Now that the February 2023 BTO season is over, let’s sit up for the Might 2023 BTO. For now, we all know that round 5,480 items will probably be accessible for balloting throughout 4 estates.
This would be the final HDB BTO launch the place first-timer candidates who reject the chance to guide a flat can nonetheless get yet one more likelihood to take pleasure in first-timer advantages the subsequent time they poll for a flat.
From the August 2023 BTO train onwards, when you select to reject your likelihood of reserving a flat, you’ll robotically be thought-about a second-timer for one 12 months. We go into extra element on the implications right here, however briefly, what this implies is that your possibilities of securing a flat will probably be even decrease.
TL;DR of the Might 2023 HDB BTO
| Bedok BTO | Kallang/ Whampoa BTO | Serangoon BTO | Tengah BTO (Plantation Shut) | Tengah BTO (Tengah Park Avenue) | |
| Classification | Mature property | Mature property | Mature property | Non-mature property | Non-mature property |
| Variety of items | 1,630 | 570 | 330 | 970 | 1,980 |
| Flat sorts | 2-room Flexi
3-room 4-room 5-room 3Gen |
3-room
4-room |
4-room
5-room |
2-room Flexi
3-room 4-room 5-room |
2-room Flexi
3-room 4-room 5-room |
| Estimated worth vary for a 4-room flat* | S$450k – S$550k | S$490k – S$640k | S$350k – S$430k | S$310k – S$415k | S$310k – S$415k |
| Estimated ready time | TBC | TBC | TBC | TBC | TBC |
| Estimated completion date | TBC | TBC | TBC | TBC | TBC |
| Supply possession date | TBC | TBC | TBC | TBC | TBC |
*Supply: SRX. These estimations consider close by resale transacted costs and launch costs of latest BTO workouts, and have been adjusted for variations in property age and site. If a launch is nearer to an MRT or business improvement, it’s more likely to be dearer.
Which Might 2023 BTO is a PLH mission?
HDB hasn’t introduced this but, however we’re 99% sure it will likely be the Kallang/ Whampoa BTO, because it’s proper subsequent to a PLH mission: the Farrer Park Fields BTO.
Which Might 2023 BTO are providing 5-room flats?
Other than the Kallang/ Whampoa BTO, all of the Might 2023 tasks will supply 5-room flats. These are Bedok BTO, Serangoon BTO and the 2 Tengah BTO.
Abstract of every Might 2023 HDB BTO mission
(We’ll do an in-depth evaluation for every location, so look out for these within the subsequent few weeks. You’ll want to bookmark this web page too, as we’ll replace it with extra data when the Might 2023 BTO gross sales train begins.)
**Disclaimer: Strolling, public transport trip and driving durations are primarily based on Google Maps estimates. Precise occasions could differ.
Bedok Might 2023 BTO
Location: Alongside Bedok South Street and Bedok South Avenue 3
Classification: Mature property
Variety of items: 1,630
Flat sorts: 2-room Flexi, 3-room, 4-room, 5-room, 3Gen
Estimated worth vary for a 4-room flat: S$450k – S$550k
Estimated ready time: TBC
Estimated completion date: TBC
This Bedok BTO is likely one of the most fun tasks on this launch. It’s been virtually seven years since HDB final launched a BTO within the property. (If you happen to’re weighing your choices between a resale flat and a BTO flat, you may need to contemplate Fengshan Greenville, which can MOP this 12 months!)
What’s extra, it’s the one mission within the Might 2023 launch to have 3Gen flats. Not like typical BTO flats, 3Gen flats characteristic a further master suite with an ensuite rest room. The final time we had 3Gen flats was the August 2022 BTO in Ang Mo Kio, which attracted loads of buzz.
Apart from that, this BTO is fairly close to the MRT at round a 12-minute stroll to Tanah Merah MRT, which has a direct hyperlink to Sceneca Residence. The built-in improvement has a mall on the primary ground.
You’re additionally one cease away from Bedok MRT, the place there’s Bedok Mall and Djitsun Mall Bedok. Stroll somewhat additional, and also you’ll discover Sky Eden@Bedok apartment (aka former Bedok Level), a mixed-use improvement that includes retail retailers on the bottom ground.
Down south at round a 12-minute stroll is the upcoming Bedok South MRT (to be prepared in 2025) on the Thomson-East Coast Line (TEL). So that you’ll have yet one more MRT line to depend on apart from the East-West Line (EWL).
Nearer to dwelling, Bedok View Secondary and Katong College (Particular Training) are subsequent to this BTO website. However extra importantly for these in search of a property close to a preferred main college, this BTO is inside 1km of Temasek Main, and inside 1-2km vary of Pink Swastika College.
Learn in-depth assessment of Might 2023 Bedok BTO.
HDB flats on the market in Bedok
Kallang/ Whampoa Might 2023 BTO
Location: Alongside Farrer Park Street and Dorset Street
Classification: Mature property
Variety of items: 570
Flat sorts: 3-room, 4-room
Estimated worth vary for a 4-room flat: S$490k – S$640k
Estimated ready time: TBC
Estimated completion date: TBC
The very first thing that caught our eye is that this website is north of the February 2023 Farrer Park Fields BTO, a PLH mission. So this BTO will share related close by facilities.
On the similar time, in comparison with Farrer Park Fields, this website is somewhat farther from the 2 MRTs within the space. It’s round a 10-minute stroll to Little India MRT and Farrer Park MRT. The latter is situated beneath Metropolis Sq. Mall.
Nonetheless, this Kallang/ Whampoa BTO will in all probability nonetheless be a PLH website given town fringe location and strolling distance to Little India MRT. If you happen to handle to get a flat right here, this implies you’ll must dwell in it for not less than 10 years to satisfy the Minimal Occupation Interval (MOP).
Maybe the spotlight of this mission is that it’s proper subsequent to the upcoming sports activities services in Farrer Park. Some services you’ll be able to sit up for embody an open discipline and a swimming pool. This makes it perfect for small households.
HDB flats on the market in Kallang/ Whampoa
Serangoon Might 2023 BTO
Location: Alongside Serangoon North Avenue 1 and Yio Chu Kang Street
Classification: Mature property
Variety of items: 330
Flat sorts: 4-room and 5-room
Estimated worth vary for a 4-room flat: S$350k – S$430k
Estimated ready time: TBC
Estimated completion date: TBC
One other thrilling mission on this BTO launch is the Serangoon BTO. As a result of the primary and final time HDB launched a BTO right here was virtually a decade in the past, and that’s for short-lease studio flats catered for the aged.
So we are able to just about say that that is the very first BTO launch in Serangoon that’s open to {couples} and households for the reason that BTO system began in 2001! (This additionally signifies that beforehand, if you wish to purchase a flat right here, the one choice was the resale market.)
One other factor that stands out to us is that it’s very close to Serangoon Backyard, which primarily contains non-public condos and landed properties. Extra importantly for foodies, it’s a foodie’s heaven with the well-known Chomp Chomp Meals Centre and cafes within the space.
Furthermore, in round 10 years’ time (or round 5 years after shifting in), you’ll have Serangoon North MRT on the brand new Cross Island Line (CRL) at round a 13-minute stroll away. When the primary part is prepared in 2032, the North-East Line (NEL) will probably be one cease away through Hougang MRT. In the meantime, the North-South Line (NSL) will probably be two stops away through Ang Mo Kio MRT.
Future mother and father who die die need to get their youngsters into a preferred main college may even need to hold a glance out for this BTO because it’s inside 1km of Rosyth College.
Briefly, this Serangoon BTO is comparatively centrally situated however doesn’t include the PLH restrictions. However because it’s the smallest mission within the Might 2023 launch with solely round 330 flats up for grabs, competitors right here will probably be stiff.
Learn in-depth assessment of Might 2023 Serangoon BTO.
HDB flats on the market in Serangoon
Tengah Might 2023 BTO
This launch options two BTO tasks in Tengah. One is at Plantation Shut, and the opposite is subsequent to the brand new ACS (Main) campus.
Plantation Shut BTO
Location: Alongside Plantation Shut
Classification: Non-mature property
Variety of items: 970
Flat sorts: 2-room Flexi, 3-room, 4-room and 5-room
Estimated worth vary for a 4-room flat: S$310k – S$415k
Estimated ready time: TBC
Estimated completion date: TBC
The primary spotlight of this Plantation Shut BTO (not less than for now) is that it’s situated on the southern fringe of Tengah, so it’s proper subsequent to Jurong East. This makes it extra handy to entry sure facilities as it can take a while for Tengah to develop.
We additionally like that it’s round a five-minute stroll from the upcoming Tengah Park MRT (to be prepared in 2028) on the Jurong Area Line (JRL). Barring any delays, the MRT needs to be prepared when residents begin shifting right here.
Drivers may even recognize that it’s close to the PIE. However given how shut it’s, it may well get fairly noisy right here, even with the proposed park (and most definitely a multi-storey automobile park) performing as a buffer.
That apart, this BTO is inside a five-minute stroll of the primary main college in Tengah. The aptly named Pioneer Main College will relocate to the brand new city in 2026. (Perhaps that is the true purpose why they saved the title Pioneer as an alternative of Juying when the colleges have been merged final 12 months 🤔)
We additionally need to level out that this website is subsequent to 2 EC websites, with one of many websites presently up for tender. If you happen to’re trying to improve to non-public property in future, you may additionally need to contemplate these ECs.
Tengah Park Avenue BTO
Location: Alongside Tengah Park Avenue and Tengah Park Stroll
Classification: Non-mature property
Variety of items: 1,980
Flat sorts: 2-room Flexi, 3-room, 4-room and 5-room
Estimated worth vary for a 4-room flat: S$310k – S$415k
Estimated ready time: TBC
Estimated completion date: TBC
The Tengah Park Avenue BTO is likely one of the most anticipated tasks on this launch. It is because it’s situated proper subsequent to the brand new ACS (Main) campus, which can transfer to its new dwelling in 2030.
We received’t be shocked if software charges right here will probably be greater than the common in Tengah. Extra individuals are anticipated to poll right here, whether or not it’s as a result of they really need to enrol their youngsters within the fashionable main college or they hope to promote the flat at a better worth after MOP. In spite of everything, possibilities of getting a BTO flat subsequent to a preferred main college are onerous to come back by.
Other than that, we like that this BTO is situated within the coronary heart of Tengah, with the bus interchange proper throughout the road and the car-free city centre round a five-minute stroll. Right here’s additionally the place the brand new Tengah MRT (opening in 2027) on the JRL will probably be situated at.
Plus, there’s the upcoming Central Park on the north of the BTO, the place you’ll be able to take pleasure in strolls within the manicured landscaped park.
Learn in-depth assessment of Might 2023 Tengah BTO.
HDB flats on the market close to Tengah
How concerning the August 2023 HDB BTO?
HDB will solely launch extra details about the August 2023 BTO tasks, akin to the precise places and variety of items in the course of the Might 2023 BTO launch.
Based on HDB, round 5,200 to six,200 items will probably be launched within the following cities:
- Choa Chu Kang: 2-room Flexi, 3-room, 4-room, 5-room, 3Gen
- Tengah: 2-room Flexi, 3-room, 4-room, 5-room
- Bukit Merah: 2-room Flexi, 3-room, 4-room
- Kallang/ Whampoa: 2-room Flexi, 3-room, 4-room
- Queenstown: 3-room, 4-room
We’ll do an summary of those tasks when HDB releases extra data. So watch this area for extra updates from us!
What’s important to know now are the modifications taking impact from the August 2023 BTO onwards.
As talked about earlier, when you reject an opportunity to guide a flat, you’ll be thought-about a second-timer while you apply for BTO once more. This second-timer part will final for a 12 months. This ensures a extra environment friendly allocation of flats for individuals who want them.
Talking of extra environment friendly allocation, first-timer households with youngsters and married {couples} aged 40 and beneath who’ve by no means owned a home earlier than can sit up for a greater likelihood of securing a flat. HDB may even introduce a brand new class for this group of individuals, known as the First-Timers (Mother and father and Married {Couples}) or FT (PMC). Not like typical first-timers, they may get yet one more poll likelihood.
Which Might 2023 HDB BTO mission will you go for? Tell us within the feedback part beneath.
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