2,110 flats in August 2023 BTO Geylang New Launch within walking distance of Kallang or Commonwealth MRT station

SINGAPORE – Around 40% of the 6,700 Geylang New Launches to be offered for sale in the Build to Order (BTO) trial in August will be in Kallang-Whampoa, with a project 200 meters from Kallang MRT station.

2,110 flats in August 2023 BTO Geylang New Launch within Kallang or Commonwealth MRT station

The Housing Commission on Tuesday released details of six projects it plans to launch in August - three in Kallang-Whampoa, with one each in Queenstown, Choa Chu Kang and Tengah. The Kallang-Whampoa project near Kallang MRT station will feature approximately 1,140 flexible two-, three- and four-room apartments. Sandwiched between Geylang Road and Kallang Airport Road, the project site is a 500-meter walk from Singapore Sports Center and close to a bus station.

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Analysts say the Kallang site and another Geylang Condos in Queenstown located about 300 meters from Commonwealth Underground station could be part of a prime public housing (PLH) model, citing their proximity to the stations. ships and nearby BTO projects are included in this plan.

The Queenstown project will offer 970 apartments at a former Commonwealth Selective Redevelopment (Sers) site next to the Rail Corridor.

He added that the site near Kallang station - one of six areas being prepared for housing by the Urban Redevelopment Authority last week - would likely fall under the PLH model, as it is on the edge of the city and a few mrt stops away. of the Central Business District.

Lee Sze Teck, senior research director at Huttons Asia, agrees, citing the 477-unit Kallang Horizon project – next to Kallang mrt station and launching in November 2022 – following this model.

PLH Geylang New Launches come with stricter resale conditions, including subsidy recovery and a 10-year minimum stay. Elsewhere in town, HDB is expected to launch two projects in Huangpu. A 1,040-unit project consisting of three- and four-room apartments will be launched in Jalan Tenteram, on a plot of land next to the Kallang River.

About 600m away, another project will be launched in Jalan Rajah at an old school by the Whampoa River. It will feature about 730 flexible two-room apartments and four-room apartments. Future residents will be close to a bus stop and a 600m walk from the center of Whampoa, where the wet market and hawker center, as well as other shops, are located.

In Queenstown, HDB will build apartments on the site of the former 74 to 80 Commonwealth Drive Estates, identified as a Sers project in August 2008. The properties, comprising 669 households , has been demolished since 2016.

Mr. Mak said this project will probably follow the PLH model as it is located near a mrt station. He noted that the Ghim Moh Natura project, located further from the city center, is part of this plan.

Mr. Lee noted that apartments at nearby Block 50 Commonwealth Drive have sold for more than $1 million. From November 2021 to January 2023, three five-room apartments in the property surpassed the mark.

The fifth project to open for sale in August will be the largest project with 1,870 apartments. It will include a wide range of apartment types – two-room, three-, four- and five-room flexible apartments, and three generations of apartments. To be integrated with part of the Rail Corridor, the project located along Woodlands Road will feature a linear green area running along the Pang Sua Canal.

The project in Tengah will feature 1,010 units, with a mix of flexible two-room units, as well as three, four and five-room apartments. About 250 will be rental apartments. It will be located next to the Jurong Region Line mrt station which is scheduled to open in 2028 and within walking distance of Pioneer Elementary, which will be moved to Tengah in 2026.

The August launch will add to the approximately 9,900 BTO apartments launched in 2023 – 5,495 on Tuesday and 4,428 in February. New measures that prioritize first-time BTO apartment registrants will come into effect from their launch in August, along with tightened apartment selection rules to reduce the number of people opting out of apartment selection.

HDB said Tuesday it will offer about 6,300 apartments for sale in November. These are expected to be in Bukit Panjang, Jurong West, Woodlands, Bedok, Bishan, Bukit Merah and Queenstown.

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Adapt from The Straitstimes News