HDB BTO Launch Feb 2021 Assessment: Bidadari, Boon Keng, Tengah & Bukit Batok – MoneySmart.sg

After a loopy 2020, 2021’s first HDB BTO launch is an indication that the world goes on turning it doesn’t matter what disasters strike.

To provide you one thing to debate over CNY gatherings, right here’s the lowdown on the Feb 2021 BTO choices in Bidadari, Boon Keng, Tengah and Bukit Batok.

BTO applications are now open, and you’ll apply anytime from now till the tip of 10 Feb 2021.

HDB BTO launch Feb 2021 overview

Within the upcoming BTO train, there are items from two mature estates up for grabs:

• Kallang/Whampoa (ie. Boon Keng): McNair Heights
• Toa Payoh (i.e. Bidadari): Alkaff Breeze, Bartley GreenRise, ParkEdge @ Bidadari

Each are anticipated to be closely oversubscribed as they’re in accessible areas on or close to town fringe. That stated, the Bidadari one has double the items so that you may need a greater probability of acquiring a queue quantity.

As well as, there are two housing initiatives in so-called non-mature estates:

• Bukit Batok: West Hill, Concord Village
• Tengah: Parc Woods

The Bukit Batok launch is in a reasonably established property, non-mature standing however, however Tengah is in a brand new city at the moment present process improvement in what’s at the moment a no-mans’-land of building.

Bidadari BTO (Feb 2021)

Metropolis-fringe Bidadari is an instance of a location that permits you to take pleasure in all of the pleasures of residing in a heartland property, whereas nonetheless being shut sufficient to town centre to not make you tear your hair out when going to city.

The Feb 2021 BTO mission will probably be positioned within the Bidadari space, which for those who recall was really the previous website of a cemetery. Regardless of its previous, this BTO mission is more likely to be oversubscribed, as a handy location nonetheless trumps superstition in Singapore.

The BTO mission is definitely break up into three separate constructing initiatives on completely different plots of land:

• Bartley GreenRise is the northernmost mission, proper subsequent to Bartley MRT station and Maris Stella. It consists of 387 items of 3-room and 4-room flats.
• ParkEdge @ Bidadari is barely additional in, about 7 to 10 minutes’ stroll from Bartley MRT station, and consists of 476 items of 4-room and 5-room flats.
• Alkaff Breeze is the southernmost mission, nearer to the purple line — about 9 minutes’ stroll from Woodleigh MRT — alongside Higher Aljunied Street. It consists of 353 items of 4-room and 5- room flats.

Ranging from $464,000 for a 4-room, this mission is trying actually expensive, however individuals are nonetheless going to hurry for it resulting from its location.

Regardless of being formally positioned in a mature property, the BTO estates’ surrounding space continues to be present process improvement, therefore there is likely to be a non-mature property really feel for a few years. The closest main shopping center is Serangoon Nex, an MRT cease away.

Boon Keng BTO (Kallang/Whampoa, Feb 2021)

The brand new Kallang/Whampoa BTO mission, referred to as McNair Heights, goes to be sizzling property. It’s positioned about 10 minutes’ stroll from Boon Keng MRT on the North East Line — solely quarter-hour to the CBD.

The town fringe location is pretty much as good because it will get. The mission is positioned on Balestier Street, with a number of well-known eateries positioned close by. It additionally enjoys easy accessibility to Serangoon Street which takes you all the way down to Little India after which Rochor/Bugis.

Though Boon Keng is a somewhat outdated and sleepy property, it’s solely a brief stroll or drive to Metropolis Sq. Mall at Farrer Park, the place you are able to do your grocery buying and whatnot. As a bonus, Mustafa Centre is inside straightforward attain too.

The BTO flats may even be positioned close to Sungei Whampoa, which is served by a park connector that may take you both straight to city or to the east.

However until you might be very very fortunate, it’s going to be powerful to pay money for considered one of these flats. And, ranging from $532,000 for a 4-room, these flats are going to be fairly darned costly too.

Bukit Batok BTO (Feb 2021)

For many who are balking on the value of the primary two BTO initiatives, Bukit Batok is a less expensive choice. The Bukit Batok launch is break up into two initiatives:

• West Hill @ Bukit Batok: 962 items of 2- to 5-room flats
• Concord Village @ Bukit Batok: HDB’s first Community Care Apartments, a brand new short-lease flat kind focused at seniors

The previous will probably be positioned about 17 minutes’ stroll from Bukit Gombak MRT, which for many is just a bit too far to be inside snug strolling distance.

If the space doesn’t scare you, you may as well hike to West Mall and Bukit Batok MRT in 18 minutes. On the brilliant facet, the Jurong East buying district is a brief distance away.

General, until you’re employed at Jurong East or Tuas, the situation isn’t tremendous handy and impressive dad and mom gained’t discover any elite colleges right here. It’s, nevertheless, an honest selection for many who are searching for a quiet suburban life in a peaceable neighbourhood at an inexpensive value.

Tengah BTO (Feb 2021)

In the event you’ve been following the previous couple of BTO launches, you’d have observed that the as soon as non-existent Tengah keeps popping up lately. The present one is known as Parc Woods @ Tengah.

Tengah, a patch of land west of Bukit Batok, is being developed from scratch right into a residential space. As a brand new under-construction property, Tengah goes to endure just about the identical destiny as Punggol — building all over the place and, within the first few years a minimum of, a somewhat lacklustre roster of facilities and high quality meals choices.

Like most model new estates, Tengah is more likely to be populated primarily by younger households and newly-BTO-ed {couples} who’re future-oriented and ready to attend for the realm to be developed.

In the event you belong to that group, you may be capable to profit from childcare and different kid-related facilities more likely to spring as much as meet demand. If that doesn’t sound like your factor, nevertheless, the realm doesn’t have a lot to supply apart from low costs.

What’s subsequent?

For these hoping to spice up their probabilities of getting allotted a BTO flat, the Bukit Batok and Bidadari launches each have over 1,000 items every. That being stated, Bidadari is more likely to be closely oversubscribed resulting from its location and the truth that it’s a mature property.

Tengah is the brand new Punggol, with flats being launched at virtually each launch. In the event you urgently want a flat, it shouldn’t be too troublesome to get one in Tengah, both at this launch or the subsequent.

With the intention to purchase a BTO flat, you’ll must submit a poll to your desired flat earlier than the deadline. You’ll discover out in a couple of month whether or not you’ve been profitable or not. (Try our step-by-step guide to buying a BTO flat.)

If you obtain the excellent news that you simply’ve efficiently balloted for a flat, then you can begin making use of for a house mortgage, both from a financial institution or the HDB. To save lots of a bit of cash, keep in mind to compare home loan interest rates, which can be done right here on MoneySmart.

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