With the Sale-Of-Balance-Flat (SBF) exercise also launching in November 2019, you need to make the choice between applying for…
The government recently announced that 85% of BTO projects will be facing delay. Will this affect the upcoming BTO launch in May 2021? Well, we think that the May 2021 BTO Launch will continue to be well received despite the delay in BTO projects.
One of the key reasons why we think this group of BTO launches will enjoy great demand is because all the BTOs are located near to 1-2 MRT stations and enjoy relatively good convenience. Here’s what else we think about each of the upcoming BTOs in the May 2021 BTO Launch.
If you have been keeping a watch on the urban development of Singapore, you will know that the stretch from Pasir Panjang to Marina East is going to undergo one of the largest transformation in Singapore.
The area will be transformed into the Greater Southern Waterfront over the next 5-10 years, turning it into a continuous waterfront promenade with connections to green spaces such as the new Pasir Panjang Linear Park and existing parks like West Coast Park and Labrador Nature Reserve.
The 170-units 3-room and 4-room flats that are up for application will be one of the rare BTO launches in the Bukit Merah area. Those who are lucky enough to get a unit here will likely be sitting on a home that has good capital appreciation.
For the May BTO, there is another project that will be launched in the mature estate of Geylang. To be more precise, the project will be in Macpherson, right next to the Macpherson MRT station.
Just like the Bukit Merah BTO, the location for this Macpherson BTO is also desirable.
Served by two MRT lines (Downtown Line and Circle Line), its location at the Macpherson interchange makes travelling very convenient. Plus, it is one stop away from Paya Lebar MRT where you can transit to the East-West Line. In addition, Paya Lebar Central is turning into one of the decentralised work areas in Singapore, which makes this Macpherson BTO a great location to stay at if you are working in that area.
In terms of amenities, the Macpherson BTO is also close to the neighbourhood centre of Macpherson, which is just one street away. There are also three shopping malls at Paya lebar Central for you to get your necessities and groceries.
With 1,380 units available for selection, the chance of you getting a ballot number should be higher than the Bukit Merah BTO. But do note that since this is a mature estate, the price of each unit won’t be cheap.
If you think that Woodlands BTOs aren’t popular, think again. The previous May 2020 BTO at Woodlands (Champions Bliss and UrbanVille @ Woodlands BTO) saw great demand due to its location right behind the Woodlands interchange. For this upcoming Woodlands BTO in May 2021, we expect to see the same kind of got demand because it is also located close to the integrated development of Woods Square.
Like Champions Bliss and UrbanVille @ Woodlands BTO, this upcoming Woodlands BTO will also offer affordable and accessible living in the Northern region of Singapore. Besides the integrated development of Woods Square, those who manage to secure a unit at this Woodlands BTO will also be able to enjoy great transport convenience once the Woodlands MRT on the Thomson-East Coast Line is open and ready for operation.
With the Woodlands Park Connector and Sports and Swimming Complex just at your doorstep, this Woodlands BTO comes with a comprehensive set of amenities to serve residents.
Tengah, known as the Forest Town, continues to have another BTO launch since its first inauguration in November 2019. This time, the Tengah BTO will be located in between the Tengah MRT and Hong Kah MRT stations. But since this is still a new HDB town, there’s a lot of unknowns for the amenities surrounding the Tengah BTO.
But here’s what we know so far based on the URA Master Plan:
So, if greenery and convenience is something you are looking for, this Tengah BTO should be able to offer those, which is not common for a non-mature estate like Tengah.
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.
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