HDB BTO February 2023: Jurong West, Kallang/ Whampoa, Queenstown, Tengah

February 2023 HDB BTO gross sales train: This time, now we have 4,428 flats out there for balloting. Models are unfold throughout 4 HDB cities: Jurong West, Kallang/ Whampoa, Queenstown and Tengah.

(Do notice that the extra poll probability for first-timers introduced throughout Price range 2023 received’t take impact for this launch. We perceive it’ll take impact from the August BTO train onwards.) 

Right here’s a TL;DR of the Feb 2023 HDB BTO overview

Which February 2023 BTO are PLH initiatives? 

As predicted, the Prime Location Public Housing (PLH) initiatives on this launch are the Queenstown BTO and the Farrer Park BTO at Kallang/ Whampoa. Each are situated within the metropolis fringe and near the MRT station.

Which February 2023 BTO are providing 5-room flats?

On this launch, 5-room flats will solely be out there within the Tengah BTO.

As with latest launches prior to now few years, initiatives within the metropolis fringe, similar to Queenstown and Kallang/ Whampoa received’t offer 5-room flats.

If you wish to purchase a 5-room flat, you possibly can strive balloting for the Could 2023 BTO. It’s after we’ll even have Bedok and Serangoon BTO initiatives providing 5-room flats, on high of Tengah.

Which February 2023 BTO has the shortest ready time? 

If you happen to’re seeking to get a BTO with the shortest ready time, think about balloting for Jurong West Crystal, which has a ready time of three years 11 months. It has the shortest ready time among the many February 2023 BTO launches. 

Alternatively, think about going for resale for a shorter ready time.

Huge HDB flats on the market

February 2023 HDB BTO Venture Abstract

**Disclaimer: Strolling, public transport journey and driving durations are based mostly on Google Maps estimates. Precise occasions might fluctuate.

Jurong West February 2023 BTO (Jurong West Crystal)

Location: Alongside Jurong West Avenue 93

Classification: Non-mature property

Variety of items: 271

Flat sorts: 3-room, 4-room

Worth vary for a 4-room flat: S$288k – S$372k

Estimated ready time: 3 years 11 months (47 months)

Estimated completion date: Q3 2027

Supply possession date: 31 Mar 2029

The very first thing about this Jurong West BTO that caught our eye is that it’s a six-minute stroll to Pioneer MRT. It’s an excellent possibility in order for you an reasonably priced residence close to the MRT.

On the identical time, the BTO plot is alongside the elevated MRT observe of the East-West Line. So it could get a little bit noisy right here, particularly in case you go for stacks going through the observe.

The BTO can also be situated on the fringe of the residential space within the western a part of Singapore. So it’s extra for individuals who don’t thoughts the lengthy travelling time.

Nonetheless, yow will discover facilities inside strolling distance of the BTO, with the closest one being Jurong West Sports activities Centre (a three-minute stroll). In the meantime, Pioneer Mall, Pioneer Polyclinic and the neighbourhood centre at Jurong West Avenue 91 are round a 10-minute stroll.

Right here’s an in-depth evaluation of the February 2023 Jurong West BTO. 

HDB flats on the market in Jurong West

Kallang/ Whampoa February 2023 BTO 

Kallang/ Whampoa have two BTO initiatives launching in February 2023. One will likely be at Jalan Rajah, whereas the opposite venture will likely be at Farrer Park.

Jalan Rajah BTO (Rajah Summit) 

Location: Jalan Rajah

Classification: Mature property

Variety of items: 510

Flat sorts: 3-room, 4-room

Worth vary for a 4-room flat: S$459k – S$631k

Estimated ready time: 4 years 10 months (58 months)

Estimated completion date: Q2 2028

Supply possession date: 31 Dec 2029

We discover this is without doubt one of the websites the federal government introduced in March 2021 that may be cleared for housing. The location was first residence to Moulmein Major College, and final occupied by International Indian Worldwide College earlier than they moved to Punggol.

One other factor about this Jalan Rajah BTO is that whereas it faces the Kallang River, it additionally faces the Pan-Island Expressway. Not ultimate for these in search of a quiet residence.

Its nearest MRT is Toa Payoh MRT at round a 15-minute stroll. So regardless of its city-fringe location, we don’t assume it is going to be a PLH venture.

Farrer Park BTO (Farrer Park Fields) 

Location: Alongside Race Course Street, Hampshire Street, Farrer Park Street

Classification: Mature property

Variety of items: 1,274

Flat sorts: 2-room Flexi, 3-room, 4-room

Worth vary for a 4-room flat: S$484k – S$631k

Estimated ready time: 4 years 5 months (53 months)

Estimated completion date: Q2 2028

Supply possession date: 31 Dec 2029

That is the Farrer Park BTO that the federal government first introduced in April 2022, with plans to combine the general public housing space with sports activities services. Some services we are able to anticipate embody a jogging observe, a 1.2-hectare central inexperienced area and a multi-purpose sports activities corridor that will likely be transformed from the boxing gymnasium.

As predicted, this Farrer Park BTO is a PLH venture. Positioned proper smack between Little India MRT and Farrer Park MRT, it’s round a five-minute stroll to each stations.

One other factor to notice is that this plot is situated proper subsequent to Piccadilly Grand, an built-in improvement launched earlier this 12 months. As of this replace, the typical worth of the apartment during the last six months is S$2,015.54 psf.

If you wish to purchase a house near the MRT and metropolis centre at an reasonably priced worth, that is the BTO to go for.

Right here’s an in-depth evaluation of the February 2023 Kallang/ Whampoa BTO. 

HDB flats on the market in Kallang/ Whampoa

Queenstown February 2023 BTO (Ulu Pandan Glades)

Location: Alongside Commonwealth Avenue West and Ghim Moh Hyperlink

Classification: Mature property

Variety of items: 732

Flat sorts: 3-room and 4-room

Worth vary for a 4-room flat: S$541k – S$711k

Estimated ready time: 5 years 8 months (68 months) 

Estimated completion date: Q2 2029

Supply possession date: 31 Dec 2030

This Queenstown BTO is the second venture situated in Dover Forest after Ulu Pandan Banks that’s simply launched within the November 2022 BTO gross sales train. It’s situated on the east of Ulu Pandan Banks.

In order for you these unblocked views of the landed housing property throughout Ulu Pandan Canal, right here’s one other BTO choice to poll.

Equally, it’s inside strolling distance of the Dover MRT, at round an eight-minute stroll.

And just like the Ulu Pandan Banks BTO, this BTO is right for younger {couples} and small households with school-going youngsters. It’s close to numerous colleges similar to Fairfield Methodist Major and Secondary, New City Secondary, College of Science and Expertise, Anglo-Chinese language JC, Singapore Polytechnic and NUS.

On the identical time, as we’ve predicted, this can be a PLH venture. So it might not be an acceptable residence in case you’re seeking to improve in 10 years, given the 10-year Minimal Occupation Interval (MOP).

Right here’s an in-depth evaluation of the February 2023 Queenstown BTO. 

HDB flats on the market in Queenstown

Tengah February 2023 BTO (Brickland Weave)

Location: Alongside Tengah Boulevard, Brickland Crescent

Classification: Non-mature property

Variety of items: 1,641

Flat sorts: 2-room Flexi, 3-room, 4-room and 5-room

Worth vary for a 4-room flat: S$291k – S$375k

Estimated ready time: 4 years (48 months) 

Estimated completion date: This autumn 2027

Supply possession date: 30 Jun 2029

This Tengah BTO is the one venture on this launch to supply 5-room flats. So right here’s the place to poll in order for you an even bigger residence with essentially the most reasonably priced price ticket. 

Extra importantly, this BTO falls inside 2km radius (1km for some blocks) of ACS (Major) in Tengah, which is able to open in 2030. The college may also be a co-ed one, so you possibly can ship your youngsters there no matter their gender. Given the recognition of the varsity, you possibly can anticipate some enhance in property worth and rental demand in future. 

One other factor we discover is that this BTO is situated on the north-eastern fringe of Tengah, so it’s fairly near Keat Hong. What this implies is that apart from the neighbourhood centres in Tengah, you’ll get to get pleasure from extra amenity choices close by. Attending to Keat Hong by bus may also be extra handy by the Transit Precedence Hall.

Then again, the BTO is kind of removed from the MRT, at round a 15-minute stroll to Choa Chu Kang West MRT on the upcoming Jurong Area Line and Keat Hong LRT. So that you’ll need to depend on the bus to get there. (There’s additionally the upcoming Brickland MRT to look ahead to, though we at present don’t know its precise location other than it being located between Bukit Gombak MRT and Choa Chu Kang MRT.) 

Right here’s an in-depth evaluation of the February 2023 Tengah BTO. 

HDB flats on the market close to Brickland in Tengah

How concerning the Could 2023 HDB BTO?

For now, we all know round 5,480 items will likely be out there within the following estates:

• Bedok: 2-room Flexi, 3-room, 4-room, 5-room, 3Gen
• Kallang/ Whampoa: 3-room, 4-room
• Serangoon: 4-room, 5-room
• Tengah: 2-room Flexi, 3-room, 4-room, 5-room

How concerning the August 2023 HDB BTO?

In response to HDB, round 5,200 to six,200 items will likely be launched within the following cities: 

We’ll do an outline of those initiatives quickly. So watch this area for extra updates from us!

Which February 2023 HDB BTO venture will you go for? Tell us within the feedback part under.

If you happen to discovered this text useful, 99.co recommends Not too long ago MOP-ed 5-room HDB resale flat in Sengkang bought for S$928k and Is it getting more durable to get a BTO as a second-timer?