BTO project in Punggol launched

The Housing & Development Board (HDB) has launched another Build-To-Order (BTO) project – the Punggol Topaz with 1,010 standard flats – in Punggol.

HDB said 95 per cent of the flat supply would be set aside for first-timer households.

With the launch on Wednesday, HDB would have offered a total of 17,713 new flats for sale under the BTO and Sale of Balance Flat exercise in 2010.

Punggol Topaz, located along Punggol Way and Punggol Field, comprises 184 units of three-room, 542 units of four-room and 284 units of five-room flats.

Facilities to be provided at this development include a supermarket, an eating house, shops, a child care centre, and a Residents’ Committee Centre.

Other facilities available in Punggol town to serve the future residents include the nearby Punggol MRT/LRT station, bus interchange, and the future town centre.

The Tampines Expressway (TPE) and Kallang-Paya Lebar Expressway (KPE) are a short drive away, offering good connectivity to the rest of Singapore.

In line with HDB’s plans to develop Punggol as an Eco-Town, Punggol Topaz is designed for Green Mark Certification, with eco-friendly features.

The layout of blocks and units is oriented to minimise heat gain from the sun.

It is designed with ecologically friendly features such as dry ponds and rain gardens that help to maintain the quality of surface runoff from rainwater before it is discharged into the drainage system.

The selling prices for the flats range from S$166,000 to S$207,000 for a three-room flat, S$267,000 to S$329,000 for a four-room flat and S$335,000 to S$406,000 for a five-room flat.

For 2011, HDB said it is prepared to launch up to 22,000 new BTO flats, if demand is sustained.

In the first quarter of next year, HDB will launch about 5,000 BTO flats. These BTO flats will be located in towns such as Bukit Panjang, Jurong West, Yishun and Sengkang.

The next BTO launch in January 2011 will offer 1,700 flats in Bukit Batok and Yishun.

Source : Channel NewsAsia – 22 Dec 2010

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