{"id":51612,"date":"2022-05-23T19:40:22","date_gmt":"2022-05-23T11:40:22","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=51612"},"modified":"2022-06-13T18:12:27","modified_gmt":"2022-06-13T10:12:27","slug":"2-plh-projects-launched-may-2022-bto","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/2-plh-projects-launched-may-2022-bto\/","title":{"rendered":"2 PLH projects are to be launched in the upcoming May 2022 BTO exercise"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><p>National Development Minister Desmond Lee had just announced in a Facebook post that two <a href=\"https:\/\/www.99.co\/singapore\/insider\/plh-prime-location-public-housing-model-hdb\/\" target=\"_blank\" rel=\"noopener\">Prime Location Public Housing (PLH)<\/a> projects will be launched in the upcoming <a href=\"https:\/\/www.99.co\/singapore\/insider\/may-2022-hdb-bto-overview\/\" target=\"_blank\" rel=\"noopener\">May 2022 BTO exercise<\/a>.<\/p>\n<p><iframe loading=\"lazy\" style=\"border: none; overflow: hidden;\" src=\"https:\/\/www.facebook.com\/plugins\/post.php?href=https%3A%2F%2Fwww.facebook.com%2Fdesmondtslee%2Fposts%2F548754246614793&amp;show_text=true&amp;width=500\" width=\"500\" height=\"501\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>PLH projects were first announced in October 2021 for BTO projects located in prime locations. These flats come with several restrictions, such as a 10-year MOP and a subsidy clawback. The new model came as an increasing number of resale flats were sold for at least a million dollars, with last year recording a record high of 259 transactions.<\/p>\n<p>The first PLH project was launched in <a href=\"https:\/\/www.99.co\/singapore\/insider\/bto-hdb-november-nov-2021-in-depth-review-rochor-plh\/\" target=\"_blank\" rel=\"noopener\">November 2021 at Rochor<\/a>, while the<a href=\"https:\/\/www.99.co\/singapore\/insider\/feb-2022-bto-hdb-kallang-whampoa\/\" target=\"_blank\" rel=\"noopener\"> second one was launched during last February\u2019s BTO launch<\/a>. This means that the upcoming May BTO exercise would be the first time two PLH projects will be launched in the same exercise.<\/p>\n<p>On top of that, the minister announced that one of the Bukit Merah sites would be pushed to the next launch in August.<\/p>\n<h2><strong>PLH projects may be located in Bukit Merah and Queenstown: Analyst<\/strong><\/h2>\n<p>In <a href=\"https:\/\/www.99.co\/singapore\/insider\/may-2022-hdb-bto-review-bukit-merah\/\" target=\"_blank\" rel=\"noopener\">our review<\/a>, we predicted that the two Bukit Merah sites announced in February could both be PLH sites. However, this would no longer be the case given that one of them would be pushed to the next launch.<\/p>\n<p>Christine Sun, Senior Vice President of Research and Analytics at OrangeTee and Tie, believes that the two PLH projects may be in Bukit Merah and Queenstown. This is because both sites are considered prime locations, given their proximity to the city centre, CBD and Orchard shopping belt.<\/p>\n<figure id=\"attachment_48815\" aria-describedby=\"caption-attachment-48815\" style=\"width: 600px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/02\/may-2022-hdb-bto-queenstown-map.jpg\" class=\"img-link media-img img-link media-img\"><img decoding=\"async\" class=\"wp-image-48815\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/02\/may-2022-hdb-bto-queenstown-map.jpg\" alt=\"May 2022 Queenstown BTO\" width=\"600\" height=\"344\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/02\/may-2022-hdb-bto-queenstown-map.jpg 881w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/02\/may-2022-hdb-bto-queenstown-map-150x86.jpg 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/a><figcaption id=\"caption-attachment-48815\" class=\"wp-caption-text\">Location of the Queenstown BTO for the May 2022 launch. Source: HDB<\/figcaption><\/figure>\n<p>\u201cFor the BTO in Bukit Merah, the site is zoned under District 3, categorised as <a href=\"https:\/\/www.99.co\/singapore\/insider\/property-jargon-of-the-day-rest-of-central-region-rcr\/\" target=\"_blank\" rel=\"noopener\">RCR or the Rest of Central Region<\/a>, a proxy for the city fringe area. The BTO site in Queenstown should be under District 10 when we look at URA Space (map), and it is categorised under <a href=\"https:\/\/www.99.co\/singapore\/insider\/property-jargon-of-the-day-core-central-region-ccr\/\" target=\"_blank\" rel=\"noopener\">CCR or Core Central Region<\/a>, which is a prime district for many luxury homes. It is near Buona Vista MRT station and Holland Village, where many private condos are built.\u201d<\/p>\n<p>She expects that given the prime location, both sites will be highly popular, noting that only a few new HDB projects are being built in these areas.<\/p>\n<p>\u201cAs prices of private condos and new ECs are <a href=\"https:\/\/www.99.co\/singapore\/insider\/whats-narrowing-gap-between-ccr-rcr-prices\/\" target=\"_blank\" rel=\"noopener\">still climbing<\/a>, PLH flats may be a good alternative for the sandwiched class. Some young Singaporeans may feel that they have been priced out of the market, especially the ability to purchase a home in the prime districts.\u201d<\/p>\n<h2><strong>Bukit Merah site to be launched in this May 2022 BTO may be the one along Henderson Road<\/strong><\/h2>\n<p>According to Minister Lee, around 4,500 units will be launched in Bukit Merah, Jurong West, Queenstown, Toa Payoh and Yishun.<\/p>\n<p>Previously, given that there were two sites in Bukit Merah, the estimated total number of flats to be launched was 5,330. The reason given for the shift was that more time is needed to review the project, and to better spread out the location of projects in mature and non-mature estates in the launches.<\/p>\n<p>At the same time, there is no major change in the total number of flats to be launched this year, with HDB on track to launch up to 23,000 new flats this year.<\/p>\n<p>In our opinion, the difference of 830 flats meant that the Bukit Merah BTO site that will be pushed back to August 2022 would be the one along Alexandra View. This site is located next to Redhill MRT.<\/p>\n<figure id=\"attachment_48818\" aria-describedby=\"caption-attachment-48818\" style=\"width: 600px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/02\/may-2022-hdb-bto-bukit-merah-tiong-bahru-map.jpg\" class=\"img-link media-img img-link media-img\"><img decoding=\"async\" class=\"wp-image-48818\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/02\/may-2022-hdb-bto-bukit-merah-tiong-bahru-map.jpg\" alt=\"May 2022 Bukit Merah BTO map 2\" width=\"600\" height=\"350\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/02\/may-2022-hdb-bto-bukit-merah-tiong-bahru-map.jpg 1200w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/02\/may-2022-hdb-bto-bukit-merah-tiong-bahru-map-150x88.jpg 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/a><figcaption id=\"caption-attachment-48818\" class=\"wp-caption-text\">Location of the Henderson Road BTO, which we think is the Bukit Merah site launching this May. Source: HDB<\/figcaption><\/figure>\n<p>This would mean that the <a href=\"https:\/\/www.99.co\/singapore\/insider\/may-2022-hdb-bto-review-bukit-merah\/\" target=\"_blank\" rel=\"noopener\">Bukit Merah BTO<\/a> site in this month\u2019s launch will be located along Henderson Road. Notably, this site is just opposite <a href=\"https:\/\/www.99.co\/singapore\/hdb\/city-vue-henderson-denE94BkVCcxYKvpyFu287fb\" target=\"_blank\" rel=\"noopener\">City Vue @ Henderson<\/a>, which recently <a href=\"https:\/\/www.99.co\/singapore\/insider\/most-expensive-hdb-flat-sold-s1-4m-sers-replacement\/\" target=\"_blank\" rel=\"noopener\">made headlines for a record S$1.4 million resale flat<\/a> that was sold in the SERS project.<\/p>\n<p>Given that the month is ending, the May 2022 BTO sales launch is expected to start very soon. Meanwhile, check out our in-depth reviews for the sites in <a href=\"https:\/\/www.99.co\/singapore\/insider\/may-2022-hdb-bto-review-bukit-merah\/\" target=\"_blank\" rel=\"noopener\">Bukit Merah<\/a>, <a href=\"https:\/\/www.99.co\/singapore\/insider\/may-2022-hdb-bto-review-jurong-west\/\" target=\"_blank\" rel=\"noopener\">Jurong West<\/a>, <a href=\"https:\/\/www.99.co\/singapore\/insider\/may-2022-hdb-bto-review-queenstown\/\" target=\"_blank\" rel=\"noopener\">Queenstown<\/a>, <a href=\"https:\/\/www.99.co\/singapore\/insider\/may-2022-hdb-bto-review-toa-payoh\/\" target=\"_blank\" rel=\"noopener\">Toa Payoh<\/a> and <a href=\"https:\/\/www.99.co\/singapore\/insider\/may-2022-hdb-bto-review-yishun\/\" target=\"_blank\" rel=\"noopener\">Yishun<\/a>, which we will update with more information once the launch starts.<\/p>\n<p>There will also be the <a href=\"https:\/\/www.99.co\/singapore\/insider\/sale-of-balance-flats-hdb\/\" target=\"_blank\" rel=\"noopener\">Sale of Balance Flats<\/a> exercise happening simultaneously, offering flats in various estates islandwide. These balance flats include those that were not selected in the BTO exercises, surplus SERS replacement flats and flats that were repurchased by HDB.<\/p>\n<h2><strong>Which project do you think will be the PLH project? Let us know in the comments section below or on our Facebook <a href=\"https:\/\/www.facebook.com\/99dotco\/posts\/2286942398125895\" target=\"_blank\" rel=\"noopener\">post<\/a>.<\/strong><\/h2>\n<p>If you found this article helpful, 99.co recommends <a href=\"https:\/\/www.99.co\/singapore\/insider\/may-2022-hdb-bto-overview\/\" target=\"_blank\" rel=\"noopener\">May 2022 HDB BTO overview: Bukit Merah, Queenstown, Toa Payoh, Yishun and Jurong West<\/a> and <a href=\"https:\/\/www.99.co\/singapore\/insider\/things-must-know-before-apply-sale-of-balance-flat-sbf\/\" target=\"_blank\" rel=\"noopener\">5 things you must know before you apply for HDB\u2019s Sale of Balance Flats (SBF) in 2022.<\/a><\/p>\n<p>Looking for a property? Find the home of your dreams today on Singapore\u2019s fastest-growing <a href=\"https:\/\/www.99.co\/?utm_source=blog%20main%20site%20conversion\" target=\"_blank\" rel=\"noopener\">property portal 99.co<\/a>! If you would like to estimate the potential value of your property, check out <a href=\"https:\/\/www.99.co\/singapore\/property-value-tool\" target=\"_blank\" rel=\"noopener\">99.co\u2019s Property Value Tool<\/a> for free. Also, don\u2019t forget to join our Facebook <a href=\"https:\/\/www.facebook.com\/groups\/yourpropertycommunity\" target=\"_blank\" rel=\"noopener\">community page<\/a> or Telegram <a href=\"https:\/\/go.99.co\/telegram-blog\" target=\"_blank\" rel=\"noopener\">chat group<\/a>! Meanwhile, if you have an interesting property-related story to share with us, drop us a message <a href=\"mailto:marketing@99.co\" target=\"_blank\" rel=\"noopener\">here<\/a> \u2014 and we\u2019ll review it and get back to you.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>National Development Minister Desmond Lee had just announced in a Facebook post that two Prime Location Public Housing (PLH) projects will be launched in the upcoming May 2022 BTO exercise. PLH projects were first announced in October 2021 for BTO projects located in prime locations. These flats come with several restrictions, such as a 10-year&hellip;<\/p>\n","protected":false},"author":111,"featured_media":48818,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_lmt_disableupdate":"no","_lmt_disable":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[53631,53642,57131],"tags":[53645,56996,56602,53680],"persona":[],"class_list":{"2":"type-post","14":"entry","15":"has-post-thumbnail"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>2 PLH projects are to be launched in the upcoming May 2022 BTO exercise - 99.co<\/title>\n<meta name=\"description\" content=\"On top of that, the minister announced that one of the Bukit Merah sites would be pushed to the next launch in August.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.99.co\/singapore\/insider\/2-plh-projects-launched-may-2022-bto\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2 PLH projects are to be launched in the upcoming May 2022 BTO exercise\" \/>\n<meta property=\"og:description\" content=\"On top of that, the minister announced that one of the Bukit Merah sites would be pushed to the next launch in August.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.99.co\/singapore\/insider\/2-plh-projects-launched-may-2022-bto\/\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/99dotco\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-23T11:40:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-13T10:12:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/02\/may-2022-hdb-bto-bukit-merah-tiong-bahru-map.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"700\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Virginia Tanggono\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@99dotco\" \/>\n<meta name=\"twitter:site\" content=\"@99dotco\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Virginia Tanggono\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/2-plh-projects-launched-may-2022-bto\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/2-plh-projects-launched-may-2022-bto\/\"},\"author\":{\"name\":\"Virginia Tanggono\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#\/schema\/person\/0955a51981be4227cfc74bd63e9c428b\"},\"headline\":\"2 PLH projects are to be launched in the upcoming May 2022 BTO exercise\",\"datePublished\":\"2022-05-23T11:40:22+00:00\",\"dateModified\":\"2022-06-13T10:12:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/2-plh-projects-launched-may-2022-bto\/\"},\"wordCount\":894,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/2-plh-projects-launched-may-2022-bto\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/02\/may-2022-hdb-bto-bukit-merah-tiong-bahru-map.jpg\",\"keywords\":[\"bto\",\"May 2022 BTO\",\"PLH\",\"yahoosgfeed\"],\"articleSection\":[\"HDB\",\"HDB BTO in Singapore - BTO 2024, 2025 News &amp; 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