need to level out that this web site is subsequent to 2 EC websites, with one of many websites presently up for tender. In case you’re seeking to improve to non-public property in future, you might also need to think about these ECs.

Tengah Park Avenue BTO

Location: Alongside Tengah Park Avenue and Tengah Park Stroll
Classification: Non-mature property
Variety of items: 1,980
Flat sorts: 2-room Flexi, 3-room, 4-room and 5-room
Estimated value vary for a 4-room flat: $310k – $415k
Estimated ready time: TBC
Estimated completion date: TBC

The Tengah Park Avenue BTO is without doubt one of the most anticipated tasks on this launch. It’s because it’s positioned proper subsequent to the brand new ACS (Major) campus, which can transfer to its new dwelling in 2030.

We gained’t be stunned if software charges right here shall be increased than the common in Tengah. Extra individuals are anticipated to poll right here, whether or not it’s as a result of they really need to enrol their children within the well-liked major college or they hope to promote the flat at the next value after MOP. In any case, probabilities of getting a BTO flat subsequent to a preferred major college are exhausting to come back by.

Other than that, we like that this BTO is positioned within the coronary heart of Tengah, with the bus interchange proper throughout the road and the car-free city centre round a five-minute stroll. Right here’s additionally the place the brand new Tengah MRT (opening in 2027) on the JRL shall be positioned at.

Plus, there’s the upcoming Central Park on the north of the BTO, the place you’ll be able to get pleasure from strolls within the manicured landscaped park.

ALSO READ: February 2023 HDB BTO overview: Jurong West, Kallang/Whampoa, Queenstown and Tengah

How concerning the August 2023 HDB BTO?

HDB will solely launch extra details about the August 2023 BTO tasks, similar to the precise areas and variety of items throughout the Might 2023 BTO launch.

In response to HDB, round 5,200 to six,200 items shall be launched within the following cities:

• Choa Chu Kang: 2-room Flexi, 3-room, 4-room, 5-room, 3Gen
• Tengah: 2-room Flexi, 3-room, 4-room, 5-room
• Bukit Merah: 2-room Flexi, 3-room, 4-room
• Kallang/ Whampoa: 2-room Flexi, 3-room, 4-room
• Queenstown: 3-room, 4-room

We’ll do an summary of those tasks when HDB releases extra data. So watch this area for extra updates from us!

What’s important to know now are the adjustments taking impact from the August 2023 BTO onwards.

As talked about earlier, when you reject an opportunity to e-book a flat, you’ll be thought of a second-timer whenever you apply for BTO once more. This second-timer part will final for a 12 months. This ensures a extra environment friendly allocation of flats for many who want them.

Talking of extra environment friendly allocation, first-timer households with youngsters and married {couples} aged 40 and beneath who’ve by no means owned a home earlier than can look ahead to a increased likelihood of securing a flat. HDB will even introduce a brand new class for this group of individuals, referred to as the First-Timers (Mother and father and Married {Couples}) or FT (PMC). Not like typical first-timers, they are going to get another poll likelihood.

This text was first revealed in 99.co.