HDB August 2022 BTO Launch Review: What You Should Expect

– Advertising –

Now that the Previous BTO and FBS exercises (May 2022) are complete, it’s time to look at the locations of the next HDB BTO projects that will be launched in August. Whether you are attached, eligible single over 35, or even under joint singles schemedo not wait any longer !

For starters, there will be around 4,960 units available for voting across seven projects across six areas, which will translate to around an 8% increase in units from the previous launch.

If BTO’s previous launch locations didn’t get you excited, maybe this will. There will be a total of seven projects, three of which are located in mature areas like Bukit Merah and Ang Mo Kio. The other four sites will be in immature domains.

HDB August 2022 BTO Launch Presentation

The main highlight of this BTO launch is undoubtedly the Bukit Merah project launched under the Prime Location Housing (PLH) model – which means buyers face certain restrictions like a Minimum Occupancy Period (MOP) of 10 years and subsidy recoveries.

The other two mature areas are also up for grabs, namely Ang Mo Kio and Tampines. Budget-conscious buyers can choose from non-mature estates including Choa Chu Kang, Jurong East and Woodlands.

BTO Launch Estate Unit mixture Units available
Ang Mo Kio 2 pcs Flexi, 4 pcs, 5 pcs, 3Gen 890
Bukit Merah (View of Alexandra) 3 pieces, 4 pieces 780
Bukit Merah (Havelock Road) 3 pieces, 4 pieces 870
Choa Chu Kang Flexi 2 pieces, 3 pieces, 4 pieces, 5 pieces 980
Jurong East Flexi 2 pieces, 3 pieces, 4 pieces 560
Tampines 4 pieces, 5 pieces 260
Wood Flexi 2 pieces, 3 pieces, 4 pieces 620

Prime Location Housing Model (PLH)

For those who don’t know what the PLH model is, here is a quick overview:

Source: Housing Development Board (HDB)

This allows new public housing built in prime central locations to remain affordable and accessible to Singaporeans.

For more information, you can visit the HDB website at here.

Ang Mo Kio

Flat types Sale price
Flexi 2 pieces S$170,000 – S$253,000
3 pieces S$390,000 – S$450,000
4 rooms S$530,000 – S$630,000
5 pieces S$680,000 – S$830,000

ang mo kio bto august 2022
Source: Housing Development Board (HDB)

Location: Along Ang Mo Kio Central 2 and 3, Ang Mo Kio Avenue 8

Public transport: Ang Mo Kio MRT, Yio Chu Kang MRT (12 mins walk)

Approvals: AMK Hub, Ang Mo Kio Public Library, Ang Mo Kio Central Market and Food Center, Broadway Plaza, Cheng San Community Club and Yio Chu Kang Stadium

Schools: Mayflower Primary School, Anderson Secondary School, Jing Shan Primary School, CHIJ St. Nicholas Girls Primary and Secondary School, Yio Chu Kang Secondary School, Presbyterian Secondary School, ITE College Central, Nanyang Polytechnic, Anderson Serangoon Junior College

Bukit Merah (View of Alexandra)

Flat types Sale price
3 pieces S$370,000 – S$530,000
4 rooms S$540,000 – S$770,000

bukit merah alexandra bto august 2022
Source: Housing Development Board (HDB)

Location: View Alexandra

Public transport: Redhill MRT (4 min walk), Tiong Bahru MRT (10 min walk)

Approvals: Anchorpoint Shopping Center, Redhill Market, Delta Sports Hall, Kim Seng Community Center, Tiong Bahru Plaza, Tiong Bahru Market & Food Center, IKEA Alexandra

Schools: Alexandra Primary School, Gan Eng Seng Primary School, Zhangde Primary School, Bukit Merah Secondary School, Crescent Girls Secondary School, Gan Eng Seng Secondary School

Bukit Merah (Havelock Road)

Flat types Sale price
3 pieces S$370,000 – S$530,000
4 rooms S$540,000 – S$770,000

bukit merah havelock bto august 2022
Source: Housing Development Board (HDB)

Location: Havelock Road

Public transport: Havelock MRT (4 min walk), Tiong Bahru MRT (9 min walk)

Approvals: Anchorpoint Shopping Center, Redhill Market, Delta Sports Hall, Kim Seng Community Center, Tiong Bahru Plaza, Tiong Bahru Market & Food Center, IKEA Alexandra

Schools: Alexandra Primary School, Gan Eng Seng Primary School, Zhangde Primary School, Bukit Merah Secondary School, Crescent Girls Secondary School, Gan Eng Seng Secondary School

Choa Chu Kang

Flat types Sale price
Flexi 2 pieces > S$72,000
3 pieces S$200,000 – S$260,000
4 rooms S$300,000 – S$380,000
5 pieces S$42,000 – S$520,000

choa chu kang bto august 2022
Source: Housing Development Board (HDB)

Location: Along Choa Chu Kang Avenue 7, Choa Chu Kang Grove and Keat Hong Link

Public transport: Keat Hong LRT (6 min walk), Teck Whye LRT (7 min walk)

Approvals: Block 253 Choa Chu Kang Market & Food Centre, Keat Hong Shopping Centre, Tembusu Park, Choa Chu Kang Community Club, Teck Whye Shopping Centre, Pang Sua Park Connector, Lot One Shoppers’ Mall, Choa Chu Kang Public Library

Schools: Chua Chu Kang Primary School, South View Primary School, Teck Whye Primary School, Chua Chu Kang Secondary School, Teck Whye Secondary School, ITE College West, Jurong Pioneer Junior College

Jurong East

Flat types Sale price
Flexi 2 pieces > S$121,000
3 pieces S$240,000 – S$300,000
4 rooms S$350,000 – S$440,000

jurong est bto august 2022
Source: Housing Development Board (HDB)

Location: Along Jurong Street East 24

Public transport: Jurong East MRT (16 min walk), Toh Guan MRT and Bukit Batok West MRT (coming soon)

Approvals: Jurong Regional Library, Yuhua Community Club, Jurong Park Connector, Bukit Batok Park Connector, IMM, JEM, JCube, Westgate

Schools: Fuhua Elementary School, Yuhua Elementary School, Crest Middle School

Tampines

Flat types Sale price
4 rooms S$390,000 – S$490,000
5 pieces S$530,000 – S$650,000

tampines bto august 2022
Source: Housing Development Board (HDB)

Location: Along Tampines Street 41

Public transport: Tampines East MRT (7 min walk), Tampines MRT (12 min walk)

Approvals: Tampines North Community Club, Century Square, Tampines Mall, Tampines One, Our Tampines Hub, Tampines Eco Green Park (Interim), City Life @ Tampines, The Tampines Trilliant, Tampines Park Connector

Schools: Angsana Primary School, Chongzheng Primary School, Gongshan Primary School, Tampines Primary School, Tampines North Primary School, Yumin Primary School, Dunman Secondary School, Ngee Ann Secondary School, Pasir Ris Secondary School

Wood

Flat types Sale price
Flexi 2 pieces > S$98,000
3 pieces S$230,000 – S$290,000
4 rooms S$340,000 – S$470,000

bto forests august 2022
Source: Housing Development Board (HDB)

Location: Along Woodlands Avenue 1 and Woodlands Drive 16

Public transport: Woodlands South MRT (4 minute walk)

Approvals: Vista Park, Vista Point, Mandai Tekong Park, 888 Plaza, Causeway Point, Woodlands Regional Library, Woodlands Health Campus to come, Woodlands Regional Center to come

Schools: Innova Primary School, Woodgrove Primary School, Christ Church Secondary School, Woodgrove Secondary School, Singapore Sports School

Get an HDB home loan

Now that you have a home in mind, that’s half the battle won. Financing your dream home is a major hurdle that most potential buyers will face. To do this, many people will turn to HDB loans, or home loans in Singapore.

Luckily for you, we’ve compiled a very detailed comparison home loans and mortgages in Singapore just for you.

Even after buying your dream home, you still have to consider other expenses. For example, your BTO will not be fully furnished with furniture, tiles and accessories. These home improvement expenses aren’t cheap either and can run into the tens of thousands of dollars or even exceed the hundred thousand dollar mark.

As such, you might want to consider renovation loans in addition to your mortgage. Even after that, there are other aspects of home ownership that you need to consider: for example, Home Insurance.

Home Insurance

hold the house in your hands

Securing your new home against the unexpected is of utmost importance. With the right home insurance, you can not only protect your possessions but also the interior renovations of your home. Some policies even offer special benefits like spoilage protection for pets, maids and food!

Here are a few home insurance plans hand-picked by our analysts as offering the best value:

Etiqa Insurance

Home insurance from Tiq by Etiqa offers some of the cheapest home insurance policies for HDB apartments. This makes it a great option for those looking for the cheapest and best home insurance in Singapore, especially new BTO owners.

Not only are its premiums for HDB apartments 26-60% lower than the market average, but it also offers flexibility in its 3-5 year plans. For these prices, you will receive a useful benefits package, including up to S$5,000 emergency cash allowance within 24 hours, an emergency home assistance benefit of S800 $, debris removal and even credit card theft protection.

For an additional fee, you can also add accidental death coverage, personal cyber protection, or a one-time appliance benefit. For more details, see Etiqa Home Insurance here.

FWD Insurance

FWD is known for its wide range of coverage and affordable premiums, making it one of the best home insurance plans on the market.

If you’re a cost-conscious HDB owner, you’ll be pleasantly surprised by the below-market rates for the 3, 4, and 5-bedroom premiums. Plus, you’ll get coverage for repairs or rebuilding, alternative housing, storage, conservation and firefighting appliances, and home assistance for electrical, plumbing, locksmithing and air conditioning.

Combined with no deductible for burst pipes and fire claims, and affordable supplements for pet and personal accident coverage, the average homeowner will benefit from the best homeowners insurance plan on the market. . Discover a detailed review of FWD Home Insurance here.

Conclusion

Buying your first BTO apartment could prove to be a tedious job with many things to consider. Location and affordability of the apartment are a primary consideration, but post-purchase follow-up is something that many often overlook.

Things like the average cost of home loans, the ability to refinance your home loan, home insurance, and more. should be factors to consider before making your BTO apartment purchase. Nevertheless, taking all these factors into account shouldn’t be a difficult task – just hop on one of our carefully selected guides for an easy comparison!

Refer to here for more tips on managing your personal finances!

Read also :

Follow us on social networks

Send your scoops to [email protected]

– Advertising –

Comments are closed.