Tag Archives: Compassvale Boardwalk

Sengkang BTO project sees biggest demand

Flats in Sengkang saw the highest interest at the close of May’s Build-to-Order (BTO) applications.

As of 5pm on 5 June, the first timer application rate for four-room units at Sengkang’s Compassvale Boardwalk was 3.8.

Five-room units in the same area saw 2.9 first timer applicants per flat.

Kallang-Whampoa was the second most popular area, with 2.8 first timer applicants applying for a four-room unit.

A total of 11,410 applications were received for the 4,627 units released, including studio apartments.

Source : CNA – 2012 Jun 6

HDB launches six BTO projects

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The Housing and Development Board (HDB) has launched six Build-To-Order (BTO) projects, offering 4,627 new flats.

The flats, which range from studio apartments to 5-room units, are in four estates — Choa Chua Kang, Sengkang, Punggol and Kallang/Whampoa.

Prices start from S$124,000 for a studio apartment in McNair Towers in Kallang/Whampoa.

A 4-room flat in Compassvale Boardwalk in Sengkang, a non-mature town, is priced between S$275,000 and S$335,000, while a 4-room flat in McNair Towers in Kallang/Whampoa, a mature town, is priced between S$467,000 and S$595,000.

Punggol Edge will offer both rental and flats for home ownership. HDB said there will be more of such developments.

It said to ensure first-timers continue to enjoy priority in flat allocation, at least 95 per cent of BTO flats in mature towns and 85 per cent in non-mature estates will be set aside for them.

Eligible first-timer households can also enjoy various housing grants to help them own a new BTO flat.

Applications for flats in the May BTO launch can be submitted from Wednesday to June 5.

HDB will be offering some 3,900 new flats at the next BTO launch in July in the towns of Bedok, Bukit Merah, Clementi, Geylang and Punggol.

Source : CNA – 2012 May 30