The upcoming August BTO launch is one to look out for if you are planning for a…
The upcoming August BTO launch is one to look out for if you are planning for a home with your other half. For the first time, you have up to 8 areas to choose from in a single BTO launch, no thanks to Covid19. That’s a luxury of variety from HDB to potential HDB homeowners. In this article, we breakdown every mature estate option in the upcoming August BTO launch for you.
Check out our other article on the non-mature estate option in the upcoming August BTO launch
Ang Mo Kio is one of the oldest estates in Singapore. As a highly matured estate, you can find plenty of amenities in the area, which makes it one of the selling points of this BTO launch. Families will have a plethora of education options for your children in the Ang Mo Kio estate.
However, one thing to note is that the BTO will be quite a distance away from the Ang Mo Kio town centre where Ang Mo Kio Hub and Ang Mo Kio MRT station is located. You will need to travel 20 minutes by public transport to get from the BTO site to Ang Mo Kio Hub. That being said, there will still be plenty of demand for this BTO at Ang Mo Kio, given that there are 4-room and 5-room units available for balloting.
If you have been thinking of living in a mature estate, this BTO launch is your best chance of getting one. Unlike previous BTO exercises, there are 5 mature estates up for grabs this time. Plus, with these 5 mature estates up for application at the same time, you will have less competition as other applicants can only choose from 1 of the 5 to apply for.
Besides Ang Mo Kio and Geylang, Bishan will be one of the hot BTOs in the BTO exercise. With limited land in Bishan area, you can hardly find new housing developments that are non-condo. This is one of the rare ones that you will have to fight for if you want to stay at a desirable estate like Bishan.
Just like Ang Mo Kio, the downside is that there are very limited units available. In total, there are only 470 units for 2-room Flexi, 3-room and 4-room. That’s around only 400 units (estimated) for 3-room and 4-room.
It is not every day that you get a BTO launch in a mature estate like Geylang, let alone one that is right beside the MRT station. In this upcoming Geylang BTO launch, that’s exactly what you are getting: A BTO in Geylang that is just beside the Dakota MRT station on the Circle Line.
With the MRT station right beside your residence, you have good public transport access to all parts of Singapore, including the Central Business District (CBD). You are also one stop away from the Paya Lebar interchange where there are plenty of shopping malls for you to get your necessities. Plus, this unit also comes with the convenience of staying beside the market and food centre at Old Airport Road. There are also some schools like Kong Hwa School and Broadrick Secondary School in the vicinity for your kids.
The only downside? The small offering of only 420 units. Moreover, the biggest unit is only 4-room.
Source: HDBIt has been awhile since we last had a BTO launch in Pasir Ris. Most of the new launches happening in Pasir Ris have been condo launches. Don’t ask us why. But in the upcoming BTO launch in August, Pasir Ris will have 1,070 units up for grabs.
For those who are looking for a unit that is highly accessible to the MRT, this is one that you should definitely look out for. It is within walking distance to Pasir Ris MRT. That also gives you good access to the nearby hipster hawker centre that is located right next to the Sports Centre.
Besides that, another plus point of this BTO launch in Pasir Ris is its close proximity to the nature. Pasir Ris Park is literally right behind your backyard. And if you stay on a good floor in the right direction, you can have a good view of the ocean view.
This development could also be an investment for the future given that there will be an upcoming mixed development right beside Pasir Ris MRT and a new interchange for the Cross Island Line.
The BTOs nowadays in Tampines have really been just on the outskirts of Tampines. This one is no exception. In reality, this Tampines BTO is really much closer to Bedok than it is to Tampines. Even the nearest MRT station is Bedok Reservoir rather than Tampines West MRT (Note: It’s not even near Tampines MRT yet).
The one thing that we like about this Tampines BTO is that it is located near the PIE. It is also situated quite close to the Downtown Line (Bedok Reservoir MRT). If you require travelling to town for your day-to-day commute, this could be one for you. Nature lovers can also enjoy the close proximity to Bedok Reservoir to spend your leisure time.
Well, the only downside is that there aren’t much food options nearby for you. The closest ones are probably near the Tampines West MRT.
If you managed to successfully ballot for a flat in the upcoming (or previous) BTO, make sure to check out our home loan comparison tool here. The home loan comparison tool is meant to help you find the best home loan deal in the market right now! Don’t hesitate to reach out to us if you are unsure whether you are getting the best loan deal on your home loan.
