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