Image credit: HDB
In our previous article, we mentioned the upcoming HDB BTO launch in February 2024, featuring nearly 4,100 units across six projects. Now, let’s dive deeper into the specifics – the locations, amenities, MRT accessibility, and insights from property analysts.
Note that in order to provide applicants with additional time to carefully consider their options, HDB will be prolonging the application period from 7 days to 8 days, starting from the Feb 2024 BTO exercise. As such, the application deadline for the sales exercise that is now underway is on February 28, 2024, at 11:59pm.
BTO developments overview
Six developments will take the spotlight in the upcoming BTO sale exercise of 2024. These include Tanglin Halt, Bedok, Queenstown, Choa Chu Kang, Hougang, Punggol, and Woodlands. A diverse array of options for potential homeowners to consider.
| Estate | Number of units | Unit types |
| Tanglin Halt | 251 | Two-room flexi and 4-room flats |
| Bedok | 961 | Two-room flexi, 4-room, and 5-room flats |
| Punggol | 962 | Two-room flexi, 3-room, 4-room, and 5-room flats |
| Woodlands | 1,127 | Two-room flexi, 3-room, 4-room, and 5-room flats |
| Choa Chu Kang | 465 | Two-room flexi, 3-room, and 4-room flats |
| Huogang | 360 | Two-room flexi, 3-room, and 4-room flats |
| Total units | 4,126 | |
Integrated Development in Tanglin Halt – Tanglin Halt Courtyard
Tanglin Halt, one of Singapore’s oldest housing estates, is set to host an integrated development offering approximately 251 two-room flexi and four-room flats. This marks the second BTO project in Tanglin Halt, part of a broader plan to build up to 5,500 flats over the next decade.
Property analysts foresee substantial demand for this integrated development, strategically designed to include HDB flats, shops, a hawker centre, market, and even the relocation of Queenstown Polyclinic. The prime location and close proximity to amenities make this a highly sought-after project.
Note that according to HDB, this project will be falling under the Prime Location Housing (PLH) Model. As such, it will be subject to a 10-year Minimum Occupation Period (MOP), along with specific HDB regulations unique to PLH projects.
Project name: Tanglin Halt Courtyard.
Nearest MRT station to project: Commonwealth MRT.
| Flat type | Selling price (Excluding grants) | Selling price (Including grants) | Transacted prices of nearby resale flats |
|---|---|---|---|
| 2-room Flexi | From S$235,000 | From S$155,000 | – |
| 4-room | From S$565,000 | From S$520,000 | S$848,888 – S$1,000,000 |
Keen to learn more about the Tanglin Halt BTO? Read our in-depth cover here: Tanglin Halt, Queenstown: 5,500 new flats & heritage preservation
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Bedok BTO projects – Bedok South Bloom, Bedok North Springs
Moving eastward, Bedok unveils two projects that collectively offer 961 two-room flexi, four-, and five-room flats.
One of these projects, namely the Bedok North Springs, is nestled near Bedok Reservoir MRT station along Bedok North Street 3, and the other adjacent to Bedok Green Primary School in New Upper Changi Road, promises diverse options for potential homeowners.
Project name: Bedok South Bloom, Bedok North Springs.
Nearest MRT station to project: Bedok and Tanah Merah MRT stations.
| Flat type | Selling price (Excluding grants) | Selling price (Including grants) | Transacted prices of nearby resale flats |
|---|---|---|---|
| 2-room Flexi | From S$155,000 | From S$75,000 | – |
| 4-room | From S$451,000 | From S$406,000 | S$690,000 – S$858,888 |
| 5-room | From S$605,000 | From S$575,000 | S$870,000 – S$970,000 |
Read more: Bayshore BTOs to be launched for sale in H2 2024
Punggol BTO project – Matilda Riverside
Punggol features a 962-unit project in Sumang Lane, overlooking the picturesque Punggol Reservoir. This development will offer two-room flexi, three-, four-, and five-room flats, providing a spectrum of choices for residents.
Project name: Matilda Riverside.
Nearest MRT station to project: Punggol MRT station (about a 25-minute walk away).
| Flat type | Selling price (Excluding grants) | Selling price (Including grants) | Transacted prices of nearby resale flats |
|---|---|---|---|
| 2-room Flexi | From S$131,000 | From S$51,000 | S$325,000 – S$360,000 |
| 3-room | From S$242,000 | From S$167,000 | S$425,000 – S$455,000 |
| 4-room | From S$318,000 | From S$258,000 | S$530,000 – S$605,000 |
| 5-room | From S$464,000 | From S$419,000 | S$650,000 – S$745,000 |
Punggol project concerns
However, concerns linger around the Punggol project. Despite potential pent-up demand, the absence of proximity to MRT or LRT stations might affect its appeal to prospective buyers. So, unless you’re driving, this might be something to consider if you have set your sights on this development.
Woodlands BTO project – Woodgrove Edge
Heading to the northern part of Singapore, a colossal 1,127-unit project is set to rise in Woodlands.
Situated along Woodgrove Avenue and Rosewood Drive, this development comprises two-room flexi, three-, four-, and five-room flats, making it the largest project in this BTO exercise.
Project name: Woodgrove Edge.
Nearest MRT station to project: Woodlands South MRT station.
| Flat type | Selling price (Excluding grants) | Selling Price (Including grants) | Transacted prices of nearby resale flats |
|---|---|---|---|
| 2-room Flexi | From S$119,000 | From S$39,000 | S$320,000 – S$348,000 |
| 3-room | From S$223,000 | From S$148,000 | S$415,000 – S$470,000 |
| 4-room | From S$303,000 | From S$243,000 | S$520,000 – S$615,888 |
| 5-room | From S$412,000 | From S$367,000 | S$620,000 – S$718,000 |
Choa Chu Kang BTO project – Rail Garden @ CCK
Choa Chu Kang introduces a project featuring 465 two-room flexi, three-, and four-room flats along the Pang Sua Canal. This BTO project will mark the conclusion of the housing estate development on the site of Pang Sua Woodland.
Project name: Rail Garden @ CCK.
Nearest MRT station to project: Bukit Panjang MRT station.
| Flat type | Selling price (Excluding grants) | Selling price (Including grants) | Transacted prices of nearby resale flats |
|---|---|---|---|
| 2-room Flexi | From S$102,000 | From S$22,000 | S$283,000 – S$325,000 |
| 3-room | From S$202,000 | From S$127,000 | S$402,500 – S$417,000 |
| 4-room | From S$300,000 | From S$240,000 | S$515,000 – S$615,000 |
Read more: New HDB BTO classification: Know the difference between Standard, Plus, and Prime flats
Choa Chu Kang project considerations
Despite the positive momentum, analysts highlight a potential snag – the absence of five-room flats.
This deviation from the earlier Rail Green I and II @ CCK projects might impact the development’s attractiveness to certain buyers. Analysts warn that a scarcity of larger flats could drive prices upward, potentially making them less accessible to the broader Singaporean population.
Hougang BTO project – Tanjong Tree Residences @ Hougang
Finally, Hougang emerges with a project offering approximately 360 two-room flexi, three-, and four-room flats along Hougang Street 13.
The nearest MRT station, Bartley, is conveniently located about 850 metres away, ensuring accessibility for residents.
Project name: Tanjong Tree Residences @ Hougang.
Nearest MRT station to project: Bartley MRT station.
| Flat type | Selling price (Excluding grants) | Selling price (Including grants) | Transacted prices of nearby resale flats |
|---|---|---|---|
| 2-room Flexi | From S$136,000 | From S$56,000 | – |
| 3-room | From S$247,000 | From S$172,000 | S$408,000 – S$438,000 |
| 4-room | From S$371,000 | From S$311,000 | S$530,000 – S$654,888 |
Read more: HDB extends validity of HFE letters to nine months
Which BTO project are you going for? Let us know in the comment section below or on our Facebook page.
HDB BTO February 2024 FAQ
What are the locations included in the HDB BTO 2024 February launch?
The HDB BTO 2024 February launch includes projects in Tanglin Halt, Bedok, Punggol, Woodlands, Choa Chu Kang, and Hougang.
How many units and what types of flats will be available in the Bedok BTO projects?
The Bedok BTO projects will offer a total of 950 units, comprising two-room flexi, four-room, and five-room flats.
What are the concerns associated with the Punggol BTO project?
The main concern with the Punggol BTO project is its lack of proximity to MRT or LRT stations, which might affect its appeal to potential buyers, especially those who do not drive.
What is unique about the Tanglin Halt integrated development in the upcoming BTO launch?
The Tanglin Halt integrated development is part of a plan to build up to 5,500 flats over the next decade. It will offer approximately 250 two-room flexi and four-room flats and include amenities like HDB flats, shops, a hawker centre, a market, and the relocation of Queenstown Polyclinic.
What potential issue did analysts highlight about the Choa Chu Kang BTO project?
Analysts have highlighted the absence of five-room flats in the Choa Chu Kang BTO project, which deviates from earlier projects in the area. This could impact its attractiveness to certain buyers and potentially drive prices upward.
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About Sophiyanah David
Sophi, a seasoned copywriter specialising in Singaporean real estate and property, is one of the minds behind 99.co's informative articles. Like her colleagues at 99.co, Sophi is dedicated to keeping you informed about the ever-changing world of real estate so you can find your forever home. When off the clock, you can find her giggling and kicking her feet as she reads her romance novels, watching anime - if FMBA is not your fave, she might fight you (but you'll probably win) and looking up latest skincare trends.
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