99.co new HDB review: Upcoming August 2017 BTO Flat Launch

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HDB has officially released 3,897 flats in Bukit Batok and Sengkang in their August 2017 BTO flat launch. The available units range from 2-room Flexi to 5-room flats, and are meant to cater to a diverse range of home buyers including first-timers, multi-generation families, elderly and singles. Homeowner hopefuls have from now until Monday, 7th August, to submit their applications online.

HDB August 2017 BTO flat launch details

Sky Vista @ Bukit Batok

Location: Bukit Batok West Avenue 6

Sky Vista @ Bukit Batok consists of a 28-storey block, as well as another staggered block ranging from 23 to 28 storeys. In total, the 2 blocks will house 257 units of 2-room Flexi and 3-room flats; these will be two of the tallest blocks within the area. Those who are opting for a unit at Sky Vista @ Bukit Batok can expect a selection date that falls between October 2017 to February 2018, and the project is estimated to be completed during Q1 of 2022. This means that homeowners will have to wait for roughly 47 to 48 months before the estimated delivery possession date of 31 January 2023.

West Scape @ Bukit Batok

Location: Between Bukit Batok Road and Bukit Batok West Avenue 2

West Scape @ Bukit Batok comprises of 7 residential blocks ranging from 15 to 17 storeys. In total, homeowners will be able to choose from 1,140 units of 2-room Flexi, 3-, 4-, and 5-room flats. Similar to Sky Vista @ Bukit Batok, the selection date is likely to be between October 2017 to February 2018, but this project will be completed more quickly (within Q3 and Q4 of 2021, to be exact). Homeowners will only have to wait for 43 to 46 months before their delivery possession date, which is estimated to be between 31 August 2022 to 30 November 2022.

Rivervale Shores

Location: Bound by Sengkang East Drive and Tampines Expressway

Rivervale Shores comprises of 16 residential blocks ranging from 8 to 18 storeys tall. There are a total of 2,500 units available; these are spread out over 2-room Flexi, 3-, 4-, and 5-room flats. For Rivervale Shores, the selection date will fall within October 2017 to February 2018, and the building is estimated to be completed between Q2 and Q3 of 2022. Homeowners will have to wait for a total of 51 to 56 months, and delivery possession date is likely to fall within 30 April 2023 to 30 September 2023.

HDB August 2017 BTO Pricing

The estimated pricing of the BTO units available are displayed in the table below. If the prices seem a little too high for comfort, make sure you make full use of the grants that are applicable to you. Do also take note that the price you see here isn’t the final amount that you’ll be paying – you’ll also have to factor in other fees such as stamp duty, conveyancing fees, and more.

 

	Flat Type	Selling Price (Excluding Grants)	Selling Price (Including Grants)
Bukit Batok	2-room Flexi	From $87,000	From $7,000
	3-room	From $171,000	From $96,000
	4-room	From $265,000	From $205,000
	5-room	From $353,000	From $348,000
Sengkang	2-room Flexi	From $78,000	From $4,000
	3-room	From $159,000	From $84,000
	4-room	From $252,000	From $192,000
	5-room	From $317,000	From $312,000

 

Other than these 3,897 BTO flats that are up for grabs, HDB is also releasing 1,394 flats in the Re-Offer of Balance Flats (ROF) exercise. These are unsold balance flats from the November 2016 Sales of Balance (SBF) exercise, and they comprise of 110 units of 2-room Flexi, 384 units of 3-room, 624 units of 4-room, 260 units of 5-room, 7 units of 3Gen and 9 units of executive flats – all in different estates.

Don’t fancy the projects that are currently available? Don’t sweat it – the next BTO flat launch is due in September 2017. With this next release, there will be units available in more locations – more specifically, we’re looking at a total of 4,800 units spread across Geylang, Punggol, Sengkang and Tampines. HDB will also be conducting a SBF exercise concurrently.