HDB’s new BTO projects launched

The Housing and Development Board (HDB) has launched two more Build-To-Order (BTO) projects.

Punggol Crest in Punggol and Treegrove@Woodlands will offer some 1,500 units. Punggol Crest comprises 750 standard flats, and Treegrove@Woodlands will offer 784 premium flats.

HDB said most of the flats would be set aside for first-timers.

The selling prices for the flats range from S$90,000 for a two-room flat to S$301,000 for a four-room unit in Punggol Crest. Prices for Treegrove@Woodlands range from S$64,000 for a studio apartment to S$288,000 for a four-room flat.

With Thursday’s launch, HDB would have offered a total of 2,825 units of new flats under the BTO projects in the first two months of this year.

HDB said it will launch another 1,000 BTO flats in Sembawang and Sengkang next month.

In total, it is planning to offer about 7,000 BTO flats in the first six months of the year. And for the full year, it will launch 12,000 new BTO flats; more if there is demand.

HDB said the projects will have a good geographical spread over areas such as Punggol, Yishun and Jurong West.

Source : Channel NewsAsia – 11 Feb 2010

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