The Housing Development Board has recently announced the open ballot application for the February 2020 BTO launch. It consists of a project in the non-mature town of Sembawang as well as 2 projects in the mature estate of Toa Payoh.
The 3 new projects offer over 3,000 units of 2-room Flexi, 3-, 4- 5-room and 3Gen flats. Applications close on Monday, 17 February 2020 at 11.50pm. Still not sure what’s available in this launch? Here is the essential information that you need.
- Canberra Vista
Located literally outside the newly completed Canberra MRT station, accessibility to public transport is not even a question for this upcoming project. Hop on the train and get to town in less than 30 minutes. With approximately 1,400 flats available for Canberra Vista, competition is unlikely to be stiff.
The selling price is as follows:
- 2-room Flexi from $89,000
- 3-room from $177,000
- 4-room from $272,000
- 5-room from $350,000
- 3Gen from $355,000
With the Enhanced CPF Housing Grant available, you may even be able to get a 2-room Flexi from as low as $9,000. If you’re interested to know more, feel free to Contact Us.
- Kim Keat Ripples
Located along Toa Payoh East and Kim Keat Avenue, this project is not as easily accessible to public transport when compared to Canberra Vista. With that said, Potong Pasir MRT station as well as Toa Payoh MRT station are not that far away either.
There are also various schools located in the vicinity including the St. Andrew’s complex as well as Pei Chu Public School. A variety of amenities including SAFRA and Toa Payoh stadium is also within close proximity.
- Toa Payoh Ridge
Offering close proximity to Braddell MRT station, Caldecott MRT station as well as Toa Payoh MRT station, the 920 units available here will definitely be up for grabs. Furthermore, it is located just opposite Raffles Girl’s School (Secondary) and close to other schools such as CHIJ Primary and Secondary School (Toa Payoh), as well as SJI International School.
The selling price for the Toa Payoh projects is as follows:
- 2-room Flexi from $90,000
- 3-room from $351,000
- 4-room $395,000
Comparing the Sembawang project and the Toa Payoh projects, it can be quite a dilemma for couples to decide which one to go for. On one hand, the Sembawang project is located right in front of Canberra MRT station and opposite the upcoming Canberra Plaza. On the other hand, the Toa Payoh projects, not only being in a mature estate, are surrounded by many primary and secondary schools as well as amenities. However, with a substantial price difference between the projects, it is likely that all 3 projects will see huge demand.
For more information on the launch and to apply, visit HDB.