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3 new BTO projects launched offering 2,696 flats

As published in Channel News Asia
30 June 2010 (Wednesday)




Artist impression of Waterway Terraces

SINGAPORE: The Housing and Development Board (HDB) launched three new Build-To-Order (BTO) projects in Punggol and Sengkang on Wednesday.

The projects are Waterway Terraces in Punggol, Fernvale Foliage and Rivervale Arc in Sengkang.

A total of 2,696 flats will be offered.

HDB says this is the largest number of BTO flats offered in a single launch so far.

They comprise 238 units of 2-room, 399 units of 3-room, 1,585 units of 4-room and 474 units of 5-room flats.

95 per cent of the public supply will be set aside for first-timers.

HDB says that with the latest launch, it would have offered a total of 8,828 new BTO flats for sale in the first six months of this year.

This is equivalent to the BTO supply for the whole of last year.

Waterway Terraces in Punggol will be the first waterfront housing project.

It offers 1,072 premium flats and boasts eco-friendly features which include solar power to supplement lighting needs in common areas.

Prices of the three-room units start from S$186,000. Four- and five-room units start from S$300,000 and S$374,000 respectively.

Fernvale Foliage in Sengkang offers 504 standard flats and Rivervale Arc, also in Sengkang, offers 1,120 standard flats.

They are priced lower than the flats in Waterway Terraces. Prices range from S$68,000 to $279,000.

HDB says it plans to launch at least 12,000 new BTO flats by September and more if there is demand.

The upcoming projects will be in Bukit Panjang, Jurong West, Yishun and Woodlands.

In July, flat buyers can look forward to the launch of about 1,000 BTO flats in Bukit Panjang and Jurong West.

- CNA/ir

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Punggol BTO Project Details

BTO ProjectBlock No.Release DateCompletion DateNo. of UnitsInitial Launch PriceEdgedale Green632A-C, 633A-B, 635A-C, 636A-BDec 2002Dec 2006582$141,000 - $170,000Periwinkle195A-EDec 2002Dec 2006450$152,000 - $183,000Sundial167A-D, 168A-D, 169A-DSep 2003Sep 2007425$138,000 - $178,000Punggol Anthias
(cancelled)612A-D, 613A-DDec 2004-134$101,000 - $185,000Coralinus 1301A-C, 303A-CJun 2005Jun 2009369$169,000 - $206,000Coralinus 2301D, 303D, 302A-DFeb 2006Feb 2010365$182,000 - $220,000Treelodge305A-D, 306A-DMar 2007Mar 201198$139,000 - $383,000Punggol Vista601A-D, 602A-CAug 2007Aug 2011105$75,000 - $227,000Punggol Lodge603A-D, 604A-COct 2007Oct 201152$122,000 - $234,000Damai Grove
(Punggol Anthias)612A-D, 613A-DDec 2007Dec 201162$123,000 - $240,000Punggol Spring614A-B, 615A-CFeb 2008Feb 2012476$204,000 - $259,000