The Tengah BTO is the largest challenge within the February 2023 HDB BTO launch, with 1,641 items up for balloting (which implies getting a queue quantity can be simpler). It’s additionally the one challenge to supply 5-room flats on this launch.
February 2023 Tengah HDB BTO: At a look
| Location | Alongside Tengah Boulevard, Brickland Crescent |
| Classification | Non-mature property |
| Flat sorts and variety of items | 1,641 items of 2-room Flexi, 3-room, 4-room, 5-room |
| Value vary for a 4-room flat | S$291k – S$375k |
| Estimated ready time | 4 years |
| Estimated completion date/ Supply possession date | This fall 2027/ 30 Jun 2029 |
| Nearest MRT | Choa Chu Kang West MRT, Keat Hong LRT |
| Notable facilities | Keat Hong Purchasing Centre, Sunshine Place |
February 2023 Tengah HDB BTO: Value vary and estimated month-to-month instalments
Listed here are the value ranges:
| Flat sort | Value vary |
| 2-room Flexi (Kind 1) | S$97k – S$118k |
| 2-room Flexi (Kind 2) | S$122k – S$158k |
| 3-room | S$190k – S$248k |
| 4-room | S$291k – S$375 |
| 5-room | S$401k – S$503 |
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Estimated downpayment, month-to-month instalments and revenue
Based mostly on the value ranges, we are able to estimate the downpayment, month-to-month instalments and family revenue wanted to pay for the February 2023 Tengah BTO flat. These estimates are primarily based on the next assumptions:
As an example, we’ll use the median of the value vary and received’t be taking into consideration any CPF grants or financial savings for use.
| Flat sort | Median worth | Mortgage quantity (80%) | Min. downpayment (20%) | Estimated month-to-month instalment (with 2.6% rate of interest) | Estimated month-to-month family revenue (with 3% stress-test) |
| 2-room Flexi (Kind 1) | S$107,500 | S$86,000 | S$21,500 | S$390.16 | S$1,359.40 |
| 2-room Flexi (Kind 2) | S$140,000 | S$112,000 | S$28,000 | S$508.11 | S$1,770.40 |
| 3-room | S$219,000 | S$175,200 | S$43,800 | S$794.83 | S$2,769.40 |
| 4-room | S$333,000 | S$266,400 | S$66,600 | S$1,208.58 | S$4,211.00 |
| 5-room | S$452,000 | S$361,600 | S$90,400 | S$1,640.47 | S$5,715.83 |
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What we observed in regards to the February 2023 Tengah HDB BTO
*Disclaimer: Strolling, public transport experience and driving durations are primarily based on Google Maps estimates. Precise occasions might range.
As Tengah remains to be beneath improvement, there’s nothing a lot to shout in regards to the facilities right here (for now), aside from being envisioned as a “forest city” and having a centralised cooling system.
That’s, till MOE not too long ago introduced that ACS (Major) will transfer to Tengah in 2030.
Extra importantly, if you happen to’re seeking to apply for BTO this time round, you’ll be glad to know that this Tengah BTO can be inside 2km of the college. This offers you precedence admission if you happen to plan to enrol your children there (sure, it is going to be open to ladies too).
February 2023 Tengah HDB BTO: The professionals
Meals and retail facilities
Brickland Weave BTO is situated within the north-eastern fringe of Tengah, removed from the hub of the brand new city. However the good factor is that it’s close to Keat Hong, making it extra handy to get day by day necessities because the facilities in Tengah are nonetheless being constructed up.
The closest meals and retail facilities for this BTO embody Keat Hong Purchasing centre (which has a moist market and some kopitiams) and Sunshine Place (which has a 24-hour Big grocery store). There’s a Transit Precedence Hall simply subsequent to the block, which connects you to Keat Hong by bus.
That stated, there are plans for a mini mart, consuming homes and retailers to be situated throughout the challenge, so if you happen to’re feeling lazy to prepare dinner, you’ll be able to all the time head downstairs.
We additionally discover on the URA grasp plan that there’s a industrial and residential plot subsequent to this BTO plot. We don’t know if it is going to be a BTO or apartment. However what this implies is that you may anticipate much more facilities corresponding to eateries and retail retailers (possibly a 24-hour grocery store?) nearer to house.
Colleges
Major colleges inside 1km of Brickland Weave embody:
- Chua Chu Kang Major
- St Anthony’s Major
However maybe the spotlight of this BTO (or Tengah, not less than for now) is ACS (Major) come 2030. Particularly, it is going to be situated inside 2km of the BTO. There can even be a SPED college subsequent to the brand new campus.
(However if you happen to’re seeking to reside nearer to the long run ACS (Major) campus, you may need to await the Might 2023 BTO launch, which could have one Tengah challenge that’s proper subsequent to it.)
Moreover these colleges, different colleges close by embody:
- Harmony Major
- South View Major
- Pioneer Major (transferring to Tengah in 2026)
- Unnamed major college (it is going to be the second major college in Tengah, opening in 2028)
- Bukit View Major (transferring to Bukit Batok West in 2027)
- Dunearn Secondary
- Swiss Cottage Secondary
- Bukit Panjang Authorities Excessive
- APSN (Delta Senior College)
- ITE School West
On prime of that, we discover two college plots reverse this BTO (inside 1km) on the URA grasp plan. Nevertheless, we presently don’t know if these can be for brand spanking new colleges, or present colleges that can be relocated.
In the meantime, for these seeking to have children, you’ll be glad to know {that a} childcare centre can be situated inside this BTO.
(Only a thought, but when now we have a primary major college corresponding to ACS (Major) getting relocated from Bukit Timah to Tengah, what’s stopping the opposite ACS colleges from transferring to Tengah sooner or later as effectively? Identical to how the Raffles colleges have moved to Bishan over time, beginning with Raffles Establishment within the 90s.)
February 2023 Tengah HDB BTO: The cons
Accessibility
Proper now, everytime you hear Tengah, you consider how ulu it’s (regardless of tengah which means centre or center in Malay) and the way it’s very removed from the town centre.
Coupled with the truth that this February 2023 Tengah BTO is round a 15-minute stroll to the closest MRT, it loses factors on accessibility. Particularly if you evaluate it with different initiatives within the February 2023 BTO launch.
The closest MRT is Choa Chu Kang West MRT on the Jurong Area Line (JRL) and Keat Hong LRT. Each are round a 15-minute stroll from the BTO, so that you’ll should take the bus.
On the intense aspect, you’ll be able to sit up for the upcoming Brickland MRT on the North-South Line. As of writing, we solely know that it is going to be situated between Bukit Gombak MRT and Choa Chu Kang MRT and can open in mid-2030s. A stretch of the observe runs close to the BTO website, however we presently don’t understand how close to or far the station can be from it.
For drivers, two expressways are close by: Kranji Expressway (KJE) through Brickland Highway and Pan-Island Expressway (PIE) down south.
February 2023 Tengah HDB BTO: What’s the potential worth appreciation?
Since Tengah remains to be being developed, we don’t have information on the resale costs right here. So for now, we’ll consult with the resale costs of 2-room, 3-room, 4-room and 5-room flats within the neighbouring space of Keat Hong.
Over the previous 10 years, HDB flats in Keat Hong have appreciated by a whopping 44.94%, principally pushed by BTO flats within the space which have hit their MOP and entered the resale market from 2020 onwards. The worth improve is approach increased than the typical worth of flats in non-mature estates.
Trying on the worth improve among the many flat sorts in Keat Hong, 4-room and 5-room flats have seen the largest worth improve of 40.50% and 44.34%, respectively, largely as a result of BTO flats coming into the resale market.
(Provided that the chart solely exhibits information for 2-room and 3-room costs from 2020 onwards, it appears that there have been no 2-room and 3-room flats being resold available on the market earlier than that yr.)
Listed here are the typical resale costs in Keat Hong to date this yr, as of 13 Feb 2023:
| Flat sort | Common worth psf | Common worth |
| 3-room | S$597 | S$431,333 |
| 4-room | S$532 | S$538,491 |
| 5-room | S$492 | S$613,491 |
HDB flats on the market in Keat Hong
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In the event you’re pondering of promoting your BTO flat in future, take be aware that it’ll take a while earlier than property costs in Tengah improve, as it should take a number of years to construct facilities right here and for it to develop right into a bustling city, like what we’ve seen for Punggol.
Different main developments within the space that can assist help worth progress in Tengah embody Jurong Innovation District close by, which is slated to carry 95,000 jobs. The opening of the Jurong Area Line and Brickland MRT on the North-South Line can even improve accessibility for residents, making it extra engaging for folks to maneuver right here.
And naturally, the relocation of ACS (Major) in 2030 will assist push up property costs sooner or later, as dad and mom who die die need to enrol their children to the college will need to purchase (or lease) a house inside 1km or 2km of the college.
Will you apply for the February 2023 Tengah HDB BTO? Tell us within the feedback part under.
In the event you discovered this text useful, take a look at our overview of the February 2023 BTO initiatives and opinions of the opposite websites:
