Under the September exercise, Singaporeans will gain access to a wide array of affordable housing options.
According to an HDB press release, the new flats have a considerably lower price than the one of comparable resale apartments in the same area. Hence, new owners will find it much easier to carry out home interior design and renovations, upgrades or complete interior design overhauls.
Out of all the ROF flats, there are 268 two-room Flexi apartments, 202 three-room flats, 90 four-room properties, 49 five-room apartments and 104 3Gen flats. These are located across multiple estates like Bukit Merah, Ang Mo Kio, Tampines, Clementi and Toa Payoh.
Approximately 12 per cent of these flats are completed. The others are still under construction.
HDB announced that approximately 95 per cent of the ROF flats will be dedicated for purchase by first-time buyers.
The new BTO flats range from two-room Flexi to five-room apartments. The prices vary from one project to another. For Punggol project, the sums range from 109,000 to 423,000 dollars. In mature towns like Tampines, the price range is from 312,000 to 418,000 dollars.
All of the properties are spread across the Punggol Point Cove, the Punggol Point Crown and the Tampines GreenGlen Project.
Punggol Point Cove and Punggol Point Crown are a part of the so-called Green Heritage district. The district embraces green living and pays tribute to Punggol’s fishing village history and traditions.
Both new projects are to be located right in a hub of amenities and activities. The Punggol Point LRT station is also located nearby for added commuting convenience.
GreenGlen is close to Sungei Api Api and to a proposed park development. There are six residential blocks as a part of the project ranging in height from nine to 16 floors. Numerous facilities will be housed in the area to promote higher quality of living – playgrounds, a childcare centre, gyms, roof gardens and wellness trails.
HDB announced that 4,500 additional BTO flats will be launched for sale in November 2019. These flats are going to be located in multiple developments like Ang Mo Kio, Tengah and Tampines. In February of 2020, HDB will make 3,000 BTO flats available for sale in Sembawang and Toa Payoh.