Tag Archives: Sengkang

HDB launches two new BTO projects

1,200 flats planned for Sengkang and Jurong West.

THE Housing Board has launched two build-to-order (BTO) projects – Fernvale Palms in Sengkang and Boon Lay Meadow in Jurong West – that will deliver 1,200 new flats to the market.

RELATED LINKS  BUILD-TO-ORDER FLATS

The developments form the initial tranche of the supply of 5,000 new units announced by National Development Minister Mah Bow Tan early this month.

Six other BTO projects, comprising 4,000 flats in total, are expected to be launched over the next two months in towns such as Punggol, Bukit Panjang, Sembawang and Dawson in Queenstown estate. Continue reading

High demand for Sengkang, Jurong West BTO projects on first day of sale

Two Built-To-Order (BTO) housing projects were launched Friday, offering 1,200 flats in Sengkang and Jurong West.

On the first day of sale, the Housing and Development Board (HDB) received 501 applications for the units.

Located near two LRT stations, it is no wonder flat buyers are drawn to the 495 flats available at Fernvale Palms in Sengkang.

Said an interested buyer: “By the time the flat is ready (in three or four years), the place should be more or less established. At the same time, it allows me and my future wife (time) to save up after our marriage.

“I think it’s cheaper than the resale flats because you don’t have to pay the COV. And resale flats tend to be (more expensive) because the sellers tend to sell at high prices.” Continue reading