More Brand New HDB Flats launched

Sky Peak at Bukit Batok, New HDB Flats for Sale by HDB in Bukit Batok

SkyPeak @ Bukit Batok

New HDB Flats for Sale in Compassvale Helm in Sengkang newly launched by HDB

Compassvale Helm in Sengkang

Looking to set up a new family, just got married, you’re in luck because our Housing Development Board (HDB) has launched quite a number of Brand New HDB Flats for Sale. These new HDB Flats are at Compassvale Cape and Compassvale Helm in Sengkang, Matilda Portico in Punggol and SkyPeak in  Bukit Batok.

This gives pushes 3,898 units of Studio Apartments, 2-, 3-, 4- and 5-room HDB Flats for sale.

Some market watchers including ourselves expect that this may push resale HDB flat prices downwards or upwards, it remains to be seen. Many have said the new HDB flats relesased in Yishun have fallen very far short of expectations. Launches in “new towns” remain less popular than those in mature established townships like Tampines, Toa Payoh, Bedok and elsewhere. New HDB Flats for sale in established estates are limited due to the availability of space and land for such new developments. Such New HDB Flats are also priced higher and more expensive than those in the “New Towns”. These attract more 2nd timers, or those looking to upgrade their homes.

According to HDB the new units are expected to be priced as follows:

 

Build-To-Order Mar 2013 Prices

Project
Flat Type
Selling Price
(excluding Grants)
Non-Mature Towns/Estates
Compassvale Cape
Studio Apartment
From $88,000
3-room
From $189,000
4-room
From $284,000
5-room
From $365,000
Compassvale Helm
Studio Apartment
From $88,000
4-room
From $304,000
5-room
From $372,000
Matilda Portico
4-room
From $294,000
5-room
From $363,000
SkyPeak @ Bukit Batok
2-room
From $117,000
3-room
From $209,000
4-room
From $294,000
5-room
From $411,000

Notes:

  • For 2-room flats, assumed Additional CPF Housing Grant (AHG) of $40,000 and Special CPF Housing Grant (SHG) of $20,000.
  • For 3-room flats, assumed AHG of $30,000 and SHG of $5,000.
  • For 4-room flats, assumed AHG of $15,000.
  • For 5-room flats, assumed AHG of $10,000.
  • SHG applicable only to 2-room and 3-room standard flats in the non-mature estates.
  • Actual Grant amounts will vary based on income and choice of flat.
  • Click here for more information about the various CPF Housing Grants available.
  • Studio Apartments are sold on 30-year lease. Prices are inclusive of the elderly-friendly fittings/finishes.
  • 2-/3-/4-/5-room flats are sold on 99-year lease.
Content Protected Using Blog Protector By: PcDrome.