Tag Archives: Choa Chu Kang

HDB priority scheme a hit with married couples

Posted on 16 May 2013 | Comments Off on HDB priority scheme a hit with married couples

HDB’s recent initiative to help married couples with children below 16 years own a home is reportedly doing well.

More than 12,000 first-timer households under the Parenthood Priority Scheme (PPS) took up 32 percent of the 3,898 Build-to-Order (BTO) flats offered in the non-mature estates of Punggol, Sengkang and Bukit Batok during the recent launch in March.

PPS applicants had also applied for 30 percent of flats offered in non-mature estates back in January.

Meanwhile, the housing board plans to launch 4,850 BTO flats in Hougang, Choa Chu Kang, Sembawang, Jurong West and Woodlands, as well as 3,000 balance units later this month.

Moving forward, analysts expect the response from PPS applicants to be even higher as the scheme has been extended to cover married couples expecting a child, in addition to the launch of balance flats which are considered more attractive since they are ready or nearing completion.

According to HDB, 30 percent of BTO flats and 50 percent of balance units are reserved for PPS applicants.

Source – PropGuru – 16 May 2013

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HDB launches 4191 new flats across 7 BTO projects

Posted on 2 Aug 2012 | Comments Off on HDB launches 4191 new flats across 7 BTO projects

As part of its plan to deliver 25,000 Build-to-Order (BTO) flats this year, the Housing and Development Board (HDB) has launched 4,191 new flats across seven housing estates.

The units will be spread across two non-mature towns – Choa Chu Kang and Punggol as well as the three mature estates of Bukit Merah, Geylang and Clementi.

Ranging from two- to five-bedroom units and studio apartments, the new batch of BTO projects are Keat Hong Axis, Punggol Opal, Waterway Cascadia, Clementi Gateway, Depot Heights, Telok Blangah Ridgeview, and GreenTops @ Sims Place.

Excluding studio apartments, at least 85 and 95 percent of the BTO supply in non-mature and mature towns respectively will be set aside for eligible first-time buyers who may use housing grants to improve their chances of owning a new flat.

Applications for the new BTOs will end on Monday, 6 August.

Meanwhile, HDB is expected to launch another 3,700 units in September which will be located in Ang Mo Kio, Choa Chu Kang, Kallang Whampoa, Tampines and Woodlands.

At the same time, 3,000 flats will be offered under the Sale of Balance Flats (SBF) exercise.

Source PropertyGuru – 2010 Aug 1

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